ICICI Securities reiterates Buy on AU Small Finance Bank; target Rs 1,250
ICICI Securities has a Buy rating and a target price of Rs 1,250 for AU Small Finance Bank. The research says the bank received in-principle approval to convert into a universal bank.
ICICI Securities research report on AU Small Finance BankAU SFB has received an in-principle approval to convert into a universal bank, positioning it as one of the fastest-growing retail-focused private sector banks in India.
Over the past decade, AU SFB has showcased superior execution with stron…