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AU Financiers

Sector: Raw Materials • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

AU Financiers (India) Private Limited (AU or the Company) is a regional NBFC, operating in the low income state of Rajasthan. It primarily originates loans which are classified under priority sector and agriculture lending as per Reserve Bank of India (RBI) guidelines. These loans are primarily targeted at segments that find it challenging to access bank financing. AU originates vehicle loans, bus

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The project “AU Financiers” is an infrastructure initiative in the Raw Materials sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

AU Financiers (India) Private Limited (AU or the Company) is a regional NBFC, operating in the low income state of Rajasthan. It primarily originates loans which are classified under priority sector and agriculture lending as per Reserve Bank of India (RBI) guidelines. These loans are primarily targeted at segments that find it challenging to access bank financing. AU originates vehicle loans, business loans against property and small loans to customers mainly in semi-urban and rural areas. AU finances loans through a combination of channel financing, securitization, bank finance and through its own funds. AU plans to increase its presence in Rajasthan by reaching further into semi-urban and rural segments and by geographically expanding to other states. The Company will fund its growth and expansion through a mix of equity capital, bank loans and securitization assignments.

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Source reliability

High

Data quality score

100%

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