Fincare small finance bank: AU Small Finance Bank and Fincare

AU Small Finance Bank and Fincare Small Finance Bank have completed their all-stock merger, creating a larger entity with a wider presence and customer base. The merger received RBI approval on March 4, 2024 and aims to deliver seamless and exceptional banking services to the customers. FINCARE SMALL FINANCE BANK LIMITED (CIN: U67120GJ1995PLC025373) is a Public company incorporated on 05 Dec 1995. It is classified as Non-government company and is registered at Registrar of Companies, Ahmedabad. Fincare Small Finance Bank is a digital-first bank dedicated to enhancing financial inclusion in India . It caters to underserved and unbanked communities by offering a diverse range of banking products, including savings and current accounts, fixed deposits, microloans, and insurance. AU Small Finance Bank and Fincare SFB merger effective April 1, 2024, marking the completion of the first M&A among Small Finance Banks AU SFB Balance Sheet to cross ~ ₹1.2 Lac Crores and set to become a true pan-India banking franchise with 1 Crore+ customers and 2,350+ physical touchpoints; 9 states to have more than 100 physical touchpoints