AU Small Finance Bank Ltd (AUBANK)

AU Small Finance Bank Plans Expansion Through Equity and Debt - 23 Jul, 2024

AU Small Finance Bank is set to expand its operations by raising INR 110 billion through equity and debt. The bank's strong financial outlook and expected growth in profits make it an attractive investment opportunity despite some regulatory penalties.

AU Small Finance Bank Deputy CEO Lists Priorities for Union Budget - 21 Jul, 2024

Rajeev Yadav, deputy CEO of AU Small Finance Bank, has listed five key priorities for the upcoming Union Budget. These include fiscal discipline, deposit mobilization, rebate for scaling up banks' tech infrastructure, job creation, and boosting private consumption.

Motilal Oswal Recommends Buy on AU Small Finance Bank - 15 Jul, 2024

Motilal Oswal has recommended a buy call on AU Small Finance Bank with a target price of Rs 735. The bank reported a net profit after tax of Rs 370.74 crore in the latest quarter, and its promoters held 25.45% stake as of March 31, 2024.

AU Small Finance Bank Ltd Drops for Fifth Straight Session - 11 Jul, 2024

The stock has tumbled 18.51% in the last year, with a PE of 30.48 based on TTM earnings ending March 24. The NIFTY rallied 25.36%, while the Nifty Bank index spurted 16.34%.

AU Small Finance Bank Shares Slump on Muted Growth - 08 Jul, 2024

Shares of AU Small Finance Bank fell 4.25% after the bank reported a marginal decline of 0.4% QoQ in total deposits for Q1 FY25. The bank's CASA deposits saw a 1.8% QoQ increase. Gross advances stood at Rs 90,700 crore, reflecting a 5% increase in QoQ. Analysts remain cautious about the stock.

AU Small Finance Bank Plans to Raise INR 110 Billion for Expansion - 05 Jul, 2024

AU Small Finance Bank's board has approved plans to raise up to INR 110 billion through equity and debt to fuel further expansion. The bank has demonstrated robust financial performance with earnings growing by 21.9% annually over the past five years, and revenue and earnings expected to grow significantly above market rates at 24.8% and 23.9% per year respectively.

AU Small Finance Bank Ltd Stock Performance - 02 Jul, 2024

AU Small Finance Bank Ltd (NSE: AUBANK) is currently trading at 677.55 INR on the National Stock Exchange (NSE), showing an increase of 3.70 INR, or 0.55%, today.

AU Small Finance Bank to Pay Dividend of Rs 1 per Share - 30 Jun, 2024

The board of AU Small Finance Bank has announced a dividend payment of Rs 1 per share on August 25. The bank's payout ratio is at a comfortable 4.4%, and analysts estimate that the future payout ratio will be 5.5% over the next three years, indicating sustainability of dividends.

AU Small Finance Bank Plans to Raise Funds - 28 Jun, 2024

AU Small Finance Bank's board has approved plans to raise funds aggregating up to Rs 11,000 crore through equity and debt instruments. The bank will raise up to Rs 5,000 crore through Qualified Institutional Placement (QIP) and other methods, and plans to borrow up to Rs 6,000 crore by issuing debt instruments.

AU Small Finance Bank Plans Equity Raise and Debt Issue - 27 Jun, 2024

AU Small Finance Bank's board has approved a strategic plan to raise capital totaling ₹5,000 crore through the issuance of equity shares via private placement, qualified institutions placement (QIP), preferential allotment, or a combination thereof. Additionally, the bank intends to raise up to ₹6,000 crore through debt instruments, including bonds and non-convertible debentures (NCDs).

AU Small Finance Bank Rises; Lenders Board to Consider Equity Shares Issue - 26 Jun, 2024

AU Small Finance Bank Ltd has risen for the fifth consecutive session and is up 9.58% in the last month. The lenders board will consider a proposal to raise funds through an equity share issue.

AU Small Finance Bank Board to Discuss Fund Raising Options - 25 Jun, 2024

The board of AU Small Finance Bank will meet on June 27 to discuss raising funds via equity shares, debt instruments, or other modes.

AU Small Finance Bank to Consider Fund Raising - 24 Jun, 2024

The Board of AU Small Finance Bank will meet on June 27, 2024, to consider raising funds through equity shares or debt instruments subject to necessary approvals and requirements.