With the launch of this branch, AU Bank now has over 730 plus banking touch points in 15 states and 2 union territories
The partnership aims to offer customized, need and goal-based Life Insurance solution
The simple and intuitive user interface is designed to encourage adoption beyond urban markets and tech savvy customers
Further, the Rating Agency has reaffirmed Long term rating at ‘AA-/Stable’ and Short-term Rating at ‘A1+’
NPCI is an umbrella organization for operating retail payments and settlement systems in India
Post aforesaid sale the balance shareholding stands at 3,383 equity shares in AAVAS
Since the start of banking operations three and half years ago, AU has presently 710 touchpoints in 13 states and two UTs
This tie up shall be mutually beneficial for Care Health Insurance Company & AU Small Finance Bank in terms of business, market penetration and reach
Total income of the bank increased 26.51% at Rs 1498.15 crore for Q2FY21
The ‘AU Shopping Dhamaka’ was launched on September 21, 2020 and will go on till November 22, 2020
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