Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

AU Small Finance Bank Crosses 1,000 Microfinance Branches, Reaches 20 Lakh+ Customers

AU Small Finance Bank

AU Small Finance Bank (AU SFB) has crossed the milestone of 1,000 Microfinance & Financial Inclusion Business (MFIB) branches, strengthening its financial inclusion network across rural and semi-urban India.

Mumbai, September 29, 2026: AU Small Finance Bank (AU SFB) has announced that its Microfinance & Financial Inclusion Business (MFIB) network has crossed 1,000 branches, marking a significant expansion of its efforts to extend formal banking and financial services to underserved communities.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

The bank’s MFIB network now serves more than 20 lakh customers and 58 lakh+ rural savings account holders across 59,000+ villages in 17 states and one Union Territory. The branches are spread across rural and semi-urban markets in North, Central, East and South India.

AdvertisementSAAS

According to the bank, the MFIB network has supported women-led micro-enterprises, agriculture-linked and livestock-based livelihoods, and small rural businesses, helping households create income opportunities and strengthen their financial resilience.

AU SFB’s MFIB network extends beyond credit services by providing underserved households with access to a broader range of financial products and services.

AdvertisementInfoComm India 2026

These include savings accounts, insurance solutions, Aadhaar-enabled banking services, Direct Benefit Transfer (DBT) access, digital payments, financial literacy programmes and doorstep banking support.

The bank said its approach combines the reach of a full-service banking institution with community-level engagement to help customers access formal financial services and participate more actively in the economy.

The expansion of the MFIB network has also focused on supporting women entrepreneurs and small businesses in rural and semi-urban communities.

Uttam Tibrewal, Deputy CEO – Retail Banking, AU Small Finance Bank, said the milestone represents more than an expansion of the bank’s branch network and reflects the trust built with customers across rural India.

He highlighted the role of access to responsible finance in helping women entrepreneurs expand their businesses, enabling households to develop sustainable income streams and encouraging communities to participate in the formal financial system.

Also Read: Apple Pay Launches in India with Axis Bank Cards, Expands Contactless Payment Options

AU SFB said it will continue to expand its presence while focusing on customer-centric financial services and supporting the long-term economic progress of underserved communities.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

AvenuesAI Q2 Profit Rises 6% as Payments TPV Climbs

AvenuesAI Limited (formerly Infibeam Avenues Limited; BSE: 539807; NSE: CCAVENUE), the GIFT City–headquartered fintech and payments company, on… Read more →

Scripbox Clears Path to IPO With Public Company Conversion

Scripbox Wealth Managers Private Limited, the Bengaluru-based wealthtech platform founded by Atul Shinghal and Sanjiv Singhal, won shareholder… Read more →

Go Digit Q2 FY27 Profit Falls 31% to ₹142 Crore as Claims Rise

Go Digit General Insurance Limited, the Pune-based digital full-stack non-life insurer, reported a net profit of ₹142 crore… Read more →

Pine Labs Plans 1 Million UPI Soundboxes Ahead of Possible MDR

Pine Labs Limited expects to process ₹33,000–34,000 crore of monthly UPI gross transaction value (GTV) by FY28, according… Read more →

ED Searches CoinDCX, Delta Over FEMA Crypto Trades

The Enforcement Directorate (ED), Bengaluru Zonal Office, searched three premises linked to Neblio Technologies Private Limited (CoinDCX) and… Read more →

Angel One Overtakes Zerodha as India's No. 2 Broker

Angel One Limited overtook Zerodha as India’s second-largest stockbroker by National Stock Exchange (NSE) active investors at the… Read more →

whatsapp--v1