AU Small Finance Bank has demonstrated strong financial performance, showcasing significant growth in key business metrics.

Deposit Growth

The bank reported a substantial year-over-year increase in deposits, with growth reaching 20.8%. This impressive expansion in the deposit base indicates growing customer trust and the bank's ability to attract funds effectively.

Advances Growth

AU Small Finance Bank's gross advances also saw a notable uptick, rising by 22.4% compared to the same period last year. This growth in lending activities suggests a robust demand for credit and the bank's capacity to expand its loan portfolio.

Performance Overview

To better illustrate the bank's performance, here's a summary of the key growth metrics:

The double-digit growth in both deposits and advances underscores AU Small Finance Bank's strong position in the market and its effective strategies in expanding its business operations.

While specific financial figures are not available, the substantial growth percentages indicate that AU Small Finance Bank is on a positive trajectory, potentially strengthening its market position in the small finance banking sector.

The bank's ability to grow its deposit base faster than the industry average could be a sign of increasing customer confidence and effective marketing strategies. Similarly, the growth in gross advances might suggest a robust credit assessment process and an expanding customer base for loans.

As AU Small Finance Bank continues to show strong growth in these key areas, it will be interesting to observe how this performance translates into overall profitability and market share in the future.

AU Small Finance Bank (AUSFB) has announced its provisional performance figures for the quarter ended September 30, showcasing strong growth across key financial metrics.

Deposit and Advance Growth

The bank reported a significant year-on-year increase in total deposits, which rose by 20.8% to reach ₹1,32,510.00 crores. This growth demonstrates the bank's ability to attract and retain customer deposits in a competitive market environment.

Gross advances also showed impressive growth, expanding by 22.4% year-on-year to ₹1,17,520.00 crores. This increase in lending activity suggests a healthy demand for credit and the bank's continued focus on expanding its loan portfolio.

CASA Performance

AUSFB's Current Account Savings Account (CASA) deposits grew by 9.7% year-on-year, reaching ₹38,960.00 crores. However, the CASA ratio stood at 29.4%, down from 32.4% in the same period last year. This slight decline in the CASA ratio might indicate a shift in the deposit mix, possibly due to customers opting for higher-yielding term deposits in the current interest rate environment.

Quarterly Performance

On a quarter-on-quarter basis, the bank demonstrated steady growth:

• Total deposits increased by 3.8%
• Gross advances rose by 5.3%
• CASA deposits grew by 4.6%

Loan Portfolio Expansion

The bank's gross loan portfolio, which includes securitized and assigned portfolios, expanded by 17.0% year-on-year to ₹1,22,870.00 crores. This growth in the overall loan book reflects the bank's continued focus on credit expansion while potentially managing risk through securitization.

Financial Highlights

Cautionary Note

The bank has emphasized that these figures are provisional and subject to review by the Audit Committee, Board of Directors, and Statutory Auditors. The official announcement of the financial results for the quarter ended September 30 is pending.

AU Small Finance Bank's performance in Q2 reflects its continued growth trajectory and its ability to expand its deposit base and loan portfolio. The bank's strong year-on-year growth in deposits and advances, coupled with the expansion of its loan portfolio, positions it well in the competitive small finance banking sector. However, the slight decline in the CASA ratio may be an area for the bank to focus on in the coming quarters.