by newsworm | Feb 2, 2025 | Au Small Finance Bank, Banking
The Jodhpur bench of the Rajasthan High Court has expressed surprise and alarm over a loan defaulter who took unlawful forcible possession of his mortgaged property that was taken over by a bank under the SARFAESI Act. Despite the bank’s efforts to restore... by newsworm | Jan 28, 2025 | Au Small Finance Bank, Banking, Equitas Small Finance Bank, Jana Small Finance Bank, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
Small finance banks have followed in the footsteps of major banks, increasing their fixed deposit (FD) interest rates in recent times. This increase has benefited investors, who can now earn higher interest amounts on their FD investments. Small finance banks face... by newsworm | Jan 28, 2025 | Au Small Finance Bank, Banking
AU Small Finance Bank and TrucksUp, a full truckload aggregator firm, have partnered to provide financing solutions for used trucks. The partnership aims to support small fleet owners by offering low-interest loans with competitive EMI rates. Virendra Yaduvanshi, CEO... by newsworm | Jan 27, 2025 | Au Small Finance Bank, Banking, Canara Bank, ICICI Bank, Union Bank of India
The domestic equity market is expected to open with significant losses on Monday, January 27, following a mixed bag of economic data and earnings reports. The GIFT NIFTY futures are trading at 22,938, down 147.50 points, or 0.64%, which implies that the NIFTY50 index... by newsworm | Jan 27, 2025 | Au Small Finance Bank, Banking
AU Small Finance Bank has launched its premium offering, the Zenith+ Metal Card, designed specifically for frequent travelers who appreciate luxury. This metal card is targeted at high-end clients who are looking for exclusive benefits and services to elevate their... by newsworm | Jan 27, 2025 | Au Small Finance Bank, Banking
AU Small Finance Bank has announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25). The bank’s profit after tax (PAT) has increased by 41% year-on-year (YoY) to Rs 432 crore, compared to Rs 307 crore in the same quarter last year. This...