AU Small Finance Bank said it received its shareholders approval for Singapore-based Temasek to invest around Rs 1,000 cr in the bank for a stake of around 5%. “This is the largest primary capital infusion in AU Bank and its first ever since their last raise in fiscal 2012,” said the bank, which went public […]
AU Small Finance Bank, which was formed a little over two years ago, said it has started offering interest of 6.5% for its savings account holders with balance above Rs 1 lakh. This makes the bank the only one to offer such a high interest rate on its savings account. The bank was earlier giving […]
AU Small Finance Bank reported net interest income of Rs. 220 crore in the second quarter ended September, up 12% on year. Total Income was Rs 508 crore, up 41% and PAT was Rs 68 crore for Q2FY18 as against Rs 62 crore in Q1FY18. “Q2 was the first full quarter of operations as a […]
