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In 2017, after receiving the Reserve Bank of Indiaโs approval, AU transitioned into a Small Finance Bank, offering a full suite of banking services. The same year, it gained Scheduled Bank status and featured in the Fortune India 500. Over the years, AU has grown into Indiaโs largest Small Finance Bank, expanding its national footprint with tech-driven innovations and products for every customer segment โ from Savings and Current Accounts to Loans, Credit Cards, Wealth, and Insurance. Its digital platforms, AU 0101 and Video Banking, have redefined convenience across Bharat. Recently, AU Small Finance Bank received in-principle approval from the RBI to become a Universal Bank โ making it the first SFB in India to achieve this mile
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