AU Small Finance Bank Expands Services for SMEs and Service Enterprises

AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank, has transformed branches in key strategic locations into dedicated Business Banking Branches, including one at Parrys Corner, Chennai’s iconic wholesale trading hub. This initiative reinforces the Bank’s commitment to supporting SMEs and service-led enterprises with specialized and technology-enabled financial services.

Located in the commercial heart of North Chennai, Parrys Corner is renowned for its wholesale trade, hardware, logistics, and textile markets. The transformed branch brings AU SFB’s relationship-led and tech-enabled banking closer to the city’s thriving business ecosystem.

The Parrys Corner branch was inaugurated by Mr. P Arun Kumar (IIS), Director, Ministry of Information & Broadcasting, along with senior officials of AU SFB. Located in a commercial hub of North Chennai, Parrys Corner is renowned for its wholesale trade, hardware, logistics, and textile markets. The new branch delivers AU SFB’s high-touch banking services to one of South India’s most iconic business clusters.

This branch is designed to be a one-stop shop for comprehensive business banking services, enabling efficient and speedy financial management, including loans, credit lines, business accounts, trade services, payments and collections services, investment advice, payroll and vendor management services.

Mr. Uttam Tibrewal, Executive Director & Deputy CEO, AU Small Finance Bank, said: “With the launch of our Business Banking Branch at Parrys Corner, we are reinforcing our commitment to supporting India’s SME sector in key commercial hubs across the country. Parrys Corner has long been a vital trade and business centre in Chennai, and our presence here will enable local enterprises to access specialized financial solutions, supported by our relationship-driven approach and robust digital infrastructure. As we expand our footprint in South India, our goal remains to be a trusted banking partner in the growth journey of every business we serve."

With over 2,505 banking touchpoints across India, AU SFB continues to expand its presence in Tamil Nadu, offering inclusive, flexible, and business-centric banking solutions.