08 Aug , 2025 By : Debdeep Gupta
AU Small Finance Bank share price rose 3 percent in the early trade on August 8 following Reserve Bank of India (RBI) approval to become a universal bank.
At 09:18am, AU Small Finance Bank was quoting at Rs 766.05, up Rs 22.05, or 2.96 percent, on the BSE.
The Reserve Bank has decided to grant 'in-principle’ approval to AU Small Finance Bank Limited (AUSFB) for transitioning from a small finance bank (SFB) to a Universal Bank, company said in exchange filing.
Earlier in this week, the bank has entered into strategic corporate agency partnership with SBI Life Insurance Company to enhance access to comprehensive insurance solutions nationwide by extending financial protection to underserved and emerging markets across India.
With this alliance, the bank will distribute SBI Life’s comprehensive portfolio of life insurance solutions, including protection, savings & investments, child, money back, retirement etc. across its robust network of over 2,505 banking touchpoints in 21 states and 4 union territories.
The bank had posted a 16 percent growth in net profit to Rs 581 crore during the first quarter of this financial year.
The total income rose to Rs 5,189 crore during the June 2025 quarter from Rs 4,278 crore in the same period of FY25.
Interest earned by the bank improved to Rs 4,378 crore compared to Rs 3,769 crore in the June quarter of FY25 and net interest income rose to Rs 2,045 crore during the quarter against Rs 1,921 crore a year ago.
The share touched a 52-week high of Rs 840.95 and a 52-week low of Rs 479.00 on 02 July, 2025 and 18 March, 2025, respectively.
Currently, the stock is trading 8.91 percent below its 52-week high and 59.93 percent above its 52-week low.
The market capitalisation of the company stands at Rs 57,120.66 crore.
The share price rose more than 29 percent in the last six months.
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