India's AU Small Finance Bank slides on de‑empanelment for state government business

AU Small Finance Bank

23/02/2026 04:18

** AU Small Finance Bank AUFI.NS fall 7.3% to 954.2 rupees

** Lender de‑empanelled for government business in India's northern state of Haryana, on account of "suspected unauthorised transactions" between a government account and another account

** Bank's total deposits from government of Haryana reduced to 5.38 billion rupees from 7.35 billion rupees after de-empanelment

** Stock set to fall most in a session since Jan 29, 2024

** More than 4 mln shares traded, 1.8x their 30-day moving avg

** Avg rating of 27 analysts covering the stock is "hold"; median PT is 1,047.5 rupees,  around 8.2% higher than current price - data compiled by LSEG

** AUFI stock turns negative on YTD basis, down 3.3%

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))