wait for the retracement for the next buy zone

AU Small Finance Bank (NSE: AUBANK) is an Indian private-sector bank that originated as a vehicle-financing business and later transformed into a Small Finance Bank. 🏦 Company Background Founded: 1996 Founder, MD & CEO: Sanjay Agarwal, a Chartered Accountant Headquarters: Jaipur, Rajasthan Started as AU Financiers, primarily focused on vehicle finance. Received RBI approval for a Small Finance Bank and started banking operations in April 2017. In 2024, Fincare Small Finance Bank merged with AU Small Finance Bank. In 2025, AU received in-principle RBI approval to transition from a Small Finance Bank to a Universal Bank 1. Company Fundamentals AU Small Finance Bank has continued to show strong operating growth. Parameter Latest Market Cap ₹77,159 Cr P/E 27.7x P/B 3.2x ROE 14.2% Q1 FY27 PAT ₹796 Cr PAT Growth YoY 37% NII Growth YoY 32% NIM 5.9% Loan Portfolio ₹1,44,250 Cr Loan Growth 23% YoY Deposits ₹1,57,727 Cr Deposit Growth 24% YoY GNPA 2.10% NNPA 0.76% CASA 29% ROA 1.7% Capital Adequacy 18.9% The company's own investor information reports 23% loan growth, 24% deposit growth and 37% PAT growth in Q1 FY27. Fundamental positives Strong loan and deposit growth. NII growth of 32% is encouraging. NIM improved to 5.9% from 5.4% YoY. PAT growth of 37% is substantially higher than loan growth. Capital adequacy at 18.9% provides a reasonable capital cushion. RBI approval for transition toward universal banking is an important long-term development. 2. Technical Analysis As of 16 September 2026, the technical setup is relatively weak/neutral in the short term. Current technical data shows: RSI: 47.3 → neutral MACD: bearish 20 EMA: ~₹1,021.7 50 EMA: ~₹1,022.0 200 EMA: ~₹1,028.5 Technical summary: Bearish.