AUBANKAU Small Finance Bank

AU Small Finance Bank's deposits rise 28.6% to ₹1.70 lakh crore in the September quarter

AU Small Finance Bank's provisional update shows deposits up 28.6% and gross advances up 27.9% from a year earlier.

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What happened

  • Total deposits were ₹1,70,460 crore, up 28.6% year on year and 8.1% from the previous quarter, according to Kotak Neo and TipRanks.
  • CASA deposits were ₹50,290 crore, up 29.1% year on year; the CASA ratio was 29.5%.
  • Gross advances were ₹1,50,290 crore, up 27.9% year on year and 7% on the quarter.
  • Including securitised and assigned portfolios, the gross loan portfolio was ₹1,53,770 crore, up 25.1%. The bank said the numbers are provisional and subject to audit committee, board and auditor review.

Why it matters

Good to know: Gross advances are loans before provisions are deducted. A securitised or assigned loan has been sold on to other investors but still counts in the wider loan portfolio the bank manages.

Key facts

Total deposits
₹1,70,460 crore (+28.6% YoY)
CASA ratio
29.5%
Gross advances
₹1,50,290 crore (+27.9% YoY)
Gross loan portfolio
₹1,53,770 crore (+25.1% YoY)

Read the source

This is a summary of public news about AU Small Finance Bank, for information only. It is not a recommendation to buy, sell or hold AUBANK.

AU Small Finance Bank in the news before

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