AU Small Fin. Bank
New to Zerodha? Sign-up for free.
New to Zerodha? Sign-up for free.
Get instant stock alerts
- Share Price
- Financials
- Revenue mix
- Shareholdings
- Peers
- Forensics
Share Price
Coming soon
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
Financials
-
Summary
-
Profit & Loss
-
Balance sheet
-
Cashflow
This data is currently unavailable for this company.
| (In Cr.) |
|---|
| (In Cr.) | ||||
|---|---|---|---|---|
|
This data is currently unavailable for this company. |
| (In %) |
|---|
| (In Cr.) |
|---|
| Financial Year (In Cr.) |
|---|
Revenue mix
-
Product wise
-
Location wise
Revenue Mix
This data is currently unavailable for this company.
Revenue Mix
This data is currently unavailable for this company.
Forensics
Recent events
-
News
-
Corporate Actions
AU Small Finance Bank received Reserve Bank of India approval for ICICI Prudential Asset Management Company, its mutual-fund schemes, managed AIFs and PMS clients to acquire an aggregate holding of up to 9.95% of the bank's paid-up share capital or voting rights. The approval was subject to banking, foreign-exchange, securities-market and other applicable regulations. AU reported FY26 total income of about ₹21,600 crore. Its deposits stood at ₹1,57,727 crore in the first quarter of FY27 after growing 24% year on year.
Powered by Tijori
AU Small Finance Bank received Reserve Bank of India approval for ICICI Prudential Asset Management Company, its mutual-fund schemes, managed AIFs and PMS clients to acquire an aggregate holding of up to 9.95% of the bank's paid-up share capital or voting rights. The approval was subject to banking, foreign-exchange, securities-market and other applicable regulations. AU reported FY26 total income of about ₹21,600 crore. Its deposits stood at ₹1,57,727 crore in the first quarter of FY27 after growing 24% year on year.
Powered by Tijori
Sept 9 (Reuters) - AU Small Finance Bank Limited AUFI.NS:
RBI APPROVES ICICI PRUDENTIAL AMC TO BUY UP TO 9.95% IN AU SMALL FINANCE BANK
Further company coverage: AUFI.NS
(([email protected];))
Sept 9 (Reuters) - AU Small Finance Bank Limited AUFI.NS:
RBI APPROVES ICICI PRUDENTIAL AMC TO BUY UP TO 9.95% IN AU SMALL FINANCE BANK
Further company coverage: AUFI.NS
(([email protected];))
July 16 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - APPOINTS AMOL PADHYE AS CHIEF RISK OFFICER DESIGNATE
AU SMALL FINANCE BANK - AMOL PADHYE TO TAKE CHARGE AS CRO EFFECTIVE SEPTEMBER 1, 2026
Source text: ID:nNSE2sLYPH
Further company coverage: AUFI.NS
(([email protected];))
July 16 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - APPOINTS AMOL PADHYE AS CHIEF RISK OFFICER DESIGNATE
AU SMALL FINANCE BANK - AMOL PADHYE TO TAKE CHARGE AS CRO EFFECTIVE SEPTEMBER 1, 2026
Source text: ID:nNSE2sLYPH
Further company coverage: AUFI.NS
(([email protected];))
Corrects paragraph 1 to say rates raised by as much as 300 bps, not as much as 350 bps; paragraph 4 to say HDFC hiked rates by 235-265 bps, not 300 bps
By Gopika Gopakumar
MUMBAI, June 10 (Reuters) - Some banks raised rates on foreign currency deposits for non-resident Indians by as much as 300 basis points on Wednesday, seeking to attract dollar inflows after the central bank eased regulatory restrictions last week.
The Reserve Bank of India will bear the full hedging cost for three- to five-year non-resident deposits, it said on Friday, as part of a broader set of measures to encourage overseas flows and stem weakness in the rupee.
The unit is Asia's second-worst-performing currency this year, down 6% so far, and had slipped to record lows in May.
HDFC Bank HDBK.NS, India's largest private sector lender, hiked rates by 235-265 basis points to 6% on three- to five-year deposits.
AU Small Finance Bank AUFI.NS increased rates by 195 bps, offering 7.1% on three-year deposits and 7% on five-year deposits.
Yes Bank YESB.NS has set the rate at 7% on three-year deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, according to a Bloomberg report on Wednesday. A Yes Bank spokesperson did not respond to Reuters' request for comment.
Other banks are expected to announce their new rates this week.
Lenders could raise as much as $35 billion to $40 billion via these foreign currency deposits until September this year, according to a Reuters report. The RBI said it is also open to banks providing guarantees to offshore lenders to lend to NRIs, who can place these borrowed funds as deposits.
The RBI had last launched a concessional forex swap facility for non-resident Indians in 2013 when the rupee had depreciated sharply due to the U.S. Federal Reserve's "taper tantrum". Under that scheme, HDFC Bank mobilised $3.4 billion, followed by ICICI Bank ICBK.NS, SBI SBI.NS and select foreign banks.
(Reporting by Gopika Gopakumar in Mumbai; Editing by Sonia Cheema)
(([email protected];))
Corrects paragraph 1 to say rates raised by as much as 300 bps, not as much as 350 bps; paragraph 4 to say HDFC hiked rates by 235-265 bps, not 300 bps
By Gopika Gopakumar
MUMBAI, June 10 (Reuters) - Some banks raised rates on foreign currency deposits for non-resident Indians by as much as 300 basis points on Wednesday, seeking to attract dollar inflows after the central bank eased regulatory restrictions last week.
The Reserve Bank of India will bear the full hedging cost for three- to five-year non-resident deposits, it said on Friday, as part of a broader set of measures to encourage overseas flows and stem weakness in the rupee.
The unit is Asia's second-worst-performing currency this year, down 6% so far, and had slipped to record lows in May.
HDFC Bank HDBK.NS, India's largest private sector lender, hiked rates by 235-265 basis points to 6% on three- to five-year deposits.
AU Small Finance Bank AUFI.NS increased rates by 195 bps, offering 7.1% on three-year deposits and 7% on five-year deposits.
