AU Small Finance Bank Ltd News

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Sensex hit 79,020 in intra-day trade today, falling 3.79 per cent or 3,113.12 points in four trading days from the level of 82,133 touched on Friday, December 13

Rs 98k-cr selloff by FIIs in Oct drags Mid, SmallCap indices 9% in 7 days

FIIs have offloaded Indian equities worth a total of Rs 98,086 crore on the stock exchanges till October 24, data from NSDL showed

AU Small Finance Bank Q2 results: Net profit jumps 42% to Rs 571 cr

AU Small Finance Bank on Wednesday reported a 42 per cent rise in net profit at Rs 571 crore for the quarter ended September 30, 2024 on the back of improvement in interest income. The Jaipur-based lender had logged a net profit of Rs 402 crore in the year-ago period. Total income rose to Rs 4,549 crore in the quarter under review from Rs 2,957 crore in the same period a year ago, AU Small Finance Bank said in a regulatory filing. Net interest income of the bank improved to Rs 1,974 crore in the July-September quarter, from Rs 1,249 crore in the September quarter of 2023, registering a growth of 58 per cent. Net interest margin increased to 6.1 per cent from 5.5 per cent at the end of September 2023. However, asset quality of the bank deteriorated with gross non-performing assets (NPAs) rising to 1.98 per cent of gross advances at the end of the September quarter 2024, as against 1.91 per cent a year ago. Net NPAs or bad loans also rose to 0.75 per cent, as against 0.60 per cent

Q2 results today: HUL, Godrej, TVS Motor among 73 firms to post earnings

Q2FY25 company results: AU Small Finance Bank, Bajaj Finserv, Birla will also be among the 73 companies to released their second quarter results on Oct 23

F&O Alert: FIIs net sell 3.5 lakh Nifty, Bank Nifty futures in just 3 days

Derivatives market update Oct 08: FIIs turn bearish on Indian stocks, long-short ratio in index futures dipped below 1 for the first time since August 14. Retail and proprietary trades turn bullish.

AU Small Finance climbs 3% after releasing Q2 update; check out details

AU Small Finance's total deposit for the quarter ended September 30 is likely to grow 12.7 per cent to Rs 1,09,690 crore

Nifty, Bank Nifty form shooting star on daily chart; consolidation ahead?

Derivatives market update for Sept 20: Technically, Nifty has formed a Shooting Star-like pattern on daily scale, signalling exhaustion of buying pressure, said analyst at Asit C. Mehta Investment

AU Small Finance Bank applies for transition to Universal Bank; shares rise

AU Small Finance Bank has submitted an application to the RBI for a voluntary transition from a Small Finance Bank to Universal Bank

F&O Cues: Options data hint more gains for Nifty; 4 stocks see long buildup

Derivative market update for Monday, Sept 02: FIIs long-short ratio in index futures rose to 2.6:1, implying 5 longs for every 2 shorts. Bandhan Bank, Syngene and Granules India see long buildup.

AU Small Finance Bank Q1 results: Net profit surges 30% to Rs 502 cr

AU Small Finance Bank on Thursday reported a 30 per cent jump in its net profit to Rs 502 crore for the first quarter ended June 30. The Jaipur-based lender had earned a net profit of Rs 387 crore in the year-ago period. During the quarter, the bank's total income increased to Rs 4,315 crore against Rs 2,773 crore a year ago, Au Small Finance Bank said in a regulatory filing. Interest income grew to Rs 3,769 crore during the period under review from Rs 2,458 crore in the corresponding quarter a year ago. The board has also approved for making an application to the Reserve Bank of India (RBI) for the transition from a Small Finance Bank to Universal Bank pursuant to guidelines for 'on tap' licensing of universal banks in the private sector dated August 1, 2016, and circular on voluntary transition to universal banks dated April 26, 2024, it said. The board has constituted a Committee of Directors to vet the application for submission to the RBI, it said. Asset quality of the bank

AU Small Finance Bank's shares slump 4% on muted growth in Q1 biz update

AU Small Finance Bank's stock dipped up to 4.25 per cent at Rs 250.55 per share on the BSE in Monday's intraday trade