AU Small Finance Bank Limited — Important, 04-01-2025: Updates

Total deposits for the quarter ended December 31, 2024, reached ₹1,12,260 Cr, up 2.3% QoQ and an impressive 14.9% YTD. CASA deposits declined by 3.2% QoQ to ₹34,400 Cr, with CASA ratio settling at 30.6%. Gross advances surged by 5.2% QoQ to ₹1,00,990 Cr, reflecting robust demand, and were up 16.8% YTD. The total gross loan portfolio, including securitized/assigned assets, is now ₹1,08,920 Cr, a 3.7% increase QoQ and 12.9% YTD. The merger with Fincare SFB, effective April 1, 2024, appears to be driving substantial growth, positioning AU Bank well for future opportunities in the market. Monitoring upcoming official results will be crucial to assess the full impact of these figures. Positive outlook for continued expansion anticipated.