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AU Small Finance Bank
AU Small Finance Bank, the first SFB in over a decade to receive in-principle approval from the Reserve Bank of India (RBI) to transition into a universal bank, on Friday announced RBI's nod for the reappointment of Sanjay Agarwal as its Managing Director & Chief Executive Officer. The reappointment for a further period of 3 years is effective April 19, 2026, the bank said in a statement. This follows earlier approvals from the Board on October 17, 2025, and shareholders on December 26, 2025, subject to RBI's confirmation, it said. Agarwal first became MD of AU Financiers on February 14, 2008, and subsequently MD & CEO of AU Small Finance Bank on April 19, 2017, when the institution transitioned into a bank, it said. Since then, each of his terms -including the ongoing one from April 19, 2023 to April 18, 2026, has been approved by RBI, it said. This latest approval marks his third consecutive RBI-sanctioned term post conversion, underscoring long-term stability, strong ...
AU Small Finance Bank Ltd on Tuesday reported a 26 per cent jump in profit after tax to Rs 668 crore for the third quarter ended December 2025. The Jaipur-based bank had posted a profit after tax of Rs 528 crore in the corresponding period last year. The total income of the bank rose 16 per cent to Rs 3,065 crore during the quarter under review from Rs 2,641 crore in the same period of last year, AU Small Finance Bank said in a regulatory filing. The bank's net interest income also grew 16 per cent to Rs 2,341 crore in the quarter from Rs 2,023 crore in the third quarter of the previous fiscal (FY25). On the asset quality front, the gross Non-Performing Assets (NPAs) remained unchanged at 2.3 per cent at the end of December 2025 from the year earlier. Shares of the bank settled 1.95 per cent lower at Rs 1,000.8 on the BSE.
AU Small Finance Bank (AU SFB), which recently received the RBI's in-principle approval to transition into a universal bank, has roped in film actors Ranbir Kapoor and Rashmika Mandanna as its brand ambassadors. The partnership strengthens AU SFB's effort to build a preferred national banking brand with strong consideration across urban, metro, and deeper Bharat markets, the bank said in a statement on Monday. The collaboration supports AU SFB's focus on driving stronger preference for its core product strengths in Savings Accounts and Current Accounts, it said. "As we prepare for our transition into a Universal Bank, strengthening customer consideration for our core offerings becomes even more important. Ranbir and Rashmika connect deeply with different parts of India and different types of audiences," AU SFB MD & CEO Sanjay Agarwal said. This association will add momentum to its next phase of growth by elevating brand relevance, widening reach across key markets, he added.
AU Small Finance Bank on Friday reported a 2 per cent dip in net profit at Rs 561 crore for the second quarter ended September 30. The bank had a net profit of Rs 571 crore in the July-September quarter of FY25. Net total income rose 9 per cent to Rs 2,857 crore, while operating expenses was up 11 per cent Y-o-Y to Rs 1,647 crore during the quarter. Provisioning during the quarter rose 29 per cent to Rs 481 crore. Total deposits stands at over Rs 1.32 lakh crore with 21 per cent YoY growth. Shares of AU Small Finance Bank closed at Rs 793.75, down 0.41 per cent over previous close on BSE.
AU Small Finance Bank on Saturday posted a 16 per cent growth in net profit to Rs 581 crore during the first quarter of this financial year. The Jaipur-based bank had earned a net profit of Rs 503 crore in the same quarter of the previous fiscal year. The total income rose to Rs 5,189 crore during the June 2025 quarter from Rs 4,278 crore in the same period of FY25, AU Small Finance Bank said in a regulatory filing. Interest earned by the bank improved to Rs 4,378 crore compared to Rs 3,769 crore in the June quarter of FY25. Net interest income rose to Rs 2,045 crore during the quarter against Rs 1,921 crore a year ago. The bank's operating profit also increased to Rs 1,312 crore from Rs 952 crore in the year-ago period. However, the bank's asset quality witnessed deterioration, as gross non-performing assets (NPAs) rose to 2.47 per cent of gross advances at the end of the June quarter, from 1.78 per cent a year ago. Gross loan portfolio (GLP) grew 18 per cent to Rs 1,17,624 cro
AU Small Finance Bank on Wednesday said it has appointed two independent directors and a number of senior executives across verticals. The two independent directors are Nandkumar Saravade - a former IPS officer and an expert in cyber security, fraud risk and regulatory technology- and Jagajit Mangal Prasad, having an experience of over three decades in human capital strategy. Besides, the bank has appointed Yogesh Jain as Chief Operating Officer, Vivek Tripathi as Chief Credit Officer and Dhavan Shah as Head (Commercial Banking). Avinash Sharan has been elevated to Head (Branch Banking) and Arvind Butola as National Business Head (Credit Cards & Unsecured Loans), the bank said in a statement. "New appointments and our senior leaders stepping into enhanced roles, reflecting our readiness to serve a more diverse India, to manage scale with sustainability, and to create enduring value through 'samajhdaari', 'imaandaari' and 'zimmedaari'," Sanjay Agarwal , Founder, MD & CEO, AU ...