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AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank [2] and India’s largest [3] tech-led [4] small finance bank, based in Jaipur. It was founded as vehicle finance company and NBFC , AU Financiers (India) Ltd in 1996 and converted into a full-fledged small finance bank on 19 April 2017.
AU Bank was the only non-banking finance company to receive this license. [7] Agarwal was first appointed as managing director of Au Financiers on 14 February 2008. As the company transformed into a Small Finance Bank on 19 April 2017, he became the Managing Director & CEO of AU Small Finance Bank. [5]
Pages in category "Small finance banks" The following 10 pages are in this category, out of 10 total. ... Small finance bank; A. AU Small Finance Bank; C. Capital ...
This article mentions microfinance and AU Small Finance Bank, but it is saying that eight of the ten companies granted bank licenses were involved in microfinance, and AU was one of the two that were not involved in microfinance. Jack N. Stock 04:08, 15 March 2018 (UTC)
AU Small Finance Bank: Licensing. This file is licensed under the Creative Commons Attribution-Share Alike 4.0 International license. You are free:
The company was founded in July 2007 as Fullerton India Credit Co. Ltd. In December 2021, SMFG, a Japanese financial holding company that owns Sumitomo Mitsui Banking Corporation and SMBC Trust Bank, purchased a 74.9% stake in Fullerton India, while the remaining 25.1% stake was held by Fullerton Financial Holdings, a Singaporean investment company owned by the Government of Singapore.
Luck. Fate. Blessing. A glitch in the matrix. Or, if you’re more skeptical, just a coincidence.. It’s a phenomenon that, from a statistical perspective, is random and meaningless.
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