Government Pension Fund Global (Norway) decreased its stake in AU Small Finance Bank from 1.26% to 1.25%, selling 88,935 shares. The shares were valued at approximately ₹9.91 Cr based on a share price of ₹1114.00.
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.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.