AU Small Finance Bank is based out of Jaipur in India. The bank offers a number of services such as personal banking, loans, and so on. Here is a look at the bank's performance.
AU Small Finance Bank is an Indian commercial bank based in Jaipur, Rajasthan. It specialises in personal banking, retail loans, and wholesale banking.
Market Capitalisation
The market cap of AU Small Finance Bank, as of mid-July 2018, is a little over Rs.18,000 crore.
AU Small Finance Bank Limited is an Indian commercial bank based in Jaipur, India. It started its operation by providing vehicle loans and subsequently moved into other banking operations like deposits, insurance, current and savings account, and retail loans. In 2017, AU Small Bank was a Fortune 500 Company.
The roots of the company can be traced back to the year 1996, when the company was incorporated as L.N. Finco Gems Private Limited. The company started its operations with vehicle financing and subsequently expanded into the business of non-banking financial institutions in 2000. However, back then, they were allowed to do this business without accepting public deposits. Over the course of next decade, the company received investments which enabled it to expand its operations and move into other states. In 2010, AU Bank started to offer housing loans. In 2016, the organisation received its final approval from the RBI to transform its business into that of a small finance bank. In 2017 June, the company went public and listed its shares through an IPO.
Mr. Mannil Venugopalan - Chairman of Board
Mr. Venugopalan presently serves as the Chairman of Board at AU Small Finance Bank. He has been a part of the bank since August 2011. Back then, he joined as an Additional Director and was subsequently appointed as a Non-Executive Director in September 2012 and in 2013, he was assigned the position of an Independent Director. He has been a part of the banking industry for more than 46 years and prior to joining AU Small Finance Bank, he served as the Managing Director and Chairman at Bank of Baroda. Mr. Venugopalan holds a Bachelor's degree in Commerce from the University of Kerala.
Mr. Sanjay Agarwal - Managing Director & CEO
Mr. Agarwal presently serves as the Chief Executive Officer, Managing Director, and the Promoter of AU Small Finance Bank. He has been associated with the bank since 1996 and has played an important role in establishing the organisation. As a qualified Chartered Accountant, he has worked in finance, accounting, risk management, and strategic planning. He has over 20 years of experience and has been serving as the Managing Director since 2008 February and in February 2013, he was re-appointed to the same post. He graduated from the Government College, Ajmer with a Bachelor's degree in Commerce.
Mr. Krishan Kant Rathi - Independent Director
Mr. Rathi, a qualified Chartered Accountant and Company Secretary, has been a part of the bank since 2008. He joined the organisation as an Additional Director and eventually became an Independent Director. Before joining the AU Small Finance Bank Limited, he served as Chief Financial Officer of the Future Group and as the Chief Investment Officer and Chief Executive Officer of Future Consumer Limited. In addition to this, he also serves as the Managing Director of Indianivesh Fund Managers Private Limited. He graduated from the Rajasthan University with a Bachelor's degree in Commerce.
The equity shares of AU Small Finance Bank Limited are available for trading on the National Stock Exchange of India Limited and the Stock Exchange Limited, Mumbai. The respective codes for the same are as follows:
Coming to the stock market indices, the company forms a part of the following:
Registered Office
AU NEEV,
19-A, Dhuleshwar Garden
Ajmer Road
Jaipur - 302001
Rajasthan, India
Corporate Office
5th Floor, E-Wing
Kanakia Zillion, Junction of CST and LBS Road,
Kurla West - Mumbai - 400070
Maharashtra, India
Contact number: 1800-1200-1200
Email: investorrelations@aubank.in
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