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Small finance bank stocks are on an uptrend. Does the rally have more legs?

Analysts believe that small finance banks have a much bigger role to play in the overall banking sector

Small Finance Bank Stocks
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Nikita Vashisht New Delhi

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Shares of small finance banks (SFBs) flexed muscles on the bourses in the month of April, after their March quarter business updates showed double digit growth in advances and deposits.

Suryoday Small Finance Bank stock price has jumped 20.4 per cent so far this month, while stock price of Ujjivan SFB has surged 18.3 per cent. ESAF Small Finance Bank stock price, Jana Small Finance Bank stock price, AU Small Finance Bank stock price, Utkarsh Small Finance Bank stock price, and Equitas Small Finance Bank stock price, meanwhile, have moved up in the range of 6.4 per cent to

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First Published: Apr 16 2024 | 10:59 AM IST

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