Yes Bank YESB.NS has set the rate at 7% on three-year deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, according to a Bloomberg report on Wednesday. A Yes Bank spokesperson did not respond to Reuters' request for comment.
Other banks are expected to announce their new rates this week.
Lenders could raise as much as $35 billion to $40 billion via these foreign currency deposits until September this year, according to a Reuters report. The RBI said it is also open to banks providing guarantees to offshore lenders to lend to NRIs, who can place these borrowed funds as deposits.
The RBI had last launched a concessional forex swap facility for non-resident Indians in 2013 when the rupee had depreciated sharply due to the U.S. Federal Reserve's "taper tantrum". Under that scheme, HDFC Bank mobilised $3.4 billion, followed by ICICI Bank ICBK.NS, SBI SBI.NS and select foreign banks.
(Reporting by Gopika Gopakumar in Mumbai; Editing by Sonia Cheema)
(([email protected];))
May 7 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - RBI APPROVES KOTAK MAHINDRA BANK TO BUY UP TO 9.99% IN AU SFB
Source text: ID:nBSE2TJsq3
Further company coverage: AUFI.NS
(([email protected];))
May 7 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - RBI APPROVES KOTAK MAHINDRA BANK TO BUY UP TO 9.99% IN AU SFB
Source text: ID:nBSE2TJsq3
Further company coverage: AUFI.NS
(([email protected];))
April 20 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
TO CONSIDER RENEWAL OF FUND RAISING LIMITS VIA EQUITY ISSUANCE INCLUDING QIP
TO CONSIDER RENEWAL OF FUND RAISING LIMITS VIA DEBT INSTRUMENTS
Source text: ID:nBSE8kSWXQ
Further company coverage: AUFI.NS
(([email protected];;))
April 20 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
TO CONSIDER RENEWAL OF FUND RAISING LIMITS VIA EQUITY ISSUANCE INCLUDING QIP
TO CONSIDER RENEWAL OF FUND RAISING LIMITS VIA DEBT INSTRUMENTS
Source text: ID:nBSE8kSWXQ
Further company coverage: AUFI.NS
(([email protected];;))
Mid-sized lender's share price drops 20%
IDFC First Bank disclosed suspected fraud over the weekend
Analysts flag hit to 2025-26 profit after tax, raise governance concerns
Updates closing levels
Feb 23 (Reuters) - Shares of India's IDFC First Bank IDFB.NS slumped as much as 20% on Monday, after the private lender disclosed suspected fraud amounting to 5.9 billion rupees ($65 million) over the weekend, fueling concerns about the potential impact on its earnings.
The stock fell 16.13% to close at 70.04 rupees, a nearly five-month low, and led losses among banks .NSEBANK, which gained rose 0.15%. India's benchmark index .NSEI ended 0.55% higher.
IDFC First Bank, a mid-sized lender, has attracted investments from the likes of Warburg Pincus and Abu Dhabi Investment Authority last year. The Mumbai-based bank has a loan book of 2.79 trillion rupees ($30.8 billion) and deposits of 2.82 trillion rupees.
The private lender reported that the suspected fraudulent transactions were limited to government-linked accounts at a branch in Chandigarh city, where discrepancies surfaced after entities related to the northern state of Haryana sought to close accounts and the balances did not match records.
The issue came to light a month ago and the banking regulator, the Reserve Bank of India, is aware of the matter, IDFC First's management said in a conference call on Monday.
The RBI is watching developments at IDFC First Bank, governor Sanjay Malhotra said at a press conference following the central bank's board meeting. "There is no systemic issue with the bank," he said.
The bank has suspended four employees and appointed KPMG to conduct an independent forensic audit.
UBS estimates the suspected fraud amount at about 22% of IDFC First's fiscal year 2026 profit after tax, though it expects the capital impact to be limited to around 1% of the net worth. Morgan Stanley pegs the potential hit to profit before tax at roughly 20%.
Jefferies said the lender would need to reassure investors that the issue had not spread to other clients, and added that the matter did not appear to be systemic.
IDFC First Bank has said it could make recoveries, including from accounts at other banks.
The bank has insurance against employee dishonesty and can potentially recover 350 million rupees through that, the management said on the analyst call, according to a Jefferies note.
HIT TO GOVERNMENT BUSINESS
Analysts said the suspected fraud could impact the business of holding government cash balances, seen as lucrative due to the quantum of cash that moves through these accounts.
Following the disclosure of the suspected fraud, the government of Haryana removed IDFC First Bank and another lender, AU Small Finance Bank AUFI.NS, from the list of banks in which government accounts can be held, according to a notification from the state. The government notification did not share any information on why AU Small Finance Bank has been removed from the list.
AU Small Finance said Haryana had sought information on transactions in an account, which has been submitted.
"Based on available facts at this stage and preliminary review, there is no indication of any financial impact or any fraudulent activity towards the Bank," AU Small Finance Bank said in a statement to exchanges.
Shares of AU Small Finance Bank fell as much as 7.74% in their steepest percentage loss in more than a year. The stock closed down 5.4%.
"There will be greater scrutiny of government deposits in private sector banks," Macquarie analysts said in a note.
Total deposits from Haryana government form 0.5% of overall deposits for IDFC First and the impact is manageable, the bank's management told analysts, according to Jefferies.
($1 = 90.7640 Indian rupees)
India's IDFC First Bank tumbles 20%, steepest decline in about six years https://reut.rs/4b3U1F3
India's IDFC First Bank tumbles on suspected $65 million fraud https://reut.rs/4aFCUtj
(Reporting by Surbhi Misra and Kashish Tandon in Bengaluru; writing by Ira Dugal in Mumbai; Editing by Sumana Nandy, Ronojoy Mazumdar and Mrigank Dhaniwala)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Mid-sized lender's share price drops 20%
IDFC First Bank disclosed suspected fraud over the weekend
Analysts flag hit to 2025-26 profit after tax, raise governance concerns
Updates closing levels
Feb 23 (Reuters) - Shares of India's IDFC First Bank IDFB.NS slumped as much as 20% on Monday, after the private lender disclosed suspected fraud amounting to 5.9 billion rupees ($65 million) over the weekend, fueling concerns about the potential impact on its earnings.
