India's AU Small Finance Bank gains on strong quarterly loan growth
** Shares of AU Small Finance Bank AUFI.NS climb 2.6% to 760.9 rupees, their highest since mid-August ** Stock among top gainers on the Nifty Bank index .NSEBANK, which is up ~1% ** Lender posts 20.8% y/y rise in Q2 total deposits, while its gross loan portfolio grows 17% ** Stock rated "hold" on avg by 24 brokerages, median PT at 773 rupees - data compiled by LSEG ** YTD, stock up 36% (Reporting by Manvi Pant in Bengaluru) ((Manvi.Pant@thomsonreuters.com; +918447554364;))
Recent news on AU Small Finance Bank
See all newsSome lenders hike rates on FX deposits for non-resident Indians (updated)
Corrected: Some lenders hike rates on FX deposits for non-resident Indians
Brief: Au Small Finance Bank Says RBI Approves Kotak Mahindra Bank To Buy Up To 9.99% In AU SFB
Brief: Au Small Finance Bank Appoints Gaurav Jain As CFO Effective
Brief: AU Small Finance Bank March-Quarter Net Profit 8.32 Billion Rupees