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au small finance bank shares: AU Small Finance Bank shares tank 9% post Q2 earnings, amalgamation announcement

AU Small Finance Bank on Saturday reported a 17% rise in standalone net profit at Rs 402 crore for the September quarter 2023-24 aided by an improvement in interest income. The Jaipur-based lender had logged a net profit of Rs 343 crore in the year-ago period. Total income rose to Rs 2,957 crore from Rs 2,240 crore in the same period a year ago, AU Small Finance Bank said in a regulatory filing.

Fincare SFB promoters to pump in ₹700 crore as part of the merger deal with AU Small Finance Bank

Fincare SFB promoters to pump in ₹700 crore as part of the merger deal with AU Small Finance Bank
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Fincare Small Finance Bank Limited Files DRHP With Security Exchange Board of India

Startup news and updates: daily roundup (May 10, 2021)

Ride-hailing unicorn Ola has joined hands with GiveIndia, a Bengaluru-based non-profit organisation, to launch O2forIndia initiative to provide free oxygen concentrators to those in need. Through its philanthropic arm Ola Foundation, the company will be rolling out the service in Bengaluru this week with an initial set of 500 oxygen concentrators. The service will be scaled up to provide 10,000 concentrators across India in the coming weeks, said a press note shared by Ola.  Karnataka has entered a full state-wide lockdown from today till May 24, 2021. Till date, the state has reported over 19.3 lakh cases and 18,776 related fatalities. The recent lockdown restrictions have been introduced to break the chain of COVID-19 transmissions in the state.

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