Latest News on AU Small finance Bank
Senior citizens can earn up to 8% interest rate on 5-year fixed deposits; compare the top FD rates offered by public, private, and small finance banks
For senior citizens seeking stable and fixed income, there are still attractive fixed deposit (FD) options available, despite many leading banks and small finance banks slashing their FD interest rates. Currently, a few banks offer FD rates of up to 8% on their five-year senior citizen FDs. The interest rates vary among public and private sector banks, as well as small finance banks, for FDs of the same duration.
Small finance banks offer the highest five-year FD interest rates for senior citizens, with Suryoday Small Finance Bank providing an 8% interest rate, followed by Jana Small Finance Bank at 7.77%, and Ujjivan Small Finance Bank at 7.7%. Other small finance banks, such as Utkarsh Small Finance Bank, Equitas Small Finance Bank, and AU Small Finance Bank, offer interest rates ranging from 7.5% to 7.25%.
Among private sector banks, IDFC Bank, Yes Bank, and SBM Bank India offer a 7.5% interest rate each on their five-year fixed deposits for senior citizens. Other private sector banks, such as DCB Bank, Axis Bank, and RBL Bank, offer interest rates ranging from 7.25% to 7.1%.
Public sector banks also offer competitive interest rates, with State Bank of India providing a 7.05% FD interest rate on its five-year senior citizen FD. Bank of Baroda offers a 6.9% rate, while Bank of India and Canara Bank offer a 6.75% rate each on their five-year FDs for senior citizens.
Overall, senior citizens have a range of options to choose from, with interest rates varying from 8% to 5.5% depending on the bank and the duration of the FD. It is essential for senior citizens to compare the interest rates and terms offered by different banks to make an informed decision that suits their financial needs. By choosing the right FD option, senior citizens can ensure a stable and fixed income, which can help them manage their expenses and maintain their standard of living.
Small finance banks set sights on poaching top talent from bigger rivals to fuel growth
India’s small finance banks (SFBs) are expanding their horizons and preparing for a transition to universal banking. To achieve this, they are aggressively hiring senior executives from larger banks and non-bank financiers to strengthen their leadership and scale their businesses. Several prominent SFBs, including AU Small Finance Bank, Ujjivan Small Finance Bank, Suryoday Small Finance Bank, and Utkarsh Small Finance Bank, are looking to onboard senior executives, including key business officers, vice-presidents, and executive vice-presidents.
The move highlights the growth of the SFB sector, which has demonstrated significantly higher hiring momentum compared to the broader banking sector. In 2025, SFBs added 26,736 employees, a 18% increase in their workforce, while public sector banks added 1,626 people and private sector banks reduced their staff strength by 7,257. SFBs are attracting talent by offering “bump ups” in compensation and significant role elevation.
The Reserve Bank of India (RBI) has set out guidelines for SFBs to transition to universal banks, including a minimum net worth of ₹1,000 crore, a satisfactory track record of at least five years, and a net profit in the last two financial years. AU Small Finance Bank has already received a conditional nod from the RBI, while others, like Ujjivan, are still awaiting regulatory approval.
SFBs are not just scouting talent for senior roles but are also looking at junior ones, with a 30% increase in hiring in junior levels. They are recruiting sales executives typically from other banks and non-banking financial companies (NBFCs). The aggressive hiring by SFBs reflects their ambition to expand and become universal banks, which would require branch expansion and more people at various levels.
The SFB sector has made significant progress since its inception in 2014, with a compounded annual growth rate of 28% in deposits and 25% in advances between FY22 and FY25. However, they still face challenges, such as low-cost deposits, with their current and savings account (Casa) deposits at 26.2% of overall deposits, lower compared to universal banks. Nevertheless, SFBs are poised for a more complex phase of growth, and their ability to attract and retain talent will be critical to their success.
AU Small Finance Bank bolsters its leadership position with a 26% surge in quarterly profits
AU Small Finance Bank is gearing up for its transition into a universal lender, with a focus on continuity in senior management and strengthening its board. The bank has proposed the continuation of Uttam Tibrewal as Executive Director and Deputy CEO, and Vivek Tripathi as Executive Director, subject to regulatory approvals. Tibrewal will remain responsible for leading key business verticals, including retail assets and liabilities, while Tripathi will take on a new role. These appointments are part of the bank’s long-term succession planning and aim to provide flexibility for future organizational requirements.
In addition to these appointments, the bank has strengthened its board by appointing three new independent directors: NS Venkatesh, Satyajit Dwivedi, and Phani Shankar. Malini Thadani has also been re-appointed as a non-executive independent director for a second term of three years. These appointments are expected to enhance the bank’s governance and leadership depth.
