by newsworm | Jan 24, 2025 | Au Small Finance Bank, Banking
AU Small Finance Bank Ltd has reported a significant increase in its net profit for the third quarter (Q3) of the 2024-25 fiscal year. The bank’s net profit jumped 41% to Rs 528 crore, driven by a 51% rise in interest income to Rs 4,113 crore. The total income... by newsworm | Jan 24, 2025 | Au Small Finance Bank, Banking
TrucksUp, a leading on-demand logistics platform, has partnered with AU Small Finance Bank to provide financing solutions to fleet owners in India. This strategic tie-up aims to empower small and medium-sized fleet owners in the country, enabling them to grow their... by newsworm | Jan 23, 2025 | Au Small Finance Bank, Banking
Here is a summary of the content in 400 words: Manas Gautam, the Litigation Head at Mahindra Finance, has made a significant career move by joining AU Small Finance Bank as its new Litigation Head. Gautam, a seasoned legal professional with over 15 years of... by newsworm | Jan 21, 2025 | Au Small Finance Bank, Banking, Equitas Small Finance Bank, ESAF Small Finance Bank, Jana Small Finance Bank, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
The Reserve Bank of India’s elevated interest rate regime has led banks to offer attractive rates on fixed deposits to attract new customers. Small finance banks, in particular, have been raising their FD rates to secure more deposits. According to a recent... by newsworm | Jan 20, 2025 | Au Small Finance Bank, Banking
AU Small Finance Bank, a bank that primarily serves the unorganized sector, has announced an increase in its fixed deposit (FD) interest rates, effective January 20, 2025. The new rates are applicable for FDs held in Indian Rupees (INR) as well as for Non-Resident... by newsworm | Jan 6, 2025 | Au Small Finance Bank, Banking, Capital Small Finance Bank, HDFC Bank, RBI
HDFC Bank, India’s largest private sector lender, has received approval from the Reserve Bank of India (RBI) to acquire up to a 9.5% stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank. The approval is valid until January 2, 2026....