AU Small Finance Bank Limited
American Funds (Capital Group) decreased its stake in AU Small Finance Bank from 4.44% to 3.84% by selling 4,503,919 shares. The value of the sold shares was ₹501.79 Cr at ₹1114.00 apiece.
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.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.