Economic TimesLean R·
AU Small Finance Bank Q1 net profit jumps 37% to Rs 796 crore
Kolkata: AU Small Finance Bank on Saturday reported a 37% jump in first quarter net profit at Rs 796 crore over Rs 581 crore in the year ago period, backed by improved asset quality, normalisation of unsecured loans and healthy business growth.The Jaipur-headquartered lender, which is in a transition into a universal bank, also announced the elevation of chief operating officer Yogesh Jain to deputy chief executive officer to strengthen the leadership bandwidth.Its pre-provision operating profi…
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