Moneycontrol PRO
HomeNewsBusinessAU Bank forays into south India with branch launch in Bengaluru

AU Bank forays into south India with branch launch in Bengaluru

With this branch at J.P. Nagar here, AU Bank has 664 banking touchpoints across 12 states and one Union Territory.

August 07, 2020 / 13:31 IST

AU Small Finance Bank, a scheduled commercial bank, on Friday announced its foray into south India with branch launch in Bengaluru.

With this branch at J.P. Nagar here, AU Bank has 664 banking touchpoints across 12 states and one Union Territory.

Another branch is going to be launched at Residency Road here this month, it said in a statement.

In the last three years as a bank, AU has built a net worth of about Rs 4,600 crore, deposit base of over Rs 26,000 crore and a strong lending base of about Rs 30,000 crore, the statement added.

.

first published: Aug 7, 2020 01:05 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347