AU Small Finance Bank’s total deposits up 49% in Q3FY22


AU Small Finance Bank’s total deposits grew 49% to Rs 44,278 crore as of December 31, 2021 (Q3FY22), as compared to Rs 29,708 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 39,034 crore as of September 2021. Gross Advance stood at Rs 40,723 crore as of December 31, 2021, posting a 33% rise in year-on-year (YoY) terms against Rs 30,523 crore as of December 31, 2020 and in quarter-on-quarter (QoQ) basis stood at Rs 36,405 crore in September 2021.

Loan Assets under management (AUM) stood at Rs 42,027 crore as of December 31, 2021, posting a 27% rise in year-on-year (YoY) terms against Rs 33,222 crore as of December 31, 2020. The CASA ratio stood at 39% as of December 31, 2021 versus 30% as of September 2021.

AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused nonbanking 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.



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