IGI Logo

AU Small Finance Bank Limited (“AU SFB”), India’s largest Small Finance Bank and the first to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, today announced the launch of 51 new branches across the country. The branches will be inaugurated on August 15, 2025, coinciding with India’s 79th Independence Daya symbolic move that reflects AU SFB’s commitment to empowering communities through inclusive and accessible banking.

The expansion includes 30 Liability branches and 21 Microfinance & Inclusive Banking (MFIB) branches, strategically located in high-potential regions such as West Bengal, Gujarat, Telangana, Madhya Pradesh, Odisha, Rajasthan, and Tamil Nadu. These new branches will offer a full suite of financial services including deposits, payments, collection solutions, trade finance, insurance, investment products, and advanced digital banking. Additionally, the MFIB branches will provide specialized support for micro-enterprises and underserved segments.

Speaking on the launch,?Mr. Uttam Tibrewal,?ED and Deputy CEO AU Small Finance Bank, said: “This expansion is not just about increasing our branch count it’s about deepening our presence in the lives of people and communities we serve. Each new branch brings us closer to our vision of offering a more comprehensive banking experience. The in-principle approval we received to transition into a Universal Bank is a reflection of our consistent efforts to serve diverse customer segments with trust, care, and meaningful financial solutions. Launching these 51 branches on Independence Day is a tribute to the spirit of financial freedom and our commitment to inclusive growth.”

With this strategic addition, AU SFB strengthens its footprint across diverse geographies, reaffirming its role as a trusted partner in India’s journey toward inclusive economic growth.

Above views are of the author and not of the website kindly read disclaimer