AU Small Finance Bank Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in AU Small Finance Bank from 1.88% to 1.83%, selling 346,366 shares. This reduced its total holdings from 14,047,046 to 13,700,680 shares.
A retail-focused banking institution providing comprehensive financial services across India. AU Small Finance Bank operates in retail banking, wholesale banking, and treasury operations, serving customers through a diversified product portfolio. The bank specializes in extending credit and deposit services to underserved and emerging customer segments while maintaining a network of branches across urban and semi-urban markets throughout the country.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.