AU Small Finance Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).
The bank has reported 44.44% rise in its net profit at Rs 386.90 crore for the quarter under review as compared to Rs 267.87 crore for the same quarter in the previous year. Total income of the bank increased by 40.12% at Rs 2,773.46 crore for Q1FY24 as compared Rs 1,979.35 crore for the corresponding quarter previous year.
AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused nonbanking finance company (NBFC), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels.
Company Name | CMP |
---|---|
HDFC Bank | 1581.35 |
ICICI Bank | 1114.60 |
Axis Bank | 1187.65 |
Indusind Bank | 1483.75 |
Kotak Mahindra Bank | 1728.35 |
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