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AU Small Finance Bank Investigates Potential Leak; Vijay Sales Systems Allegedly Offered for Sale
AU Small Finance Bank is investigating a potential data leak involving a Salesforce-hosted platform used to store limited vehicle loan customer information. Hacking group ScarlettGroup has allegedly claimed access to customer and internal corporate records, with HackRisk reporting that the group threatened to release the data. Separately, Dark Web ...
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AU Small Finance Bank Q2 Review: Jefferies, JPMorgan Cut Target Prices — Check Potential Upside
AU Small Finance Bank’s gross non-performing assets declined to 1.99% in the September quarter, while net profit increased 52.9% year-on-year to Rs 858 crore. Brokerages remained positive on growth but lowered their price targets.
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Bank Stocks In Red: AU Small Finance Bank, IndusInd Bank, IDFC First Fall Up To 5% — Here's Why
The proposed changes could reduce the fee pool banks earn from distributing insurance products, particularly credit-protection and other loan-linked policies that typically carry relatively high commissions.
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ICICI Prudential AMC Gets RBI Nod To Acquire Up To 9.95% 'Aggregate Holding' In AU Small Finance Bank
The regulatory clearance is subject to compliance with the Banking Regulation Act, RBI directions, the Foreign Exchange Management Act, SEBI regulations and other applicable laws and guidelines.
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AU Small Finance Bank Shares Gain Nearly 5% After Strong Q1FY27 Results; Key Numbers Here
The lender reported a 37% year-on-year (YoY) increase in net profit to Rs 796 crore in Q1FY27, compared with Rs 581 crore in the year-ago period.
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AU Small Finance Bank: Motilal Oswal Maintains 'Buy' — Check Target Price And Reasons
AU SFB remains well-positioned to sustain robust growth, aided by improving asset quality trends and structurally stronger deposit mobilisation following the universal banking transition, adds the brokerage.
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Haryana Govt De-Empanels IDFC First Bank, AU SFB With Immediate Effect: Here's Why
According to the state government's notification, no government funds are allowed to be parked, deposited, invested or transacted via the two private lenders.
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RBI Approves Three Year Extension To Sanjay Agarwal As MD & CEO Of AU Small Finance Bank
Agarwal first became MD of AU Financiers on February 14, 2008, and subsequently MD & CEO of AU Small Finance Bank on April 19, 2017, when the institution transitioned into a bank.
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AU Small Finance Bank Q3 Result Review: Brokerages Remain Bullish, Hike Target Price
In light of AU Small Finance Bank's Q3 earnings, brokerages retain their bullish outlook on the counter, with Jefferies and Morgan Stanley issuing price target hikes.
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AU Small Finance Bank Q3 Results: Profit, NII Meets Estimates; Asset Quality Improves
Profit after tax surged over 26% to Rs 668 crore, meeting estimate of Rs 646 crore, while operating profit was steady.
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Five Stocks To Buy: NTPC, Tata Steel, AU Small Finance And More
Angel One and The Street have shared target prices and stop losses for the above-mentioned stocks.
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Motilal Oswal Maintains 'Buy' On AU Small Finance Bank, Revises Target Price — Check Details
Notwithstanding the strong rally in the stock price, the brokergae remains excited about AU SFB’s growth and earnings prospects and reiterate it as preferred Buy in the mid-size banking space.
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Samsung Partners AU Small Finance Bank to Add Tap & Pay Support For AU Visa Credit Cards
Samsung and AU Small Finance Bank are coming together to introduce the Tap & Pay feature for AU Visa Credit Card users through Samsung Wallet. The company said that this allows people to make credit card payments directly from their Galaxy smartphones, without having to carry cards in physical form. This comes as part of the slew of new features th...
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RIL, UltraTech, JSW Steel, Dixon, Havells, AU SFB, IndusInd, RBL Bank, IndiaMart, Tanla Platforms Q2 Review
HDFC Securities maintains 'Buy' on RIL, JSW Steel, UltraTech Cement, Sobha, Tanla; 'Add' rating on Dixon, Havells, Federal Bank, IndiaMart, 'Reduce' rating on AU SFB, IndusInd Bank, RBL Bank.
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AU Small Finance Bank Q2 Results: Profit Declines 2%; NII, Provisions Rises
AU Small Finance Banks gross loan portfolio rose 17% year-on-year at Rs 1.05 lakh crore, while the unsecured business fell 23.3% year-on-year.
