AU Small Finance Bank (AU SFB), India's largest Small Finance Bank, is the first SFB in India to receive an in-principle approval from the Reserve Bank of India to transition into a Universal Bank. Founded in 1996 by Mr. Sanjay Agarwal, a gold-medallist Chartered Accountant and first-generation entrepreneur, AU began as a vehicle finance company in Jaipur, Rajasthan, with a clear mission to make formal finance accessible to Indias underserved and unserved.