The stock fell 16.13% to close at 70.04 rupees, a nearly five-month low, and led losses among banks .NSEBANK, which gained rose 0.15%. India's benchmark index .NSEI ended 0.55% higher.
IDFC First Bank, a mid-sized lender, has attracted investments from the likes of Warburg Pincus and Abu Dhabi Investment Authority last year. The Mumbai-based bank has a loan book of 2.79 trillion rupees ($30.8 billion) and deposits of 2.82 trillion rupees.
The private lender reported that the suspected fraudulent transactions were limited to government-linked accounts at a branch in Chandigarh city, where discrepancies surfaced after entities related to the northern state of Haryana sought to close accounts and the balances did not match records.
The issue came to light a month ago and the banking regulator, the Reserve Bank of India, is aware of the matter, IDFC First's management said in a conference call on Monday.
The RBI is watching developments at IDFC First Bank, governor Sanjay Malhotra said at a press conference following the central bank's board meeting. "There is no systemic issue with the bank," he said.
The bank has suspended four employees and appointed KPMG to conduct an independent forensic audit.
UBS estimates the suspected fraud amount at about 22% of IDFC First's fiscal year 2026 profit after tax, though it expects the capital impact to be limited to around 1% of the net worth. Morgan Stanley pegs the potential hit to profit before tax at roughly 20%.
Jefferies said the lender would need to reassure investors that the issue had not spread to other clients, and added that the matter did not appear to be systemic.
IDFC First Bank has said it could make recoveries, including from accounts at other banks.
The bank has insurance against employee dishonesty and can potentially recover 350 million rupees through that, the management said on the analyst call, according to a Jefferies note.
HIT TO GOVERNMENT BUSINESS
Analysts said the suspected fraud could impact the business of holding government cash balances, seen as lucrative due to the quantum of cash that moves through these accounts.
Following the disclosure of the suspected fraud, the government of Haryana removed IDFC First Bank and another lender, AU Small Finance Bank AUFI.NS, from the list of banks in which government accounts can be held, according to a notification from the state. The government notification did not share any information on why AU Small Finance Bank has been removed from the list.
AU Small Finance said Haryana had sought information on transactions in an account, which has been submitted.
"Based on available facts at this stage and preliminary review, there is no indication of any financial impact or any fraudulent activity towards the Bank," AU Small Finance Bank said in a statement to exchanges.
Shares of AU Small Finance Bank fell as much as 7.74% in their steepest percentage loss in more than a year. The stock closed down 5.4%.
"There will be greater scrutiny of government deposits in private sector banks," Macquarie analysts said in a note.
Total deposits from Haryana government form 0.5% of overall deposits for IDFC First and the impact is manageable, the bank's management told analysts, according to Jefferies.
($1 = 90.7640 Indian rupees)
India's IDFC First Bank tumbles 20%, steepest decline in about six years https://reut.rs/4b3U1F3
India's IDFC First Bank tumbles on suspected $65 million fraud https://reut.rs/4aFCUtj
(Reporting by Surbhi Misra and Kashish Tandon in Bengaluru; writing by Ira Dugal in Mumbai; Editing by Sumana Nandy, Ronojoy Mazumdar and Mrigank Dhaniwala)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Feb 12 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - RBI APPROVES REAPPOINTMENT OF SANJAY AGARWAL AS MD & CEO
AU SMALL FINANCE BANK LTD - SANJAY AGARWAL REAPPOINTED AS MD & CEO FOR 3 YEARS
Source text: ID:nBSEb8s2Dn
Further company coverage: AUFI.NS
(([email protected];;))
Feb 12 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - RBI APPROVES REAPPOINTMENT OF SANJAY AGARWAL AS MD & CEO
AU SMALL FINANCE BANK LTD - SANJAY AGARWAL REAPPOINTED AS MD & CEO FOR 3 YEARS
Source text: ID:nBSEb8s2Dn
Further company coverage: AUFI.NS
(([email protected];;))
Jan 20 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
Q3 NIM AT 5.7%
Source text: ID:nNSE2hBhT7
Further company coverage: AUFI.NS
(([email protected];;))
Jan 20 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
Q3 NIM AT 5.7%
Source text: ID:nNSE2hBhT7
Further company coverage: AUFI.NS
(([email protected];;))
Adds Kotak Mahindra Bank's loan growth number in paragraph 10, shares as of close in paragraph 6; changes media packaging code
Credit growth improves at Indian banks in the December quarter
Loans accelerate 12% at HDFC Bank, 16% at Kotak Bank Y/Y
Deposit growth lagging, loan-to-deposit ratio at peak, Macquarie says
Jan 5 (Reuters) - Indian lenders such as HDFC Bank HDBK.NS, Kotak Mahindra Bank KTKM.NS and Bank of Baroda BOB.NS logged improved loan growth in the December quarter, data showed, signalling a rebound in credit demand in the world's fastest-growing major economy.
Overall loan growth had slowed sharply in mid-2025 due in part to stricter regulations, but recovered strongly since, with analysts citing festive period spending and the government's consumption tax cuts among factors pushing up growth.
Growth in bank credit decelerated to 9.9% year-on-year in the quarter ended June, data from central bank reports showed, from 11.1% in the quarter ended March. It grew 11.5% in November, the latest monthly data available showed.
"Overall systemic credit growth is showing signs of improvement, at 11.4% year-on-year now from a low of about 9% in May 2025," said brokerage Emkay in a note.
Within retail credit, secured gold loans and vehicle financing are emerging as key growth engines for now, Emkay added.
Since October, the Nifty Bank index .NSEBANK gained more than 10%, while the broader benchmark Nifty 50 .NSEI rose 7%. On Monday, the banking sub-index gave up initial gains to close 0.2% lower, against a 0.3% drop in Nifty 50.
Gross loans at HDFC Bank, India's top private lender, rose 11.9% in the December quarter, outpacing growth of 9.9% and 6.7% in quarters ended September and June, respectively.
