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‘Chalo Aage Badhe' With AU Small Finance Bank
PCQuest
|July 2017
Ashish Saxena, Chief Technology Officer at AU Small Finance Bank tells PC Quest about the tech journey from an NBFC to SFB.
With the tagline ‘Chalo Aage Badhe’ AU Small Finance Bank is aiming high in the Indian Banking market as a newbie. In April this year, it recently re-launched itself from non-banking finance company (NBFC) after going through a strict process of the Reserve Bank of India. Earlier as an NBFC it was mainly focused on retailing sector, which primarily served low and middle income individuals and businesses that have limited or no access to formal banking and finance channels. It received a license from the Reserve Bank of India to set up an SFB on December 20, 2016.
On the lending side, the company has three business lines—vehicle finance, micro, small and medium enterprise (MSME) loans and small and medium enterprise (SME) loans.
Esta historia es de la edición July 2017 de PCQuest.
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