AU Small Finance Bank Ltd
NSE: AUBANK BSE: 540611
₹932.90
-21 (2.20%)
Sat, 31 Oct 2026, 11:44 pm
Market Cap (in Cr)70215.55
PE Ratio22.38
Dividend0.11
Finance
Regional Banks
24.5KAU Small Finance Bank Ltd Company History
1996
- 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.
- Incorporated as a private limited company in Rajasthan with an authorised share capital of Rs 0.1 million.
2000
- Received certificate of registration under section 45 I A of RBI Act from the RBI to carry on the business of non-banking financial institution without accepting public deposits.
2005
- Became commercial associate of HDFC Bank for carrying on the business of financing commercial vehicles.
- A fresh certificate of incorporation was issued by the RoC on May 24, 2005, pursuant to the change of name of the Company to Au Financiers (India) Private Limited.
2006
- Expanded operations into Maharashtra.
2008
- Obtained investment of ? 200 million from India Business Excellence Fund and India Business Excellence Fund-1.
2009
- Forayed into Gujarat, the third state where the Company commenced its operations.
2010
- Received fresh certificate of registration under section 45 IA of RBI Act from the RBI pursuant to which RBI has classified the Company as a NBFC-ND-AFC.
- Obtained investment of ? 350 million, ? 60 million and ? 140 million, from IFC, IBE Fund and IBE Fund -I, respectively.
- Attained the status of “Systemically Important Non-Deposit Taking Asset Finance Company”.
2011
- Set-up a subsidiary, AuHFL, to provide housing finance services.
- Shortlisted for the Financial Times International Finance Corporation-Sustainable Finance Awards in the “Achievement in the Financing at the Base of the Pyramid” category.
2012
- Obtained investment of ? 1,500 million and ? 330.44 million from Redwood and IFC, respectively.
- Received upgrade of credit rating from CRISIL BBB+ / Stable to CRISIL A / Stable for long term bank facilities by CRISIL Ratings
- Set-up a subsidiary, Au Insurance Broking Services Private Limited, to provide insurance and broking services.
- Awarded the “Best PE-backed Financial Service Company” by VCCircle.
2013
- The Company was converted into a public limited company by way of a special resolution passed by the Shareholders at the EGM held on January 10, 2013
- The name of the Company was changed to ‘Au Financiers (India) Limited’.
- A fresh certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on January 11, 2013.
2015
- Received upgrade of credit rating to CARE A+ for long-term banking facilities by CARE Ratings.
- Assigned a credit rating of Ind A+ / Stable for long term banking facilities and NCDs by India Ratings.
- Received “in-principle” approval for forming an SFB from the RBI.
2016
- Received final approval for carrying on the business of SFB from the RBI.
- Received a long term credit rating of BWRAA with Stable Outlook from Brickwork Ratings.
- Received upgrade in long-term rating of CRISIL A/ Watch Positive by CRISIL Ratings.
- Pursuant to RBI approval dated April 6, 2016, divested its shareholding in AuHFL which was the erstwhile subsidiary company.
- Pursuant to RBI approval dated May 18, 2016, divested its entire shareholding in IML (2)
- Pursuant to RBI approval dated September 6, 2016, divested 29.53% of the total shareholding of M Power Micro Finance Private Limited.
- Divested its entire shareholding in Au Insurance Broking Services Private Limited (“AuIBSPL”), the erstwhile associate company.
2017
- Commenced operations as an SFB and the same was notified via RBI press release dated April 19, 2017
- Received upgrade of credit rating outlook from Ind A+ / Stable to IND A + / POSITIVE for long term banking facilities and NCDs by India Ratings
- Adjudged runner-up in Best Retail NBFC category by Outlook Money Awards, 2016.
2018
- AU BANK STARTS ITS SOCIAL CONNECT INITIATIVES WITH PAKHI
- AU Bank receives Rajasthan Best Brand Awards 2018
- AU Bank organised Free yoga camps in more than 50 cities on International Yoga Day
- AU Bank’s humble gesture to convey gratitude to the Doctors on their special day
- AU Small Finance Bank ties up with Aurionpro Solutions
- CRISIL upgrades AU Small Fin Bank's rating to low credit risk 'AA-'
- Au Small Finance Bank Has Entered Into Agreement With The New India Assurance Company Limited
2019
- Au Small Finance Bank - AU SMALL FINANCE BANK LIMITED ('The Bank') Enter Into Agreement With TATA AIG
2020
- AU Small Finance Bank starts operations in eastern India
2022
- AU Small Finance Bank issued of Bonus Shares in the ratio of 1:1.
2023
- AU Small Finance Bank Limited Enters Into Bancassurance Tie-Up With Max Life Insurance Company Limited.
- AU Small Finance Bank Limited Enters Into Bancassurance Tie-Ups With Star Health And Allied Insurance.
2024
- AU Small Finance Bank Ltd. Enters Into Corporate Agency Agreement With Kotak Mahindra Life Insurance.
- AU Small Finance Bank received Approval from the RBI for the Amalgamation of Fincare Small Finance Bank Limited into and with AUSFB with effect from April 01, 2024