The bank merged with its parent HDFC in July 2023, adding a significant pool of loans but a smaller volume of deposits. This created pressure for the lender to either raise deposits or ease loan growth.
Kotak Mahindra Bank reported a 16% rise in net advances for the quarter ended December 31 - its fastest growth so far in the current financial year. State-run Bank of Baroda's loan growth also rose, with global advances rising 14.6% as of December-end, up from 11.9% at the end of September and 12.6% at June-end.
Smaller peers CSB Bank CSBB.NS reported a 29% increase in gross advances in the quarter, while AU Small Finance Bank's AUFI.NS loans were up 24% in the same period.
Other marquee names such as ICICI Bank ICBK.NS, Axis Bank AXBK.NS and State Bank of India SBI.NS are yet to report numbers.
"Loan growth and deposit growth gap is widening again... and loan-to-deposit ratio at 81.6% is now at an all-time high," said Macquarie Research.
A persistent gap can inhibit banks' ability to cut deposit rates, the brokerage said.
($1 = 89.9940 Indian rupees)
India's Nifty Bank index's recent outperformance against Nifty 50 https://reut.rs/4pqFp6S
(Reporting by Hritam Mukherjee, Meenakshi Maidas and Nishit Navin; Editing by Sherry Jacob-Phillips, Janane Venkatraman and Harikrishnan Nair)
(([email protected];))
Adds Kotak Mahindra Bank's loan growth number in paragraph 10, shares as of close in paragraph 6; changes media packaging code
Credit growth improves at Indian banks in the December quarter
Loans accelerate 12% at HDFC Bank, 16% at Kotak Bank Y/Y
Deposit growth lagging, loan-to-deposit ratio at peak, Macquarie says
Jan 5 (Reuters) - Indian lenders such as HDFC Bank HDBK.NS, Kotak Mahindra Bank KTKM.NS and Bank of Baroda BOB.NS logged improved loan growth in the December quarter, data showed, signalling a rebound in credit demand in the world's fastest-growing major economy.
Overall loan growth had slowed sharply in mid-2025 due in part to stricter regulations, but recovered strongly since, with analysts citing festive period spending and the government's consumption tax cuts among factors pushing up growth.
Growth in bank credit decelerated to 9.9% year-on-year in the quarter ended June, data from central bank reports showed, from 11.1% in the quarter ended March. It grew 11.5% in November, the latest monthly data available showed.
"Overall systemic credit growth is showing signs of improvement, at 11.4% year-on-year now from a low of about 9% in May 2025," said brokerage Emkay in a note.
Within retail credit, secured gold loans and vehicle financing are emerging as key growth engines for now, Emkay added.
Since October, the Nifty Bank index .NSEBANK gained more than 10%, while the broader benchmark Nifty 50 .NSEI rose 7%. On Monday, the banking sub-index gave up initial gains to close 0.2% lower, against a 0.3% drop in Nifty 50.
Gross loans at HDFC Bank, India's top private lender, rose 11.9% in the December quarter, outpacing growth of 9.9% and 6.7% in quarters ended September and June, respectively.
The bank merged with its parent HDFC in July 2023, adding a significant pool of loans but a smaller volume of deposits. This created pressure for the lender to either raise deposits or ease loan growth.
Kotak Mahindra Bank reported a 16% rise in net advances for the quarter ended December 31 - its fastest growth so far in the current financial year. State-run Bank of Baroda's loan growth also rose, with global advances rising 14.6% as of December-end, up from 11.9% at the end of September and 12.6% at June-end.
Smaller peers CSB Bank CSBB.NS reported a 29% increase in gross advances in the quarter, while AU Small Finance Bank's AUFI.NS loans were up 24% in the same period.
Other marquee names such as ICICI Bank ICBK.NS, Axis Bank AXBK.NS and State Bank of India SBI.NS are yet to report numbers.
"Loan growth and deposit growth gap is widening again... and loan-to-deposit ratio at 81.6% is now at an all-time high," said Macquarie Research.
A persistent gap can inhibit banks' ability to cut deposit rates, the brokerage said.
($1 = 89.9940 Indian rupees)
India's Nifty Bank index's recent outperformance against Nifty 50 https://reut.rs/4pqFp6S
(Reporting by Hritam Mukherjee, Meenakshi Maidas and Nishit Navin; Editing by Sherry Jacob-Phillips, Janane Venkatraman and Harikrishnan Nair)
(([email protected];))
Sept 26 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - ANNOUNCES DEMISE OF CFO VIMAL JAIN
AU SMALL FINANCE BANK LTD - GAURAV JAIN APPOINTED INTERIM CFO OF AU SMALL FINANCE BANK
Source text: ID:nNSE9ycwkX
Further company coverage: AUFI.NS
(([email protected];))
Sept 26 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - ANNOUNCES DEMISE OF CFO VIMAL JAIN
AU SMALL FINANCE BANK LTD - GAURAV JAIN APPOINTED INTERIM CFO OF AU SMALL FINANCE BANK
Source text: ID:nNSE9ycwkX
Further company coverage: AUFI.NS
(([email protected];))
Sept 22 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
ENTERED INTO AGREEMENT WITH AU SMALL FINANCE BANK
Further company coverage: AUFI.NS
(([email protected];;))
Sept 22 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
ENTERED INTO AGREEMENT WITH AU SMALL FINANCE BANK
Further company coverage: AUFI.NS
(([email protected];;))
Adds detail all through
Aug 7 (Reuters) - India's AU Small Finance Bank AUFI.NS, on Thursday, got the banking regulator's 'in-principle' approval to transition into a universal bank, making it the first full-fledged banking licence issued in nearly a decade.
AU Small Finance Bank applied for the licence in September 2024, which would allow it to expand its operations, in terms of issuing bigger loans, taking on more customers and making subsidiaries, all of which are limited for small finance banks.
The Reserve Bank of India, also the country's banking regulator, first issued guidelines for small finance banks to transition into full-fledged banks in 2014 and then updated those guidelines with more detailed criteria in April last year.
