Au bank full form: AU Small Finance Bank

AU Small Finance Bank, also known as AU Bank, is a banking and financial institution based in India. AU Bank gets its name from Au rum, the Latin word for gold, and its chemical symbol Au. In conclusion, AU Bank stands for ‘Arya Union Bank’ and is a growing private sector bank in India. Originally established as an NBFC, the bank transformed itself into a scheduled commercial bank in 2017. It was categorised as a scheduled bank in 2017 and has been committed to financing the aspirations of the unbanked and underserved masses of India in both rural and urban settings. Company History - Au Small Finance Bank Ltd. The Company was originally incorporated as ‘L.N. Finco Gems Private Limited’ on January 10, 1996 as a private limited company under the Companies Act, 1956 with the RoC. Pursuant to the change of name of the Company to Au Financiers (India) Private Limited to reflect the diversified finance business of the Company, a fresh certificate of incorporation was issued by the RoC on May 24, 2005. the Company was converted into a public limited ...