AU Small Finance Bank Shares Surge Over CCI Nod for Merger with Fincare SFB
AU Small Finance Bank’s shares jumped over 3% on Wednesday after the bank announced that the Competition Commission of India (CCI) approved the merger of...
Tag : AU Small Finance Bank
AU Small Finance Bank Shares Lower After Q4 Results
Shares of AU Small Finance Bank were down 3.5% in morning trade on April 26, even though it posted its highest quarterly profit of Rs...
AU Small Finance Bank Shares Soar 15% After RBI Agrees to Reappoint its MD, CEO
Shares of AU Small Finance Bank surged more than 15% in early trade on Thursday after the company’s current MD and CEO received regulatory approval...
AU SFB Q3 PAT Jumps to Rs 393 Crore
AU Small Finance Bank reported a 30% rise in net profit at Rs 1,153 crore in the October-December quarter of FY 2023 and a 41%...
RBI Revises Securitisation Norms
Securitisation is the conversion of assets, primarily loans, into securities, usually by selling them to other lenders to raise cash. Hence, in India, securitisation is...
AU Small Finance Bank Hikes Rates on Term Deposits and Savings Accounts
AU Small Finance Bank (SFB), India’s largest Small Finance Bank (SFB), has announced an increase in interest rates on term deposits and savings accounts from...
AU Bank Records 23% YoY Rise in Q2 PAT
In comparison between the second quarter of FY23 and the second quarter of FY22, AU Small Finance Bank reported a 23% rise in net profit...
AU Small Finance Banks Fail to Please D-Street as Share Prices Fall
AU Small Finance Bank‘s September quarter results failed to satisfy D-Street, with the Jaipur-based bank’s shares falling 3.5% on October 20. Credit Suisse said the...
AU Small Finance Bank Launches QIP, Looks to Raise Rs 2,000 Crore
Private sector lender AU Small Finance Bank (SFB) started its qualified institutional placement (QIP) on August 3 to raise Rs 2,000 crore and set a...
AU Small Finance Bank Q1 Net Growth Up 32% YoY to Rs 268 Crore, Down 23% QoQ
AU Small Finance Bank‘s net profit for the June quarter (Q1FY23) rose 32% year-on-year to Rs 268 crore on higher net interest income. The Jaipur-based...