AU Small Finance Bank Ltd.

Incorporated in 1996, Au Financiers (India) Ltd is Jaipur Rajasthan based non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels.Au Financiers operate in 3 business lines:1. Vehicle finance2. Micro, small and medium enterprises (MSMEs) loans3. Small and medium enterprises (SMEs) loansOn December 20, 2016, Au Financiers received RBI license for Small Finance Bank (SFB). With this company is planning to offer a diverse suite of banking products in near future.Key Timelines of Au Financiers:• 1996 - Incorporated in Jaipur, Raj• 2000 - Registered as an NBFC with the RBI• 2005 - Became a commercial associate of HDFC Bank for originating and servicing vehicle loans• 2007 - Started MSME loans• 2011 - Started housing finance• 2012 - Started SME loans• 2016 - Received a license from the RBI to set up a 'small finance bank' (SFB).As of December 31, 2016, company had 300 branches spread across 10 states and one union territory in India, with significant presence in the states of Rajasthan, Gujarat, Maharashtra and Madhya Pradesh and employed 6,092 personnel serving 270,692 active loan accounts.Competitive Strengths• Diversified Product Portfolio and Revenue Streams• Customer Centric Organizational Commitment• Significant Presence in Rural and Semi-Urban Markets with Focus on Low and Middle Income Customers• Robust and Comprehensive Credit Assessment and Risk Management Framework• Access to Diversified Sources of Funding over the Years