AU Small Finance Bank rises 2% on stable asset quality of vehicle financing segment

Money Control | Sep 18, 2019 at 11:19 AM
  • Shares of AU Small Finance Bank gained 1.6 percent intraday on September 18 after brokerage firm Citi said the company has a stable asset quality of vehicle financing segment.
  • AU Small Finance Bank reported 40 percent growth in loans, 56 percent growth in profit of Q1FY20 with stable asset quality.
  • Its net interest income increased by a whopping 38 percent YoY in Q1.