AU Small Finance Bank's Gross Advances Up 23% On Year In April-June

AU Small Finance Bank Ltd. said its gross advances rose 23.1% on year to ₹1.12 trillion as of June 30. The lender’s total deposits grew 31.3% on year and 2.8% sequentially to ₹1.28 trillion.

Current and savings account deposits stood at ₹372.40 billion, with a CASA ratio of 29.2%. The bank’s gross loan portfolio reached ₹1.18 trillion, marking a 17.9% on-year growth, according to provisional data shared Thursday.