AU Small Finance Bank on July 25 reported a 29.9 percent on-year rise in its net profit to Rs 502.57crore in the first quarter of the current financial year.
On sequential basis, net profit of the bank increased 35.5 percent.
In the reporting quarter, gross non-performing assets (NPA) ratio stood at 1.78 percent as on June 30, as compared to 1.67 percent as on March 31, and 1.76 percent as on June 30, 2023.
Net NPA ratio of the bank stood at 0.63 percent in June quarter, as against 0.55 percent each in a quarter ago as well as year ago period.
(This is a developing story, please check back for more details)
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