AU Small Finance Bank’s Advances Grow 29%, Deposits Grow 27% in Q1

  • Jaipur-based AU Small Finance Bank’s advances grew 29% year-on-year (YoY) to Rs 63,635 crore in the first quarter of 2023 (Q1).
  • The bank’s deposits also grew by 27% YoY to Rs 69,315 crore in Q1.
  • Current account and savings account (CASA) deposits grew by 14% YoY to Rs 24,286 crore in Q1.
  • The bank opened around 49,000 savings accounts via video banking + AU 0101 service in Q1.

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