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Business EconomyPosted at: Jun 15 2017 6:22PM


AU Small Finance Bank Ltd inaugurates its BKC branch in Mumbai

Mumbai, Jun 15 (UNI) AU Small Finance Bank Limited, India’s only Small Finance Bank that emerged from an asset financing, today inaugurated its branch in Bandra-Kurla Complex area of city.
AU has been operating as an NBFC in Maharashtra since many years before recently transforming into a small finance bank.
The 3000 sq ft plush branch located at ground floor of Kanakia Zillion, BKC was inaugurated by Dr Harsh Kumar Bhanwala, chairman, National Bank For Agriculture & Rural Development (NABARD), in the presence of Ajay Kumar Kapur, deputy managing director, Small Industries Development Bank of India (SIDBI), &
Manoj Mittal, deputy managing director, SIDBI, along with Sanjay Agarwal, MD & CEO of AU Small Finance Bank.
AU Small Finance Bank now offers seamless banking at over 269 branches across 11 states and a Union Territory in India as of May 31. The Bank has its presence in Rajasthan, Delhi, Gujarat, Maharashtra, Goa, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Himachal Pradesh, Chandigarh, Haryana and Punjab.
To cover a whole spectrum of finance, AU Small Finance Bank is providing banking products ranging from Savings Accounts to Current Accounts and term Deposits to Recurring Deposits. All the services are exclusively curated to give customers optimum benefit customized to maximize the ease of banking.
Mr Agarwal of AU Small Finance Bank said, "The Bank will embark a mission upon us that no Indian should be deprived of banking and every customer should feel supreme and be offered truly simplified products and solutions.
"Working towards this, we have started offering seamless banking services in over 269 branches across 11 states and a Union Territory in India as of May 31," he added.
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