The balance sheet of AU Small Finance Bank is expected to grow at a 25 percent compound annual growth rate (CAGR) for the next three years after the merger with Fincare Small Finance Bank, said Sanjay ...

AU Small Finance Bank Q4 Results: AU Small Finance Bank on Wednesday reported a 12.7 per cent fall in profit at Rs 371 crore in March quarter due to increased provisions and a one-time expense for ...

The bank has taken a one-time pre-tax exceptional impact of Rs 77 crore in the fourth quarter towards Fincare merger-related expenses including stamp duty. The board recommended paying a dividend of ...

The small finance bank model may still be testing the water some 10 years since its launch. According to banking experts, the regulator has taken a cautious approach in granting approvals. Unity Small ...

The Reserve Bank of India on Friday laid out a roadmap for the voluntary transition of small finance banks (SFBs) to universal banks, prescribing criteria such as minimum net worth of ₹1,000 crore, ...

The first 10 years are crucial for any new financial organisation, as the chances of mistakes are high during the initial years of operation, he said.The SFB’s gross advances grew by 25% y-o-y to Rs ...

AU Small Finance Bank reported a 12.69 per cent year-on-year (YoY) decline in net profit to Rs 370.73 crore for the quarter ended March 31, compared with Rs 424.6 crore in the corresponding quarter of ...

Fincare Small Finance Bank FD and savings account interest rates: Following the modification, will bank offer the highest interest rates on savings accounts up to 7.25% and on fixed deposits the bank ...

Jaipur: AU Small Finance Bank on Wednesday reported net profit of Rs 428 crore in the fourth quarter of FY24, excluding exceptional items, compared to.

For exceptional items, the bank has taken a one-time pre-tax exceptional impact of ₹77 crore in Q4 of FY24 towards Fincare Small Finance Bank merger-related expenses. For FY2024, AU Small Finance Bank ...

AU Small Finance Bank Limited (formerly known as Au Financiers (India) Limited) was incorporated as a Public Company. The Company had originally obtained its license from Reserve Bank of India (RBI) ...

Motilal Oswal is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 735 in its research report dated April 25, 2024.