Brief: AU Small Finance Bank- Provisional Q2 Gross Advances Up 24% YoY

AU Small Finance Bank

04/10/2023 03:56

Oct 4 (Reuters) - AU Small Finance Bank Ltd  AUFI.NS :
    * AU SMALL FINANCE BANK LTD-  PROVISIONAL GROSS ADVANCES UP
24%
YOY AS OF END SEPT
    * AU SMALL FINANCE BANK LTD-  PROVISIONAL TOTAL DEPOSITS UP
30%
YOY AS OF END SEPT
    * AU SMALL FINANCE BANK LTD-  AVERAGE COST OF FUNDS FOR Q2
INCREASED BY 12BPS QOQ TO 6.70% AS AGAINST 6.58% IN Q1
    * AU SMALL FINANCE BANK LTD- SYSTEMIC LIQUIDITY CONTINUED TO
REMAIN TIGHT
    * AU SMALL FINANCE BANK LTD- CREDIT DEMAND REMAINS RESILIENT
    * AU SMALL FINANCE BANK LTD- ASSET QUALITY CONTINUES TO
FOLLOW
SEASONAL TREND AND REMAINS WITHIN RANGE

Source text for Eikon:  ID:nBSE3WJM1R 
Further company coverage:  AUFI.NS 

 ((Reuters.Briefs@thomsonreuters.com;))