The bank’s financial performance for the third quarter was strong, with a 26% rise in net profit to Rs 668 crore, driven by lower provisions and steady business expansion. The bank’s pre-provision operating profit remained flat at Rs 1215 crore, while its net interest margin (NIM) increased by 25 basis points to 5.7%. The bank’s gross loan portfolio grew 19.3% year-on-year to Rs 1.30 lakh crore, and its gross non-performing assets (NPA) ratio declined sequentially to 2.30% from 2.41% three months prior.
The bank received an in-principle universal bank license in August last year and has an 18-month turnaround time to complete the transition. With its strengthened board and senior management, AU Small Finance Bank is well-positioned to navigate this transition and achieve its goals. The bank’s focus on continuity and succession planning is expected to provide stability and flexibility for future growth, and its strong financial performance is a testament to its ability to execute its strategy effectively. Overall, AU Small Finance Bank is poised for continued growth and success as it transitions into a universal lender.
Five Banks, Including City Union Bank, DCB Bank, and J&K Bank, Hike Fixed Deposit Rates, Offering Up to 7.65% Interest for Senior Citizens
This week, six banks in India revised their fixed deposit (FD) rates, continuing a trend of reductions over the past few months. The revised rates for senior citizens now range between 6.50% and 8.00% across most banks. The banks that revised their FD rates include City Union Bank, DCB Bank, J&K Bank, South Indian Bank, Kotak Mahindra Bank, and AU Small Finance Bank.
City Union Bank, a private sector bank, revised its FD interest rates on January 14, 2026. The bank is now offering senior citizens a deposit rate of 7.25%, while super senior citizens (those 80 years and above) can earn a deposit rate of 7.50%. The revised interest rates for senior and super senior citizens at City Union Bank vary depending on the tenure of the deposit. For senior citizens, the rates are: 7.00% for 365-499 days, 7.25% for 500 days, 6.75% for 501 days to three years, and 6.50% for above three years to 10 years.
For super senior citizens, the rates are slightly higher: 7.05% for 365-499 days, 7.50% for 500 days, 6.80% for 501 days to three years, and 6.60% for above three years to 10 years. These revised rates are indicative of the current market trend, where banks are adjusting their interest rates in response to changes in the economy and monetary policy. It is essential for depositors to review the revised rates and consider their options before making any investment decisions. The changes in FD rates may impact the returns on deposits, and individuals should evaluate their financial goals and risk tolerance before choosing a deposit tenure and bank.
Small Finance Banks Poised for 24% Surge: The Future Challengers to HDFC Bank’s Throne?
The small finance bank (SFB) sector in India is experiencing significant growth, with loan books expanding at a compound annual growth rate (CAGR) of 20-25%. This growth is driven by lending to small businesses, housing, and vehicles, as well as an increase in deposit mobilization. The sector is expected to reach total advances of over ₹2 trillion by fiscal year 2026. The Reserve Bank of India’s (RBI) new roadmap for SFB-to-Universal Bank transitions is also supporting the sector’s growth.
Several SFBs have reported strong performance in the second quarter of FY26. AU Small Finance Bank reported a 17% year-on-year loan book expansion, with deposits growing 21% and a net profit of ₹561 crore. Ujjivan Small Finance Bank saw its loan book grow 14% year-on-year, with deposits rising 15.1% and a net profit of ₹122 crore. Capital Small Finance Bank posted loan book growth of around 18% year-on-year, with deposits increasing 20% and a net profit of ₹35 crore. Suryoday Small Finance Bank experienced strong business growth, with deposits up 35.5% and the loan book expanding 18.9%, but its asset quality weakened and net profit declined.
The valuations of these SFBs vary significantly, with AU Small Finance Bank trading at approximately four times book value and Ujjivan SFB trading at 1.9 times book. Capital SFB and Suryoday SFB trade below book value, indicating subdued valuations due to higher risks or uneven performance. Investors must carefully select SFBs based on consistent growth, controlled risks, and improving profitability.
The SFB sector’s growth is driven by several factors, including the increasing demand for financial services from small businesses and individuals, and the government’s initiatives to promote financial inclusion. The sector’s expansion is also driven by the RBI’s efforts to strengthen the banking system and promote the growth of SFBs. However, the sector also faces challenges, such as intense competition, regulatory risks, and the need to maintain asset quality.