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AU Small Finance Bank Investigates Potential Leak; Vijay Sales Systems Allegedly Offered for Sale
AU Small Finance Bank is investigating a potential data leak involving a Salesforce-hosted platform used to store limited vehicle loan customer information. Hacking group ScarlettGroup has allegedly claimed access to customer and internal corporate records, with HackRisk reporting that the group threatened to release the data. Separately, Dark Web ...
-
AU Small Finance Bank Q2 Review: Jefferies, JPMorgan Cut Target Prices — Check Potential Upside
AU Small Finance Bank’s gross non-performing assets declined to 1.99% in the September quarter, while net profit increased 52.9% year-on-year to Rs 858 crore. Brokerages remained positive on growth but lowered their price targets.
-
Bank Stocks In Red: AU Small Finance Bank, IndusInd Bank, IDFC First Fall Up To 5% — Here's Why
The proposed changes could reduce the fee pool banks earn from distributing insurance products, particularly credit-protection and other loan-linked policies that typically carry relatively high commissions.
-
ICICI Prudential AMC Gets RBI Nod To Acquire Up To 9.95% 'Aggregate Holding' In AU Small Finance Bank
The regulatory clearance is subject to compliance with the Banking Regulation Act, RBI directions, the Foreign Exchange Management Act, SEBI regulations and other applicable laws and guidelines.
-
AU Small Finance Bank Shares Gain Nearly 5% After Strong Q1FY27 Results; Key Numbers Here
The lender reported a 37% year-on-year (YoY) increase in net profit to Rs 796 crore in Q1FY27, compared with Rs 581 crore in the year-ago period.
-
AU Small Finance Bank: Motilal Oswal Maintains 'Buy' — Check Target Price And Reasons
AU SFB remains well-positioned to sustain robust growth, aided by improving asset quality trends and structurally stronger deposit mobilisation following the universal banking transition, adds the brokerage.
-
Haryana Govt De-Empanels IDFC First Bank, AU SFB With Immediate Effect: Here's Why
According to the state government's notification, no government funds are allowed to be parked, deposited, invested or transacted via the two private lenders.
-
RBI Approves Three Year Extension To Sanjay Agarwal As MD & CEO Of AU Small Finance Bank
Agarwal first became MD of AU Financiers on February 14, 2008, and subsequently MD & CEO of AU Small Finance Bank on April 19, 2017, when the institution transitioned into a bank.
-
AU Small Finance Bank Q3 Result Review: Brokerages Remain Bullish, Hike Target Price
In light of AU Small Finance Bank's Q3 earnings, brokerages retain their bullish outlook on the counter, with Jefferies and Morgan Stanley issuing price target hikes.
-
AU Small Finance Bank Q3 Results: Profit, NII Meets Estimates; Asset Quality Improves
Profit after tax surged over 26% to Rs 668 crore, meeting estimate of Rs 646 crore, while operating profit was steady.
-
Five Stocks To Buy: NTPC, Tata Steel, AU Small Finance And More
Angel One and The Street have shared target prices and stop losses for the above-mentioned stocks.
-
Motilal Oswal Maintains 'Buy' On AU Small Finance Bank, Revises Target Price — Check Details
Notwithstanding the strong rally in the stock price, the brokergae remains excited about AU SFB’s growth and earnings prospects and reiterate it as preferred Buy in the mid-size banking space.
-
Samsung Partners AU Small Finance Bank to Add Tap & Pay Support For AU Visa Credit Cards
Samsung and AU Small Finance Bank are coming together to introduce the Tap & Pay feature for AU Visa Credit Card users through Samsung Wallet. The company said that this allows people to make credit card payments directly from their Galaxy smartphones, without having to carry cards in physical form. This comes as part of the slew of new features th...
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RIL, UltraTech, JSW Steel, Dixon, Havells, AU SFB, IndusInd, RBL Bank, IndiaMart, Tanla Platforms Q2 Review
HDFC Securities maintains 'Buy' on RIL, JSW Steel, UltraTech Cement, Sobha, Tanla; 'Add' rating on Dixon, Havells, Federal Bank, IndiaMart, 'Reduce' rating on AU SFB, IndusInd Bank, RBL Bank.
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AU Small Finance Bank Q2 Results: Profit Declines 2%; NII, Provisions Rises
AU Small Finance Banks gross loan portfolio rose 17% year-on-year at Rs 1.05 lakh crore, while the unsecured business fell 23.3% year-on-year.
