
News Topical, Digital Desk : AU Small Finance Bank is going to expand its branch network across the country. The bank says that it is going to open 51 branches across the country on the occasion of India's 79th Independence Day on 15 August 2025. This Jaipur-headquartered bank has recently become the first small finance bank to receive in-principle approval from the Reserve Bank of India for transformation into a universal bank.
The bank has said that this expansion includes 30 liability branches and 21 microfinance and inclusive banking (MFIB) branches located in West Bengal, Gujarat, Telangana, Madhya Pradesh, Odisha, Rajasthan and Tamil Nadu.
What work will be done in the branches The bank said that these new branches will provide a complete set of financial services including deposits, payments, collection solutions, trade finance, insurance, investment products and advanced digital banking. Apart from this, MFIB branches will provide special support for micro enterprises and unreserved segments.
Share performance On Thursday, the share of AU Small Finance Bank closed at Rs 749.80 with a gain of 1.60 percent. In the last one year, the shares of the bank have seen a gain of 24.33 percent.
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