AU Small Finance Bank has reported 50% growth in loans and 42% growth in PAT of Q4 FY19. Q4 FY19 Disbursements crossed Rs 5,000 crore mark.
AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused non-banking 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.