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AU Small Finance Bank raises NRI deposit rates by 30-60 basis points - The Economic Times
AU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on FCNR-B deposits to seven point four percent. NRE deposit rates were also increased to seven point six percent for specific tenures. FCNR-B deposits attract dollar inflows and protect against exchange rate fluctuations. The bank seeks liability-led asset growth through these deposit channels.
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thehindubusinessline.com
AU Small Finance Bank’s Q1FY27 net profit up 37% at ₹796 cr
AU Small Finance Bank reports a 37% rise in Q1FY27 net profit to ₹796 crore, driven by increased net interest income and improved asset quality.
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newsbytesapp.com
AU Bank's Q1 profit rises 37% YoY to ₹796cr
AU Small Finance Bank's Q1 net profit soared 37% to Rs 796 crore, driven by strong loan growth and improved asset quality, with gross NPA dropping to 2.1%.
