AU Small Finance Bank, the first to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, announced on Thursday that it will open 51 new branches across the country on August 15, 2025, to mark India’s 79th Independence Day.
The expansion includes 30 liability branches and 21 Microfinance & Inclusive Banking (MFIB) branches, strategically located in high-potential markets such as West Bengal, Gujarat, Telangana, Madhya Pradesh, Odisha, Rajasthan, and Tamil Nadu, the bank said in a statement.