AUBANK

It was initially incorporated as ‘L.N. Finco Gems Private Limited’ as on January 10, 1996, as a private limited company under the Companies Act, 1956 with the RoC. According to the name change of the Company to Au Financiers (India) Private Limited to reflect the RoC issued the diversified finance business of the Company, a fresh certificate of incorporation on May 24, 2005. It was also converted into a public limited company by way of a special resolution passed by the Shareholders during the EGM held on January 10, 2013, and the company name was changed to ‘Au Financiers (India) Limited.’ The RoC issued a fresh certificate of incorporation consequent upon conversion to a public limited company as on January 11, 2013. It was also granted the in-principle approval to establish an SFB by the RBI, according to its letter dated October 7, 2015. Also, the RBI granted it the final approval to establish an SFB by its letter dated December 20, 2016. According to the Company being established as an SFB, the company name was changed to ‘AU the RoC issued small Finance Bank Limited' and a fresh certificate of incorporation as on April 13, 2017.

1996: It was incorporated as a private limited company in Rajasthan with an authorized share capital of INR 0.1 million.

2000: It received a certificate of registration under section 45 I A of RBI Act from the RBI to carry on the business of non-banking financial institution without accepting public deposits.

2005: It also became a commercial associate of HDFC Bank for carrying on the business of financing commercial vehicles.

2006: It expanded its operations into Maharashtra.

2008: It also obtained investment of INR 200 million from India Business Excellence Fund and India Business Excellence Fund-1.