AU Small Finance Bank
AU Small Finance Bank is growing its vehicle-finance business, with AUM past ₹50,000 crore across more than 13.7 lakh customers (ET Small Business, 16 Sept), while pushing credit-card offers and video-led savings account opening (The Hindu BusinessLine, 9 Sept). New-vehicle loans make up ₹30,752 crore of the book (ET Small Business).
What it means Rival vehicle lenders face a competitor with 3,000-plus service touchpoints across nearly 2,000 locations.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 8 stories, the newest dated 24 Sept 2026. Summary written 3 Oct 2026.
AU Small Finance Bank is an Indian small finance bank that offers savings accounts, credit cards and vehicle finance. [1] source: ET Small Business[2] source: The Hindu BusinessLine[3] source: The Hindu BusinessLine
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It has 2,920 banking touchpoints across 21 states and 4 union territories, and more than 1.2 crore customers. [2] source: The Hindu BusinessLine The lender is preparing to transition into a universal bank. [1] source: ET Small Business
Its vehicle-loan portfolio exceeded Rs 50,000 crore AUM in August 2026, serving over 13.7 lakh customers. [1] source: ET Small Business New-vehicle finance accounts for Rs 30,752 crore of that book and pre-owned-vehicle finance for Rs 17,966 crore. [1] source: ET Small Business In September 2026, with Visa and CheQ, it launched the CheQ AU Credit Card, described as India's first LED-enabled credit card, at Global Fintech Fest 2026. [4] source: The Hindu BusinessLine It is also promoting savings-account opening in under 10 minutes, video KYC of about 2 minutes and 24x7 video banking. [2] source: The Hindu BusinessLine Its Ganpati 2026 travel offers on credit cards include discounts up to Rs. 10,000, and its August offers included 5 reward points per Rs. 100. [5] source: The Hindu BusinessLine[3] source: The Hindu BusinessLine
Jefferies rated AU Small Finance Bank a Buy in September 2026, with a target price of Rs 1,270 against Rs 1,061. [6] source: Financial Express[7] source: NDTV Profit Business Today reported that bancassurance income was 11% of its FY27 normalised PBT, as IRDAI proposed capping insurance commissions. [8] source: Business Today
Sources
Questions about AU Small Finance Bank
How many AU Small Finance Bank stores are there?
AU Small Finance Bank had 2,920 banking touchpoints across 21 states and 4 union territories, as reported in September 2026. [5] source: The Hindu BusinessLine
What is AU Small Finance Bank's current strategy in India?
In September 2026 AU Small Finance Bank launched the CheQ AU Credit Card with Visa and CheQ, and promoted video-led digital savings-account opening and 24x7 video banking. In August 2026 it ran credit-card rewards and EMI offers. [2] source: The Hindu BusinessLine[4] source: The Hindu BusinessLine[3] source: The Hindu BusinessLine
Stories that mention AU Small Finance Bank
3 stories
AU Small Finance Bank is named in these stories but is not their subject.