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AU Small Finance Bank

Buy AU Small Finance Bank shares

AU SMALL FINANCE BANK (BOM: 540611) Shares

ABOUT AU SMALL FINANCE BANK

AU Small Finance Bank Limited (AUBANK) (BOM: 540611) was founded in 1996 and is an Indian scheduled commercial bank. In 2017, it converted to a small financial bank. Today, it has a long-standing track record of being a retail-focused and customer-centric institution which serves low- and middle-income individuals. AU Small Finance Bank Limited also serves micro and small businesses that have limited, or no access to formal banking or finance channels.

In 2017, the Reserve Bank of India added AU Small Finance Bank Limited to its schedule of commercial banks which improved growth prospects through the reduction of short-term fund costs and improved service provision greatly.

In 2018, nearly all loans made by AU Small Finance Bank Limited were secured due to the bank’s history as a vehicle finance company, whereas other small finance banks have unsecured loans due to having a background in microfinance.

From 2018, AU Small Finance Bank Limited obtained several awards including the ‘Best Rural Branch Expansion’ BFSI Award, Best Digital Bank and Innovative Leader of the Year, if only to name a few.

OVERVIEW OF AU SMALL FINANCE BANK

  • AU Small Finance Bank Limited offers a comprehensive portfolio catering for loan, deposit and payment products and services.

  • As of December 2018, there is a distribution network consisting of 396 branches, 84 asset centres, 49 business correspondents, 15 offices and 485 ATMs that are spread across 11 states in the Northern, Western and Central parts of India.
  • Due to loans being secured, it provides lower yields and interest rates to consumer than that of unsecured loans, which has led to the bank growing its deposits. There is also a diversity provided when it comes to savings products such as deposits, payment and transaction banking, distribution of third-party products along with additional loan products.

VISION & VALUES OF AU SMALL FINANCE BANK

  • AU Small Finance Bank Limited focuses on solutions that are based on the needs of their customers through core values that encompass inclusiveness, progress for all, simplicity along with action and urgency.

  • Efforts have been focused towards significant economic and social well-being of communities by positively influencing their lives as part of AU Small Finance Bank Limited’s all-embracing sustainability strategy.
  • With core values that through which business is conducted and strategies for growth, it adds value for shareholders who want to purchase company shares.

MARKET PERFORMANCE OF AU SMALL FINANCE BANK

  • Limited trades on the Bombay Stock Exchange (BSE) under the stock symbol BOM: 540611.

  • An analysis on the market performance for the second quarter of the 2022 financial year, showed that loan AUM grew 38% to INR 27,876 Crore along with deposits growing 72% to INR 22,149 Crore. Gross NPA and Net NPA at the end of September 2019 improved to 2.0% and 1.1% respectively in comparison to 2018.
  • With sound financials and improved growth in performance, shareholders who buy or sell company shares can be assured of solid dividends and returns in coming quarters.

LATEST NEWS AU SMALL FINANCE BANK

Buy AU SMALL FINANCE BANK stocks / shares – A Step by Step Guide how to Buy / Purchase AU SMALL FINANCE BANK  Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy AU SMALL FINANCE BANK Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AU SMALL FINANCE BANK STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE AU SMALL FINANCE BANK STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AU SMALL FINANCE BANK stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy AU SMALL FINANCE BANK stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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