by Team Small News | Mar 28, 2025 | Au Small Finance Bank, Banking
AU Small Finance Bank (AU SFB), a leading small finance bank in India, has successfully raised Rs 770 crore through Tier-II bonds to fund its business growth. The bonds, which have a 10-year maturity, carry a coupon rate of 9.20% per annum. This fund raise is expected...
by Team Small News | Mar 27, 2025 | Au Small Finance Bank, Axis bank, Banking
India’s AU Small Finance Bank (AUBANK) plans to issue 8 billion rupees ($93.34 million) in bonds, with an option to raise an additional 4 billion rupees, through the sale of 10-year Tier II bonds. The bonds will have a coupon rate of 9.20% per annum and a call...
by Team Small News | Mar 26, 2025 | Au Small Finance Bank, Banking
Goldman Sachs has maintained its “Buy” rating on AU Small Finance Bank Ltd., despite lowering its target price to Rs 796 from Rs 813. The bank is seen as an attractive “Growth at a Reasonable Price” play due to its robust earnings growth...
by Team Small News | Mar 19, 2025 | Au Small Finance Bank, Axis bank, Bandhan Bank, Bank of Baroda, Banking, Canara Bank, Central Bank of India, DBS, HDFC Bank, ICICI Bank, State Bank of India, Union Bank of India, Utkarsh Small Finance Bank
Fixed Deposits (FDs) have been a popular investment option in India for many years, particularly among senior citizens. This is because FDs are considered to be a safe and secure way to invest, with a high return on investment. Senior citizens can earn higher interest...
by Team Small News | Mar 15, 2025 | Au Small Finance Bank, Banking, Equitas Small Finance Bank, ESAF Small Finance Bank, RBI, Suryoday Small Finance Bank
The Reserve Bank of India (RBI) has established a special sector of the banking industry, known as small finance banks, which aims to promote financial inclusion for underserved segments of the economy. These banks are designed to provide access to banking services... by Team Small News | Mar 13, 2025 | Au Small Finance Bank, Banking, RBI
AU Small Finance Bank has announced a reduction in interest rates for fixed deposits (FDs) effective from March 10, 2025. The new interest rates range from 3.75% to 8.50% per annum for general customers, while senior citizens can earn interest rates ranging from 4.25%...