AU Small Finance Bank, the first to secure in-principle approval from the Reserve Bank of India (RBI) to transition into a Universal Bank, has announced the launch of 51 new branches across the country, according to news reports.
The bank is opening a new branch on August 15, 2025, which is also India's 79th Independence Day. The date was chosen to highlight the bank's mission to make financial services more accessible to everyone.
The new network will comprise 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.
The bank announced that the new branches are designed to serve a wide range of customer needs and expand its reach in both cities and rural areas.
The new AU Small Finance Bank branches will provide a complete range of financial services, such as deposits, payments, trade finance, and various insurance and investment products. The branches will also offer advanced digital banking and specialised assistance for micro-enterprises and other underserved populations, highlighting the bank's commitment to inclusive growth.
Read More: AU Small Finance Bank Receives Universal Bank Approval from RBI; Share Price Surges!
As of August 14, 2025, AU Small Finance Bank share price closed at ₹749.80 per share, reflecting a surge of 1.60%. Over the past month, the stock has declined by 7.44%.
By opening 51 branches on a symbolic national occasion, AU Small Finance Bank is not only scaling up its operations but also reiterating its mission to serve a broader spectrum of customers. This expansion is a strategic step toward solidifying its role as a leading player in India’s banking landscape.
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Published on: Aug 16, 2025, 2:25 PM IST
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