AU Small Finance Bank said it mobilised ₹2,950 crore through Green Fixed Deposits by March 2026, with funds deployed towards renewable energy, electric mobility and green building projects across India.
AU Small Finance Bank (AU SFB) has mobilised about ₹2,950 crore through its Green Fixed Deposit programme as of March 31, 2026, with the funds directed towards renewable energy, electric mobility and green building projects.
The bank shared the figures on World Environment Day while outlining its climate-related initiatives.
According to AU SFB, 24,520 Green Fixed Deposits have been raised so far. The bank said the entire amount has been deployed in eligible green assets, including solar power projects, electric vehicles and certified green buildings.
Renewable energy forms a major part of the bank's green asset portfolio. AU SFB said it has provided financing to businesses operating in solar, wind and other clean energy sectors. Its renewable energy lending portfolio spans Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab, Karnataka, Telangana and Haryana.
Sanjay Agarwal, Founder, Managing Director and Chief Executive Officer of AU Small Finance Bank, said banks can support the shift towards a low-carbon economy through financing and operational measures.
The bank said it is also reducing paper use and physical branch visits through digital banking services. These include video banking, digital onboarding, paperless account opening, automated loan processing and workflow digitisation.
AU SFB also highlighted environmental projects undertaken in local communities. These include afforestation, water conservation and ecosystem restoration programmes.
Among them is the restoration of Medavakkam Lake in Chennai, a project aimed at improving groundwater recharge and supporting biodiversity in the area.
AU Small Finance Bank began banking operations in 2017 after operating as a financial services company since 1996. The bank recently received in-principle approval from the Reserve Bank of India to transition into a universal bank.
As of March 31, 2026, AU SFB reported shareholders' funds of ₹19,974 crore, deposits of ₹1.53 lakh crore and a loan portfolio of ₹1.40 lakh crore. Its balance sheet stood at more than ₹1.9 lakh crore. The bank serves over 1.2 crore customers through 2,790 banking touchpoints across 21 states and four Union Territories.
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