Banks / AU Small Finance Bank
Banks / AU Small Finance Bank
AU Small Finance Bank is India's largest Small Finance Bank by balance sheet size. It traces its roots to AU Financiers (India) Ltd, a Jaipur-based retail-focused non-banking finance company (NBFC) founded in 1996 that built a strong lending heritage in vehicle finance (commercial vehicles, cars, two-wheelers) and MSME lending to underbanked customers. After receiving an in-principle Small Finance Bank licence from the RBI in December 2016 (one of ten entities licensed that round), it commenced banking operations as AU Small Finance Bank on 19 April 2017. In April 2024, AU SFB completed its merger with Fincare Small Finance Bank, significantly expanding its branch network, deposit base and customer reach. In August 2025, RBI granted AU SFB in-principle approval to transition into a Universal Bank, a process still underway.
Founder, Managing Director & CEO, AU Small Finance Bank — has led the institution since he founded AU Financiers (India) Ltd in 1996 and through its conversion into a banking entity in April 2017. A first-generation entrepreneur and a merit-ranking Chartered Accountant, he has over three decades of experience in retail and MSME lending. RBI has periodically approved his reappointment as MD & CEO in line with regulatory tenure norms; the most recent RBI approval extends his term by a further three years, commencing 19 April 2026.
Like most private sector banks, AU Small Finance Bank's top executive holds the standard title Managing Director & CEO (MD & CEO), subject to periodic RBI approval for each term as required for all bank MD & CEOs under the Banking Regulation Act, 1949.
| Term | Tenure | Notable Period |
|---|---|---|
| Current renewed term | ~2023 – Apr 2026 | SFB-to-Universal-Bank transition application; completed Fincare SFB merger (Apr 2024) |
| Prior term | ~2020 – 2023 | Scaled up digital banking (AU 0101 app), navigated COVID-19 asset quality cycle |
| Founding banking term | Apr 2017 – ~2020 | Converted AU Financiers (NBFC) into AU Small Finance Bank; built core banking & branch franchise |
24×7 balance enquiry, transactions, card blocking, service requests
Retail Fixed Deposit rates below (for deposits below ₹3 crore, general/non-senior citizen) are fetched live from AU Small Finance Bank's official rates page where possible. If the live fetch is unavailable, the last published rates are shown instead. As a Small Finance Bank, AU typically offers meaningfully higher FD rates than large universal banks.
| Metric | FY 2025-26 (Mar 2026) | FY 2024-25 (Mar 2025) | FY 2023-24 (Mar 2024) | FY 2022-23 (Mar 2023) |
|---|---|---|---|---|
| Net Profit (Full Year) | ~₹2,856 Cr | ₹2,105.93 Cr | ₹1,534.72 Cr | ~₹1,427 Cr |
| Total Deposits | ₹1.53 Lakh Cr | ~₹1.24 Lakh Cr | ~₹87,182 Cr | ~₹69,365 Cr |
| Total Advances (Gross Loan Portfolio) | ~₹1.40 Lakh Cr | ~₹1.16 Lakh Cr | ~₹73,999 Cr | ~₹59,203 Cr |
| Gross NPA Ratio | 2.03% | 2.28% | 1.67% | ~1.98% |
| Net NPA Ratio | ~0.65% | 0.74% | 0.55% | ~0.56% |
| CRAR (Capital Adequacy) | ~19.5% | 20.10% | ~19.4% | ~22.9% |