AU Small Finance Bank applies for transition to Universal Bank; shares rise

Quick Summary:

The market capitalisation of the company stood at Rs 51,148.14 crore.

During the quarter, the bank's total income increased to Rs 4,315 crore as against Rs 2,773 crore a year ago.

Its interest income grew to Rs 3,769 crore during the period under review from Rs 2,458 crore in the corresponding quarter a year ago.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Au small finance share price today Au small finance bank stock price Business standard Universal bank Au small finance transition Au small finance bank share price Stock market today

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 14:15:24 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22364719

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Main Topics: BusinessFinance

Official Website: business-standard.com

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News Last Updated: 2 hours ago

Coverage Areas: India

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