AU Small Finance Bank Ltd
NSE:AUBANK
During the last 3 months AU Small Finance Bank Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 4% over this period (open performance analysis).
The last transaction was made on
Mar 1, 2024
by
Vikrant Jethi
(Chief Operating Officer & Head of Treasury)
, who
bought
2.3m INR
worth of AUBANK shares.
During the last 3 months AU Small Finance Bank Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 4% over this period (open performance analysis).
The last transaction was made on
Mar 1, 2024
by
Vikrant Jethi
(Chief Operating Officer & Head of Treasury)
, who
bought
2.3m INR
worth of AUBANK shares.
AU Small Finance Bank Ltd
Glance View
AU Small Finance Bank Ltd. emerged on the landscape of India's financial sector, carving a niche for itself by addressing the unique needs of the underserved and unserved segments of the population. Founded initially as AU Financiers in 1996, the company began its journey as a vehicle finance provider. Over the years, the evolution and growing demand for personalized banking solutions catalyzed its transformation into a small finance bank in 2017. Embracing its new role, AU Small Finance Bank shifted its focus to offering inclusive financial services, targeting segments of the market that traditional banks often overlooked. Its comprehensive range of offerings includes savings accounts, fixed deposits, and an array of loan products such as commercial vehicle loans, MSME loans, and housing loans, tailored to meet the aspirations and requirements of India's burgeoning middle and lower-middle-class population. AU Small Finance Bank thrives by blending its deep-rooted understanding of customer needs with technology-driven solutions. Its business model strikes a balance between maintaining robust asset quality and driving growth through its innovative banking channels. By leveraging digital platforms and a strong network of branches, the bank ensures it reaches both urban and rural customers, enabling seamless transactions and accessible banking services. The credit side of its operations—comprising small-ticket loans, primarily to individuals and small businesses—energizes its revenue stream, while interest income remains a significant portion of its earnings. Simultaneously, its strategic foray into non-interest income through fees, commissions, and insurance products illustrates a deliberate diversification path, enhancing profitability and ensuring sustainable growth in an increasingly competitive financial landscape.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
You don't have any saved screeners yet