These included a five-year track record of satisfactory performance, a net worth of 10 billion rupees ($114 million), meeting capital requirements, recent profitability and limited non-performing assets.
The last such license issued by the RBI was in 2015 to Kolkata-based Bandhan Bank, which was a microfinance firm then.
For the quarter ended June 30, AU Small Finance Bank reported a 16% year-on-year jump in net profit to 5.81 billion rupees, while its gross bad loans as a percentage of total loans stood at 2.47% compared to 1.78% a year earlier.
(Reporting by Ashwin Manikandan and Nishit Navin; Editing by Shailesh Kuber and Savio D'Souza)
(([email protected];))
Adds detail all through
Aug 7 (Reuters) - India's AU Small Finance Bank AUFI.NS, on Thursday, got the banking regulator's 'in-principle' approval to transition into a universal bank, making it the first full-fledged banking licence issued in nearly a decade.
AU Small Finance Bank applied for the licence in September 2024, which would allow it to expand its operations, in terms of issuing bigger loans, taking on more customers and making subsidiaries, all of which are limited for small finance banks.
The Reserve Bank of India, also the country's banking regulator, first issued guidelines for small finance banks to transition into full-fledged banks in 2014 and then updated those guidelines with more detailed criteria in April last year.
These included a five-year track record of satisfactory performance, a net worth of 10 billion rupees ($114 million), meeting capital requirements, recent profitability and limited non-performing assets.
The last such license issued by the RBI was in 2015 to Kolkata-based Bandhan Bank, which was a microfinance firm then.
For the quarter ended June 30, AU Small Finance Bank reported a 16% year-on-year jump in net profit to 5.81 billion rupees, while its gross bad loans as a percentage of total loans stood at 2.47% compared to 1.78% a year earlier.
(Reporting by Ashwin Manikandan and Nishit Navin; Editing by Shailesh Kuber and Savio D'Souza)
(([email protected];))
MUMBAI, July 28 (Reuters) - India's Equitas Small Finance Bank EQUI.NS plans to raise 5 billion rupees ($57.85 million), including a greenshoe option of 2.5 billion rupees, through the sale of bonds maturing in five years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Wednesday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 28:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Equitas Small Finance Bank | 5 years | To be decided | 2.5+2.5 | July 30 | AA- (Care) |
SBI Cards and Payment Services | 3 years | To be decided | 20 | July 29 | AAA (Crisil) |
IIFCL | 5 years | To be decided | 5+18.40 | July 29 | AAA (Care, India Ratings) |
Godrej Finance | 3 years and 2 months | To be decided | 5 | July 28 | AA+ (Crisil, Care) |
Godrej Finance | 5 years | To be decided | 5 | July 28 | AA+ (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 86.4320 Indian rupees)
(Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Sonia Cheema)
MUMBAI, July 28 (Reuters) - India's Equitas Small Finance Bank EQUI.NS plans to raise 5 billion rupees ($57.85 million), including a greenshoe option of 2.5 billion rupees, through the sale of bonds maturing in five years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Wednesday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 28:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Equitas Small Finance Bank | 5 years | To be decided | 2.5+2.5 | July 30 | AA- (Care) |
SBI Cards and Payment Services | 3 years | To be decided | 20 | July 29 | AAA (Crisil) |
IIFCL | 5 years | To be decided | 5+18.40 | July 29 | AAA (Care, India Ratings) |
Godrej Finance | 3 years and 2 months | To be decided | 5 | July 28 | AA+ (Crisil, Care) |
Godrej Finance | 5 years | To be decided | 5 | July 28 | AA+ (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 86.4320 Indian rupees)
(Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Sonia Cheema)
June 30 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
ENTERED INTO STRATEGIC PARTNERSHIP WITH LIFE INSURANCE CORPORATION OF INDIA
CO WILL DISTRIBUTE LIC'S PORTFOLIO OF LIFE INSURANCE SOLUTIONS
Source text: ID:nBSEnpXr8
Further company coverage: AUFI.NSLIFI.NS
(([email protected];))
June 30 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
ENTERED INTO STRATEGIC PARTNERSHIP WITH LIFE INSURANCE CORPORATION OF INDIA
CO WILL DISTRIBUTE LIC'S PORTFOLIO OF LIFE INSURANCE SOLUTIONS
Source text: ID:nBSEnpXr8
Further company coverage: AUFI.NSLIFI.NS
(([email protected];))
June 25 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - TO CONSIDER ANNUAL FUND RAISING PLAN
Source text: ID:nBSEbZqzHH
Further company coverage: AUFI.NS
(([email protected];;))
June 25 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - TO CONSIDER ANNUAL FUND RAISING PLAN
Source text: ID:nBSEbZqzHH
Further company coverage: AUFI.NS
(([email protected];;))
April 22 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK MARCH-QUARTER NET PROFIT 5.04 BILLION RUPEES
AU SMALL FINANCE BANK MARCH-QUARTER INTEREST EARNED 42.71 BILLION RUPEES
AU SMALL FINANCE BANK Q4 GROSS NPA 2.28%
AU SMALL FINANCE BANK Q4 NET NPA 0.74%
Source text: ID:nBSE8ts9bs
Further company coverage: AUFI.NS
(([email protected];;))
April 22 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK MARCH-QUARTER NET PROFIT 5.04 BILLION RUPEES
AU SMALL FINANCE BANK MARCH-QUARTER INTEREST EARNED 42.71 BILLION RUPEES
AU SMALL FINANCE BANK Q4 GROSS NPA 2.28%
AU SMALL FINANCE BANK Q4 NET NPA 0.74%
Source text: ID:nBSE8ts9bs
Further company coverage: AUFI.NS
(([email protected];;))
March 28 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - RAISES 7.70 BILLION RUPEES CAPITAL VIA TIER-II BOND ISSUANCE
Source text: [ID:]
Further company coverage: AUFI.NS
(([email protected];))
March 28 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - RAISES 7.70 BILLION RUPEES CAPITAL VIA TIER-II BOND ISSUANCE
Source text: [ID:]
Further company coverage: AUFI.NS
(([email protected];))
MUMBAI, March 26 (Reuters) - India's AU Small Finance Bank AUFI.NS plans to raise 8 billion rupees ($93.34 million), including a greenshoe option of 4 billion rupees, through the sale of Tier II bonds maturing in 10 years, three bankers said on Wednesday.
