AU Bank Gets RBI Nod to Become Universal Bank
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RBI approves AU Small Finance Bank's transition to a universal bank. Learn about AUSFB's expansion and customer base.
Mumbai, Aug 7 (PTI) The Reserve Bank on Thursday said it has decided to grant 'in-principle' approval to AU Small Finance Bank Limited for transition into a universal bank.
After getting the SFB licence in 2015, AU Financiers commenced its journey as a small finance bank in April 2017.
AUSFB has a network of over 2,505 banking touchpoints across 21 states and 4 Union Territories. It has a customer base of over 1.15 crore and a workforce of more than 53,000 at end-June 2025.
After getting the SFB licence in 2015, AU Financiers commenced its journey as a small finance bank in April 2017.
AUSFB has a network of over 2,505 banking touchpoints across 21 states and 4 Union Territories. It has a customer base of over 1.15 crore and a workforce of more than 53,000 at end-June 2025.
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