niftify.in

The Economic Times

AU Small Finance Bank ties up with Niva Bupa to offer health insurance products

AU Small Finance Bank has partnered with Niva Bupa Health Insurance Company to offer health insurance products to its over one crore customers. This collaboration aims to enhance the distribution reach of Niva Bupa and provide comprehensive health insurance solutions to AU SFB's customer base, according to a regulatory filing.

Business Standard

AU Small Finance Bank partners with Niva Bupa

AU Small Finance Bank (AU SFB) announced its partnership with Niva Bupa Health Insurance Company (Niva Bupa) to offer health insurance products to AU SFB's customers. Building on Niva Bupa's existing relationship with Fincare Small Finance Bank (now merged with AU SFB), this collaboration introduces a refreshed business proposition, further enhancing the bank's customer offerings.

The Economic Times

Upside potential of 71%! Bajaj Finance among 8 stocks on which brokerages initiated coverage

Brokerages have recently initiated coverage on eight Indian stocks, including Bajaj Finance, CCL Products, and AU Small Finance Bank, highlighting their growth potential. The optimism is driven by favorable domestic and international economic conditions. Stocks like CCL Products are expected to see significant upside due to advanced technology and strategic expansion efforts.

Business Line

Movers & Shakers: Stocks that will see action this week

Here is what the charts say about the shares of AU Small Finance Bank, KNR Constructions, and SBI Cards and Payment Services

Business Standard

AU Small Finance Bank partnerships with United India Insurance Company

AU Small Finance Bank (AU SFB) and United India Insurance Company (UIIC) announced a strategic partnership to offer AU SFB's customers with a wide range of general insurance solutions. It includes motor insurance, personal accident insurance, crop insurance, property insurance, shopkeeper insurance, cyber incident insurance, and more.

The Economic Times

AU Small Finance Bank shares jump 5% as Goldman Sachs initiates coverage with 21% upside potential

AU Small Finance Share Price: Shares of AU Small Finance Bank rose 5% to a day’s high of Rs 722.50 on the BSE after Goldman Sachs initiated coverage with a target price of Rs 831, suggesting a 21% upside from Wednesday’s close of Rs 688. The stock has also gained 7% over the last two days, following the bank’s application to the RBI for a transition from a small finance bank to a universal bank.

CNBC TV18

AU Small Finance Bank ready for next innings, says Goldman Sachs; Projects 21% upside

Goldman Sachs believes AU Small Finance Bank is well-positioned for future growth, with sector-leading earnings per share (EPS) growth on the horizon.

Business Standard

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

AU Small Finance Bank has submitted an application to the RBI for a voluntary transition from a Small Finance Bank to Universal Bank

Mint

Stocks to Watch: AU Small Finance Bank, GIC, Zee, Cipla, SpiceJet, KIMS, and more

Here’s a quick look at stocks likely to be in focus in today's trade.

CNBC TV18

AU Small Finance Bank seeks RBI approval for transition to universal bank

An SFB aiming to become a universal bank should have a minimum net worth of ₹1,000 crore as at the end of the previous quarter (audited) and be listed on a recognised stock exchange. Shares of AU Small Finance Bank Ltd ended at ₹674.45, down by ₹6.55, or 0.96%, on the BSE.

CNBC TV18

GIC Re, GSK Pharma, Godfrey Phillips, IEX and more: Top stocks to watch out for on September 4

stocks to watch, GIC Re, GSK Pharma, Godfrey Phillips, IEX, Zydus Lifesciences, KIMS, AU Small Finance Bank, PDS, ZEEL, Hitachi Energy, NHPC, Mankind Pharma and more, these are the stocks to watch for today.

The Economic Times

AU Small Finance Bank submits application to RBI for voluntary transition to universal bank

AU Small Finance Bank has applied to the Reserve Bank of India for voluntary transition to a universal bank. This change would ease regulatory norms, including lower capital adequacy requirements and reduced priority sector lending obligations. Only AU and Ujjivan Small Finance Bank meet the eligibility criteria set by RBI in April.

Mint

Stocks to Watch: UltraTech Cement, AU Small Finance Bank, Vedanta, Medi Assist, Paytm and more

Here’s a quick look at stocks likely to be in focus in today's trade.

Mint

AU Small Finance Bank trades in green, up over 1 per cent on buyback reports

AU Small Finance Bank share price: AU Small Finance Bank's total equity changed hands at an average price of ₹630 per share, resulting in a total transaction value of ₹804 crore.

The Economic Times

Nifty Bank outperforms benchmark indices; strong support placed at 52,000: Experts

Led by gains in AU Small Finance Bank, SBI, Bandhan Bank, and The Federal Bank, the banking index rebounded from a dip to the 51,800 level, closing higher and signaling continued bullish sentiment despite selling pressure on HDFC Bank and ICICI Bank.

The Economic Times

Nifty Bank hits fresh record high, climbs above Mt 53K; use dips to buy: Experts

HDFC Bank, Kotak Bank, Federal Bank and Bandhan Bank saw heavy buying while AU Small Finance Bank saw selling pressure. The bank index breached its crucial resistance level of 53,000, triggering a short covering move in the index. Traders are advised to use dip to go long in the index.