AU Small Finance Bank is a scheduled commercial bank in India that provides banking services to underserved and unserved segments, including micro, small and medium enterprises (MSMEs), retail customers, and agriculture customers.
The bank was originally established as AU Financiers in 1996 as a non-banking finance company (NBFC) and received a license to operate as a small finance bank from the Reserve Bank of India in 2017.
AU Small Finance Bank offers a range of products and services, including savings and current accounts, fixed deposits, loans, insurance, and investment products.
The bank has a network of branches and banking outlets across India and also provides online and mobile banking services.
The bank has received several awards and recognitions for its services and performance, including being ranked among the top 10 small finance banks in India by Business Today magazine in 2020.
AU Small Finance Bank Results Date
In continuation to our intimation for closure of Trading Window for trading in the securities of the Bank
vide letter bearing Ref. No. AUSFB/SEC/2022-23/513 dated 31 st March, 2023, it is hereby informed that
meeting of the Board of Directors of the Bank will be held on Tuesday, 25 th April, 2023 to, inter alia,
consider and approve the Audited Financial Results of the Bank for the Quarter and Financial Year ended
on 31st March, 2023 and to consider and recommend Dividend on equity shares, if any, for the financial
year ended on 31 st March, 2023
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Share Price Returns
AU Small Finance Bank’s shares were listed on the Indian stock exchanges in July 2017, and since then, the bank’s share price has shown significant growth. In the first year of listing, the stock price rose by more than 100%.
The stock had generated returns of around 700% since its listing. It’s important to note that share prices are subject to market fluctuations and can be affected by a variety of factors, including economic conditions, industry trends, and company-specific developments.
Therefore, past performance is not necessarily indicative of future returns, and investors should always do their own research and seek professional advice before making any investment decisions.