AU Small Finance Bank Limited
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AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank and India’s largest tech-led small finance bank, based in Jaipur. It was founded as vehicle finance company and NBFC, AU Financiers Ltd in 1996 and converted into a full-fledged small finance bank on 19 April 2017. The same year, AU Small Finance Bank first became a Fortune India 500 Company, and got listed on National Stock Exchange & Bombay Stock Exchange. AU Small Finance Bank ranked 355 in the list of Fortune India 500 companies, with total B/S assets of ₹31,198.68 crore. AU Bank enjoys long term credit rating of "AA-/Stable" from CRISIL Ratings, ICRA Ratings, India Ratings and CARE Ratings. As a small finance bank, AU Small Finance Bank serves low and middle income individuals and micro and small businesses that have limited or no access to formal banking and finance channels. The Bank offers loans, deposits and payment products and services. With effect from April 1, AU Small Finance Bank has successfully acquired Fincare Small Finance Bank, the first merger of its kind involving small finance banks.
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