Au bank full form: It was categorised as a

It was categorised as a scheduled bank in 2017 and has been committed to financing the aspirations of the unbanked and underserved masses of India in both rural and urban settings. Founded in the year 1996, an Indian Small Finance Bank with its headquarters in Jaipur is called AU Small Finance Bank Limited. In 2017, it changed its name from AU Financiers (India) Ltd, a vehicle finance firm, to AU Small Finance Bank. AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank, [5] headquartered in Mumbai. It was founded in 1996 as a vehicle finance company and was converted into a small finance bank in 2017. Company History - Au Small Finance Bank Ltd. The Company was originally incorporated as ‘L.N. Finco Gems Private Limited’ on January 10, 1996 as a private limited company under the Companies Act, 1956 with the RoC. Pursuant to the change of name of the Company to Au Financiers (India) Private Limited to reflect the diversified finance business of the Company, a fresh certificate of incorporation was issued by the RoC on May 24, 2005. the Company was converted into a public limited ...