AU Small Finance Bank Q1 net rises 37% to ₹796 crore

AU Small Finance Bank saw net profit rise thirty-seven percent to ₹796 crore. This growth was driven by better asset quality and healthy business expansion. Pre-provision operating profit increased nine percent year-on-year to ₹1435 crore. Net interest income surged thirty-two percent, boosting overall financial performance. The bank also announced Yogesh Jain's elevation to deputy chief executive officer.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/wWFcH4Z
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