The lender will pay an annual coupon of 9.20% on this issue and has invited commitment bids from bankers and investors on Thursday, they said.
The issue will have a call option at end of five years.
The bank did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on March 26:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
AU Small Finance Bank | 10 years | 9.20 | 4+4 | March 27 | AA (Icra, Care) |
Axis Finance | 5 years | 7.97 | 5.35 | March 26 | AAA (India Ratings) |
IIFCL | 7 years | 7.28 | 10 | March 26 | AAA (Care, India Ratings) |
IRFC | 10 years | 7.17 | 30 | March 26 | AAA (Crisil, Icra, Care) |
HDB Financial | 2 years | To be decided | 2+2 | March 27 | AAA (Crisil, Care) |
HDB Financial | 2 years and 8 months | To be decided | 1+4 | March 27 | AAA (Crisil, Care) |
NaBFID | 10 years | To be decided | 10+20 | March 27 | AAA (Crisil, Icra) |
IndiGrid Infra Trust | 3-year and 6 months | To be decided | 5 | March 26 | AAA (Icra, Crisil) |
IndiGrid Infra Trust | 22 years | To be decided | 0.7 | March 26 | AAA (Icra, Crisil) |
IndiGrid Infra Trust | 22 years | To be decided | 6.3 | March 26 | AAA (Icra, Crisil) |
Cholamandalam Investment | 2 years | 8.19 | 11.75 | March 25 | AA+ (Icra, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 85.7050 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)
MUMBAI, March 26 (Reuters) - India's AU Small Finance Bank AUFI.NS plans to raise 8 billion rupees ($93.34 million), including a greenshoe option of 4 billion rupees, through the sale of Tier II bonds maturing in 10 years, three bankers said on Wednesday.
The lender will pay an annual coupon of 9.20% on this issue and has invited commitment bids from bankers and investors on Thursday, they said.
The issue will have a call option at end of five years.
The bank did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on March 26:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
AU Small Finance Bank | 10 years | 9.20 | 4+4 | March 27 | AA (Icra, Care) |
Axis Finance | 5 years | 7.97 | 5.35 | March 26 | AAA (India Ratings) |
IIFCL | 7 years | 7.28 | 10 | March 26 | AAA (Care, India Ratings) |
IRFC | 10 years | 7.17 | 30 | March 26 | AAA (Crisil, Icra, Care) |
HDB Financial | 2 years | To be decided | 2+2 | March 27 | AAA (Crisil, Care) |
HDB Financial | 2 years and 8 months | To be decided | 1+4 | March 27 | AAA (Crisil, Care) |
NaBFID | 10 years | To be decided | 10+20 | March 27 | AAA (Crisil, Icra) |
IndiGrid Infra Trust | 3-year and 6 months | To be decided | 5 | March 26 | AAA (Icra, Crisil) |
IndiGrid Infra Trust | 22 years | To be decided | 0.7 | March 26 | AAA (Icra, Crisil) |
IndiGrid Infra Trust | 22 years | To be decided | 6.3 | March 26 | AAA (Icra, Crisil) |
Cholamandalam Investment | 2 years | 8.19 | 11.75 | March 25 | AA+ (Icra, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 85.7050 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)
March 7 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
TO ISSUE BONDS WORTH 15 BILLION RUPEES
Source text: ID:nBSE9nRyVV
Further company coverage: AUFI.NS
(([email protected];;))
March 7 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
TO ISSUE BONDS WORTH 15 BILLION RUPEES
Source text: ID:nBSE9nRyVV
Further company coverage: AUFI.NS
(([email protected];;))
Corrects to Thursday from Wednesday in first paragraph
Feb 27 (Reuters) - Shares of most Indian financial companies, especially those of non-bank and microfinance-focussed lenders, jumped on Thursday after the central bank further eased its capital requirements for micro loans and bank credit.
Financial stocks .NIFTYFIN, which include non-bank finance companies (NBFCs), jumped about 1%, outpacing the 0.7% increase in banking stocks .NSEBANK. The benchmark Nifty 50 .NSEI, in comparison, was flat.
The Reserve Bank of India, on Tuesday, trimmed the higher capital requirements introduced in November, the latest in a series of growth-supportive measures since Sanjay Malhotra took over as governor in December.
Under his watch, the RBI has eased liquidity, delayed some regulations and loosened restrictions placed on some lenders.
"We think this bodes well for the financial sector and lays more emphasis on consumption and growth ... and (we) reiterate our bullish view," Macquarie analyst Suresh Ganapathy said in a note.
On the day, Bandhan Bank BANH.NS gained 6%, while Shriram Finance SHMF.NS, AU Small Finance Bank AUFI.NS and Ujjivan Small Finance Bank UJJI.NS rose about 5% each.
Cholamandalam Investment and Finance CHLA.NS and Aditya Birla Capital ADTB.NS advanced 4.5% each. Bajaj Finance BJFN.NS rose 2.7% and IndusInd Bank INBK.NS gained 2%.
In comparison, top private lenders such as ICICI Bank ICBK.NS and HDFC Bank HDBK.NS were up under 1%.
The RBI's move should help most NBFCs' earnings, Morgan Stanley analysts said, picking Aditya Birla Capital, PNB Housing, Shriram Finance and Bajaj Finance as top beneficiaries.
Nomura analysts said banks with higher microfinance loan exposure, such as Bandhan Bank, IndusInd and AU Small Finance Bank, would also get much needed relief.
Since the rules were implemented in November, Aditya Birla Capital's shares had slid 16%, while AU Small Finance Bank and IndusInd Bank sank 28% and 31%, respectively. The worst hit, with a 38% tumble, was Bandhan Bank -- the day's top gainer.
