Early Life and Education
Sanjay Agarwal's journey began in Ajmer, Rajasthan, India. He pursued his education, earning a bachelor's degree in commerce from Government College, Ajmer. He furthered his education by becoming a Chartered Accountant from the Institute of Chartered Accountants of India. Notably, he topped the CA exams and earned a gold medal.
Rise to Success
In 1995, after qualifying as a Chartered Accountant, Sanjay Agarwal embarked on his entrepreneurial journey. He identified a need for financial services in rural and semi-urban Rajasthan, and in 1996, he founded AU Financiers (India) Ltd. This venture focused on providing financing for income-generating assets, fostering partnerships with customers. In 2015, AU Financiers received a banking license from the Reserve Bank of India. The company was transformed into AU Small Finance Bank in 2017, with Sanjay Agarwal as Managing Director & CEO.
Key Business Strategies
AU Small Finance Bank has grown by focusing on financial inclusion, particularly in rural and underserved areas. The bank has expanded its reach across India, offering a range of financial products and services. Agarwal's strategic vision has included leveraging technology to improve banking accessibility and efficiency.
Philanthropy
While specific philanthropy amounts are not readily available, AU Small Finance Bank, under Agarwal's leadership, is committed to providing banking services to underserved communities, thereby contributing to financial inclusion.
