RIDING ON SMALL LOANS

AU Small Finance Bank wants to grow in the unsecured retail segment by capitalising on its stronghold among small borrowers in under-banked areas

- TEENA JAIN KAUSHAL

JAIPUR-BASED NBFC-turned small finance bank, AU Small Finance Bank, was founded by first-generation entrepreneur Sanjay Agarwal in 2017 and, in just a few years, has more than double the assets of its nearest competitor. It also has the best asset quality with the highest return on capital employed among its peers. No wonder that it is the Best Small Finance Bank in the BTKPMG Best Banks and Fintechs Survey 2021-22. And that's two years in a row.