The Company was originally incorporated as `L.N. Finco Gems Private Limited' on January 10, 1996 as a private limited company under the Companies Act, 1956 with the RoC. Pursuant to the change of name of the Company to Au Financiers (India) Private Limited to reflect the diversified finance business of the Company, a fresh certificate of incorporation was issued by the RoC on May 24, 2005. the Company was converted into a public limited company by way of a special resolution passed by the Shareholders at the EGM held on January 10, 2013 and the name of the Company was changed to `Au Financiers (India) Limited'. A fresh certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on January 11, 2013. the Company was granted the in-principle approval to establish an SFB by the RBI, pursuant to its letter dated October 7, 2015. Subsequently, the RBI granted the Company the final approval to establish an SFB by its letter dated December 20, 2016. Pursuant to the Company being established as an SFB, the name of the Company was changed to `AU Small Finance Bank Limited' and a fresh certificate of incorporation was issued by the RoC on April 13, 2017. Major events and milestones The table sets forth some of the major events in the history of the Company: 1996 -Incorporated as a private limited company in Rajasthan with an authorised share capital of Rs 0.1 million. 2000 -Received certificate of registration under section 45 I A of RBI Act from the RBI to carry on the business of non-banking financial institution without accepting public deposits. 2005 -Became commercial associate of HDFC Bank for carrying on the business of financing commercial vehicles. 2006 -Expanded operations into Maharashtra. 2008 -Obtained investment of ? 200 million from India Business Excellence Fund and India Business Excellence Fund-1. 2009 -Forayed into Gujarat, the third state where the Company commenced its operations. 2010 -Received fresh certificate of registration under section 45 IA of RBI Act from the RBI pursuant to which RBI has classified the Company as a NBFC-ND-AFC. -Obtained investment of ? 350 million, ? 60 million and ? 140 million, from IFC, IBE Fund and IBE Fund -I, respectively. -Attained the status of "Systemically Important Non-Deposit Taking Asset Finance Company". 2011 -Set-up a subsidiary, AuHFL, to provide housing finance services. 2012 -Obtained investment of ? 1,500 million and ? 330.44 million from Redwood and IFC, respectively. -Received upgrade of credit rating from CRISIL BBB / Stable to CRISIL A / Stable for long term bank facilities by CRISIL Ratings -Set-up a subsidiary, Au Insurance Broking Services Private Limited, to provide insurance and broking services. 2015 -Received upgrade of credit rating to CARE A for long-term banking facilities by CARE Ratings. -Assigned a credit rating of Ind A / Stable for long term banking facilities and NCDs by India Ratings. -Received "in-principle" approval for forming an SFB from the RBI. 2016 -Received final approval for carrying on the business of SFB from the RBI. -Received a long term credit rating of BWRAA with Stable Outlook from Brickwork Ratings. -Received upgrade in long-term rating of CRISIL A/ Watch Positive by CRISIL Ratings. -Pursuant to RBI approval dated April 6, 2016, divested its shareholding in AuHFL which was the erstwhile subsidiary company. -Pursuant to RBI approval dated May 18, 2016, divested its entire shareholding in IML (2) -Pursuant to RBI approval dated September 6, 2016, divested 29.53% of the total shareholding of M Power Micro Finance Private Limited. -Divested its entire shareholding in Au Insurance Broking Services Private Limited ("AuIBSPL"), the erstwhile associate company. In this regard, the Company has received an in-principle approval dated December 6, 2016 from the IRDAI for change in shareholding pattern of AuIBSPL. 2017 -Commenced operations as an SFB and the same was notified via RBI press release dated April 19, 2017 -Received upgrade of credit rating outlook from Ind A / Stable to IND A / POSITIVE for long term banking facilities and NCDs by India Ratings Awards and Accreditations We have received the following awards and accreditations: 2011 -Shortlisted for the Financial Times International Finance Corporation-Sustainable Finance Awards in the "Achievement in the Financing at the Base of the Pyramid" category. 2012 -Awarded the "Best PE-backed Financial Service Company" by VCCircle. 2017 -Adjudged runner-up in Best Retail NBFC category by Outlook Money Awards, 2016. 2018 - AU BANK STARTS ITS SOCIAL CONNECT INITIATIVES WITH PAKHI - AU Bank receives Rajasthan Best Brand Awards 2018 - AU Bank organised Free yoga camps in more than 50 cities on International Yoga Day - AU Bank's humble gesture to convey gratitude to the Doctors on their special day - AU Small Finance Bank ties up with Aurionpro Solutions - CRISIL upgrades AU Small Fin Bank's rating to low credit risk 'AA-' -Au Small Finance Bank Has Entered Into Agreement With The New India Assurance Company Limited 2019 - Au Small Finance Bank - AU SMALL FINANCE BANK LIMITED ('The Bank') Enter Into Agreement With TATA AIG 2020 - AU Small Finance Bank starts operations in eastern India 2022 -AU Small Finance Bank issued of Bonus Shares in the ratio of 1:1. 2023 -AU Small Finance Bank Limited Enters Into Bancassurance Tie-Up With Max Life Insurance Company Limited. -AU Small Finance Bank Limited Enters Into Bancassurance Tie-Ups With Star Health And Allied Insurance. 2024 -AU Small Finance Bank Ltd. Enters Into Corporate Agency Agreement With Kotak Mahindra Life Insurance. -AU Small Finance Bank received Approval from the RBI for the Amalgamation of Fincare Small Finance Bank Limited into and with AUSFB with effect from April 01, 2024