 "AU Small Finance Bank: Impressive track record")
AU Financier, now known as AU Small Finance Bank, drew a lot of eyeballs back in October 2015. It was the only asset-based non-banking finance company (NBFC) among the 10 names which were awarded an SFB or small finance bank licence. The nine other awardees were micro finance institutions. This partly explains the interest around its Initial Public Offer (IPO). What amplifies the interest is AU’s journey from an unorganised financier to a regional NBFC and now to become an SFB.
Operations
A business that commenced in 1996 for financing vehicles was associated with HDFC Bank as its
Operations
A business that commenced in 1996 for financing vehicles was associated with HDFC Bank as its
