AU Small Finance Bank Limited Overview
Pro stress-test →AU Small Finance Bank reports strong financial performance with significant growth in deposits and loans, improved asset quality, and expanded profitability. The bank is an Indian scheduled commercial small finance bank founded in 1996 as a vehicle finance company and converted into a small finance bank in 2017. The bank received in-principle approval from the Reserve Bank of India to transition to a universal bank.
Strategic Profile
Pro stress-test →The bank is growing its commercial banking portfolio at 25% year-on-year to INR 27,700 crore, while expanding its inclusive finance portfolio at 2% quarter-on-quarter to INR 6,600 crore. Deposit growth of 23% year-on-year significantly outpaces system growth of 12.7%, while loan portfolio growth of 19.3% is 1.3 times the system growth and 2.5 times nominal GDP growth. The bank's strategic focus is on diversified lending across secured retail, commercial banking, and inclusive finance segments.
Competitive Landscape
Pro stress-test →The bank emphasizes its strong foundation and product range to compete effectively in the competitive landscape where peers have raised capital. AU Small Finance Bank competes primarily with other small finance banks and regional banks in India's retail and microfinance segments, leveraging its specialist expertise in vehicle financing and inclusive finance.
Industry Context
AU Small Finance Bank Limited operates in Banking & Financial Services.
Key facts
Founded: 1996 · Headquarters: Jaipur, India · Employees: N/A · Revenue: N/A · Market cap: ₹591.5B