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via thehindubusinessline.comBusiness & Companies

AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

AU Small Finance Bank posts a 53% Q2 profit rise to ₹858 crore on higher interest income, with improved asset quality and NIM.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA sharp quarterly profit rise with better asset quality is a positive signal for the bank.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2 profit rose 53% to Rs 858 crore.
  2. 02The growth was driven by higher interest income.
  3. 03Asset quality and net interest margin both improved.

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