However, Axis Bank Chief Economist Neelkanth Mishra cautioned that a reversal in the broad-based slide in loan growth -- caused by high liquidity costs and the RBI's discomfort with high loan-to-deposit ratios -- could take time.
"While these (RBI) signals should help revive lending, we believe the binding constraint remains durable liquidity."
(Reporting by Sethuraman NR; Editing by Savio D'Souza)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Corrects to Thursday from Wednesday in first paragraph
Feb 27 (Reuters) - Shares of most Indian financial companies, especially those of non-bank and microfinance-focussed lenders, jumped on Thursday after the central bank further eased its capital requirements for micro loans and bank credit.
Financial stocks .NIFTYFIN, which include non-bank finance companies (NBFCs), jumped about 1%, outpacing the 0.7% increase in banking stocks .NSEBANK. The benchmark Nifty 50 .NSEI, in comparison, was flat.
The Reserve Bank of India, on Tuesday, trimmed the higher capital requirements introduced in November, the latest in a series of growth-supportive measures since Sanjay Malhotra took over as governor in December.
Under his watch, the RBI has eased liquidity, delayed some regulations and loosened restrictions placed on some lenders.
"We think this bodes well for the financial sector and lays more emphasis on consumption and growth ... and (we) reiterate our bullish view," Macquarie analyst Suresh Ganapathy said in a note.
On the day, Bandhan Bank BANH.NS gained 6%, while Shriram Finance SHMF.NS, AU Small Finance Bank AUFI.NS and Ujjivan Small Finance Bank UJJI.NS rose about 5% each.
Cholamandalam Investment and Finance CHLA.NS and Aditya Birla Capital ADTB.NS advanced 4.5% each. Bajaj Finance BJFN.NS rose 2.7% and IndusInd Bank INBK.NS gained 2%.
In comparison, top private lenders such as ICICI Bank ICBK.NS and HDFC Bank HDBK.NS were up under 1%.
The RBI's move should help most NBFCs' earnings, Morgan Stanley analysts said, picking Aditya Birla Capital, PNB Housing, Shriram Finance and Bajaj Finance as top beneficiaries.
Nomura analysts said banks with higher microfinance loan exposure, such as Bandhan Bank, IndusInd and AU Small Finance Bank, would also get much needed relief.
Since the rules were implemented in November, Aditya Birla Capital's shares had slid 16%, while AU Small Finance Bank and IndusInd Bank sank 28% and 31%, respectively. The worst hit, with a 38% tumble, was Bandhan Bank -- the day's top gainer.
However, Axis Bank Chief Economist Neelkanth Mishra cautioned that a reversal in the broad-based slide in loan growth -- caused by high liquidity costs and the RBI's discomfort with high loan-to-deposit ratios -- could take time.
"While these (RBI) signals should help revive lending, we believe the binding constraint remains durable liquidity."
(Reporting by Sethuraman NR; Editing by Savio D'Souza)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Feb 13 (Reuters) - The Reserve Bank of India has given its approval to a Temasek unit to raise its stake in AU Small Finance Bank AUFI.NS to up to 7%, the lender said on Thursday.
Zulia Investments, a unit of Singapore's state-owned investment firm Temasek, had a 1.37% stake in the lender as of December-end, exchange data showed.
The Indian bank did not disclose any financial details on the deal.
AU Small Finance said it has received a letter from Zulia saying that the Reserve Bank of India approved the stake increase on the condition that the transaction takes place by February 12, 2026.
The deal could make Zulia the biggest foreign portfolio investor in the lender.
Shares of AU Small Finance Bank were flat on Thursday.
(Reporting by Hritam Mukherjee and Yagnoseni Das in Bengaluru; Editing by Sonia Cheema)
(([email protected]; X: @MukherjeeHritam;))
Feb 13 (Reuters) - The Reserve Bank of India has given its approval to a Temasek unit to raise its stake in AU Small Finance Bank AUFI.NS to up to 7%, the lender said on Thursday.
Zulia Investments, a unit of Singapore's state-owned investment firm Temasek, had a 1.37% stake in the lender as of December-end, exchange data showed.
The Indian bank did not disclose any financial details on the deal.
AU Small Finance said it has received a letter from Zulia saying that the Reserve Bank of India approved the stake increase on the condition that the transaction takes place by February 12, 2026.
The deal could make Zulia the biggest foreign portfolio investor in the lender.
Shares of AU Small Finance Bank were flat on Thursday.
