Sharekhan is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 800 in its research report dated March 23, 2023.
The person holding a credit card of other bank is eligible to apply for a lifetime free credit card on SwipeUp platform. The users get one of the AU Small Finance credit cards as upgraded option from AU Xcite series launched with three variants.
Motilal Oswal is bullish on AU Small Finance Bank recommended buy rating on the stock with a target price of Rs 740 in its research report dated January 19, 2023.
Sharekhan is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 800 in its research report dated January 19, 2023.
HDFC Securities recommended reduce rating on AU Small Finance Bank with a target price of Rs 610 in its research report dated January 19, 2023.
Emkay Global Financial recommended hold rating on AU Small Finance Bank with a target price of Rs 650 in its research report dated January 20, 2023.
The bank said its gross bad loans declined to 1.81 per cent or Rs 1,019 crore in the reporting quarter from 2.60 per cent or Rs 1,058 crore in December 2021.
AU Small Finance Bank Q3: The bank reported 30 percent year-on-year growth in its net profit for the quarter ended December 31, 2022, to Rs 393 crore
This partnership would enable diverse customers of AU Small Finance Bank to access the entire range of life insurance products offered by HDFC Life, thus fulfilling their need for financial protection.
The bank has hiked its peak FD rate for retail deposits by 25 basis points, from existing 7.5 percent to 7.75 percent for regular customers and 8 percent to 8.25 percent for senior citizens
Sharekhan is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 800 in its research report dated December 08, 2022.
Motilal Oswal is bullish on AU Small Finance Bank recommended buy rating on the stock with a target price of Rs 750 in its research report dated December 07, 2022.
Motilal Oswal is bullish on AU Small Finance Bank recommended buy rating on the stock with a target price of Rs 700 in its research report dated November 03, 2022.
Sharekhan is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 800 in its research report dated October 19, 2022.
Motilal Oswal is bullish on AU Small Finance Bank recommended buy rating on the stock with a target price of Rs 700 in its research report dated October 19, 2022.
Analysts at Motilal Oswal Financial Services have a buy rating on the stock with a target of Rs 700
The Jaipur-based lender had posted a net profit of Rs 279 crore in the same period in the year ago fiscal year.
This is led by lower unemployment in rural areas, recovering two-wheeler sales, and increasing credit growth to the agri sector. Not just the cyclical outlook, but also the structural outlook for the rural economy is now constructive, the MS note says
The increased rates have come to effect from October 10, 2022. The bank has hiked the fixed deposit rates by up to 60 basis points for retail deposits from flagship 6.9 per cent to 7.5 per cent for regular customers and 7.4 per cent to 8 per cent for senior citizens, it said in a release.
The board approved the re-appointment of Raj Vikash Verma as part-time chairman of the bank with effect from April 8, 2023 till January 29, 2024 (that is, till completion of his tenure as independent director), it said.
Given the subdued environment, the index may touch its August lows of around 17,150 and if that gets broken, then falling below psychological 17,000 mark can't be ruled out in coming sessions, with hurdle on the upside at 17,700-17,800 levels
Federal Bank, ICICI Pru Life Insurance, Oberoi Realty among the stocks. With the Sensex and the Nifty reversing losses after the RBI decision, experts say the Nifty’s next stop could be 17,800. Banking and financial services, FMCG, IT, metal and pharma stocks supported the market.
This is the third equity fund raise by AU Small Finance in the last three years and the lender’s stock price has risen by over seven percent in the last month. On May 23, 2022, Moneycontrol was the first to report that the Jaipur-headquartered firm was mulling a fresh equity fund raise through the QIP route in FY23
Motilal Oswal is bullish on AU Small Finance Bank recommended buy rating on the stock with a target price of Rs 680 in its research report dated July 21, 2022.