RBI lending norms eased, AU Banks in a strong position: SEBI RA
RBI eased priority sector lending norms for small finance banks, cutting the PSL requirement to 60% from FY26. Analyst Deepak Pal sees AU Bank as a key beneficiary, backed by strong asset quality, 5.9% NIM, and bullish charts. A pullback to ₹775-780 may offer fresh entry for ₹850 target.