(Reporting by Hritam Mukherjee and Yagnoseni Das in Bengaluru; Editing by Sonia Cheema)
(([email protected]; X: @MukherjeeHritam;))
Jan 24 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
Q3 NET PROFIT 5.28 BILLION RUPEES
Q3 GROSS NPA 2.31%
Q3 INTEREST EARNED 41.13 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 5.02 BILLION RUPEES
Source text: [ID:]
Further company coverage: AUFI.NS
(([email protected];;))
Jan 24 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
Q3 NET PROFIT 5.28 BILLION RUPEES
Q3 GROSS NPA 2.31%
Q3 INTEREST EARNED 41.13 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 5.02 BILLION RUPEES
Source text: [ID:]
Further company coverage: AUFI.NS
(([email protected];;))
Dec 19 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - RBI APPROVED RE-APPOINTMENT OF HARUN RASID KHAN AS PART-TIME CHAIRMAN
Source text: ID:nBSE8xZCvq
Further company coverage: AUFI.NS
(([email protected];))
Dec 19 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - RBI APPROVED RE-APPOINTMENT OF HARUN RASID KHAN AS PART-TIME CHAIRMAN
Source text: ID:nBSE8xZCvq
Further company coverage: AUFI.NS
(([email protected];))
Nov 28 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - PARTNERS WITH BHARTI AXA LIFE INSURANCE
Source text: ID:nBSE8lrdlg
Further company coverage: AUFI.NS
(([email protected];;))
Nov 28 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK LTD - PARTNERS WITH BHARTI AXA LIFE INSURANCE
Source text: ID:nBSE8lrdlg
Further company coverage: AUFI.NS
(([email protected];;))
Nov 8 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - PENALTY OF 10,000 RUPEES IMPOSED ON BANK BY AHMEDABAD OFFICE OF RBI
AU SMALL FINANCE BANK LTD - PENALTY IMPOSED ON ACCOUNT OF "CASH-OUT" IN ONE OF BANK'S ATM
Source text: ID:nNSE18l5SG
Further company coverage: AUFI.NS
(([email protected];))
Nov 8 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - PENALTY OF 10,000 RUPEES IMPOSED ON BANK BY AHMEDABAD OFFICE OF RBI
AU SMALL FINANCE BANK LTD - PENALTY IMPOSED ON ACCOUNT OF "CASH-OUT" IN ONE OF BANK'S ATM
Source text: ID:nNSE18l5SG
Further company coverage: AUFI.NS
(([email protected];))
Oct 23 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK Q2 NET PROFIT 5.71 BILLION RUPEES
AU SMALL FINANCE BANK Q2 GROSS NPA 1.98%
AU SMALL FINANCE BANK Q2 INTEREST EARNED 39.11 BILLION RUPEES
AU SMALL FINANCE BANK Q2 NET NPA 0.75%
AU SMALL FINANCE BANK Q2 PROVISIONS & CONTINGENCIES 3.73 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: AUFI.NS
(([email protected];))
Oct 23 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK Q2 NET PROFIT 5.71 BILLION RUPEES
AU SMALL FINANCE BANK Q2 GROSS NPA 1.98%
AU SMALL FINANCE BANK Q2 INTEREST EARNED 39.11 BILLION RUPEES
AU SMALL FINANCE BANK Q2 NET NPA 0.75%
AU SMALL FINANCE BANK Q2 PROVISIONS & CONTINGENCIES 3.73 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: AUFI.NS
(([email protected];))
Oct 4 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
TOTAL DEPOSITS UP 12.7% Q/Q AS OF SEP 30
GROSS ADVANCES AS OF SEPT 30 UP 5.9% Q/Q
Further company coverage: AUFI.NS
(([email protected];;))
Oct 4 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
TOTAL DEPOSITS UP 12.7% Q/Q AS OF SEP 30
GROSS ADVANCES AS OF SEPT 30 UP 5.9% Q/Q
Further company coverage: AUFI.NS
(([email protected];;))
Sept 19 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
ENTERS INTO STRATEGIC PARTNERSHIP WITH NIVA BUPA HEALTH INSURANCE CO
Source text for Eikon: ID:nBSE9kMPsm
Further company coverage: AUFI.NS
(([email protected];;))
Sept 19 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
ENTERS INTO STRATEGIC PARTNERSHIP WITH NIVA BUPA HEALTH INSURANCE CO
Source text for Eikon: ID:nBSE9kMPsm
Further company coverage: AUFI.NS
(([email protected];;))
Sept 9 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - ENTERS INTO CORPORATE AGENCY AGREEMENT WITH KOTAK MAHINDRA LIFE INSURANCE
Source text for Eikon: ID:nBSE9NkQrv
Further company coverage: AUFI.NS
(([email protected];;))
Sept 9 (Reuters) - AU Small Finance Bank Ltd AUFI.NS:
AU SMALL FINANCE BANK - ENTERS INTO CORPORATE AGENCY AGREEMENT WITH KOTAK MAHINDRA LIFE INSURANCE
Source text for Eikon: ID:nBSE9NkQrv
Further company coverage: AUFI.NS
(([email protected];;))
More Mid Cap Ideas
See similar 'Mid' cap companies with recent activity
Promoter Buying
Companies where the promoters are bullish
Capex
Companies investing on expansion
Superstar Investor
Companies where well known investors have invested
Popular questions
- Business
- Financials
- Share Price
- Shareholdings
What does AU Small Fin. Bank do?
AU Small Finance Bank Limited, previously a Non-Banking Financial Company (NBFC), now operates as a Small Finance Bank (SFB) providing diversified banking products and services such as vehicle finance, MSME and SME loans, gold loans, and more.
Who are the competitors of AU Small Fin. Bank?
AU Small Fin. Bank major competitors are Indusind Bank, Yes Bank, IDFC First Bank, Federal Bank, RBL Bank, Karur Vysya Bank, Bandhan Bank. Market Cap of AU Small Fin. Bank is ₹77,757 Crs. While the median market cap of its peers are ₹73,289 Crs.
Is AU Small Fin. Bank financially stable compared to its competitors?
AU Small Fin. Bank seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does AU Small Fin. Bank pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. AU Small Fin. Bank latest dividend payout ratio is 2.83% and 3yr average dividend payout ratio is 3.58%
How has AU Small Fin. Bank allocated its funds?
Company has been allocating majority of new resources to productive uses like advances.
How strong is AU Small Fin. Bank balance sheet?
Latest balance sheet of AU Small Fin. Bank is strong. Strength was visible historically as well.
Is the profitablity of AU Small Fin. Bank improving?
Yes, profit is increasing. The profit of AU Small Fin. Bank is ₹2,856 Crs for TTM, ₹2,641 Crs for Mar 2026 and ₹2,106 Crs for Mar 2025.
Is AU Small Fin. Bank stock expensive?
AU Small Fin. Bank is not expensive. Latest PE of AU Small Fin. Bank is 27.25 while 3 year average PE is 30.16. Also latest Price to Book of AU Small Fin. Bank is 3.9 while 3yr average is 3.91.
Has the share price of AU Small Fin. Bank grown faster than its competition?
AU Small Fin. Bank has given better returns compared to its competitors. AU Small Fin. Bank has grown at ~15.21% over the last 8yrs while peers have grown at a median rate of -4.51%
Is the promoter bullish about AU Small Fin. Bank?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in AU Small Fin. Bank is 22.74% and last quarter promoter holding is 22.76%
Are mutual funds buying/selling AU Small Fin. Bank?
The mutual fund holding of AU Small Fin. Bank is increasing. The current mutual fund holding in AU Small Fin. Bank is 24.42% while previous quarter holding is 23.22%.