Business Standard

Friday, January 10, 2025 | 09:57 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

AU Small Finance tumbles 5% in 4 sessions; what should investors do?

Last week, reports claimed that the Reserve Bank of India has raised concerns about the rapid rise in advances at AU Small Finance Bank

AU Small Finance Bank
Premium

AU Small Finance Bank

Nikita Vashisht New Delhi

Listen to This Article

Shares of AU Small Finance have tumbled 5.3 per cent in four trading sessions after reports, last week, claimed that the Reserve Bank of India (RBI) had called the lender's management for two meetings last year, raising concerns about the rapid rise in advances.

The benchmark S&P BSE Sensex, and S&P BSE Bankex, meanwhile, added 1.1 per cent and 1.4 per cent, respectively, during the period.

"The bank was told that its growth was not in line with what other banks in the system were reflecting. The RBI is concerned whether this signifies high incentives for achieving growth, along with

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in