Overall, the SFB sector in India is experiencing significant growth and is expected to continue to play an important role in promoting financial inclusion and supporting the country’s economic growth. Investors must carefully evaluate the performance and valuations of individual SFBs to make informed investment decisions. With the sector’s growth expected to continue, SFBs are evolving from niche micro-lenders into systemic players, and their transition to universal banks is likely to have a significant impact on the Indian banking landscape.
Stock market Info of AU Small Finance Bank
Latest Updates from AU Small Finance Bank
Small Finance Banks Poised for 24% Surge: The Future Challengers to HDFC Bank’s Throne?
The small finance bank (SFB) sector in India is experiencing significant growth, with loan books expanding at a compound annual growth rate (CAGR) of 20-25%. This growth is driven by lending to small businesses, housing, and vehicles, as well as an increase in deposit mobilization. The sector is expected to reach total advances of over ₹2 trillion by fiscal year 2026. The Reserve Bank of India’s (RBI) new roadmap for SFB-to-Universal Bank transitions is also supporting the sector’s growth.
Several SFBs have reported strong performance in the second quarter of FY26. AU Small Finance Bank reported a 17% year-on-year loan book expansion, with deposits growing 21% and a net profit of ₹561 crore. Ujjivan Small Finance Bank saw its loan book grow 14% year-on-year, with deposits rising 15.1% and a net profit of ₹122 crore. Capital Small Finance Bank posted loan book growth of around 18% year-on-year, with deposits increasing 20% and a net profit of ₹35 crore. Suryoday Small Finance Bank experienced strong business growth, with deposits up 35.5% and the loan book expanding 18.9%, but its asset quality weakened and net profit declined.
The valuations of these SFBs vary significantly, with AU Small Finance Bank trading at approximately four times book value and Ujjivan SFB trading at 1.9 times book. Capital SFB and Suryoday SFB trade below book value, indicating subdued valuations due to higher risks or uneven performance. Investors must carefully select SFBs based on consistent growth, controlled risks, and improving profitability.
The SFB sector’s growth is driven by several factors, including the increasing demand for financial services from small businesses and individuals, and the government’s initiatives to promote financial inclusion. The sector’s expansion is also driven by the RBI’s efforts to strengthen the banking system and promote the growth of SFBs. However, the sector also faces challenges, such as intense competition, regulatory risks, and the need to maintain asset quality.
Overall, the SFB sector in India is experiencing significant growth and is expected to continue to play an important role in promoting financial inclusion and supporting the country’s economic growth. Investors must carefully evaluate the performance and valuations of individual SFBs to make informed investment decisions. With the sector’s growth expected to continue, SFBs are evolving from niche micro-lenders into systemic players, and their transition to universal banks is likely to have a significant impact on the Indian banking landscape.
Upcoming Q3 earnings: Kotak Bank, BHEL, IndiGo, and Hind Zinc set to announce results next week – here are the key dates
The week starting January 19 is expected to be a busy one for corporate earnings, with several major companies across various sectors announcing their financial results for the quarter ended December 31, 2025. On Monday, January 19, Punjab National Bank (PNB), IRFC, LTIMindtree, Bharat Heavy Electricals (BHEL), Hindustan Zinc, and Havells India are among the companies that will report their earnings. Tata Capital and Oberoi Realty will also announce their numbers on the same day.
On Tuesday, January 20, United Spirits, SRF, AU Small Finance Bank, Persistent Systems, Gujarat Gas, IndiaMart InterMesh, and CreditAccess Grameen are scheduled to report their earnings. Wednesday, January 21, will see results from Dr Reddy’s Laboratories, Tata Communications, Dalmia Bharat, Hindustan Petroleum (HPCL), Bank of India, UTI Asset Management, and Canara HSBC Life Insurance.
Thursday, January 22, will feature results from InterGlobe Aviation (IndiGo), DLF, Bandhan Bank, CAMS, Coforge, and Home First Finance. On Friday, January 23, JSW Steel, Bharat Petroleum (BPCL), IndusInd Bank, Cipla, Adani Green Energy, Urban Company, and Piramal Finance will announce their numbers. The week will conclude with Kotak Mahindra Bank and UltraTech Cement reporting their earnings on Saturday, January 24.
Some of the key companies to watch out for during the week include Reliance Industries, HDFC Bank, and ICICI Bank, which have already announced or are set to announce their earnings. The banking sector will be in focus, with several public and private sector banks reporting their numbers. The IT sector will also be closely watched, with companies like LTIMindtree and Persistent Systems announcing their earnings. Overall, the week is expected to provide valuable insights into the performance of various sectors and companies, and will be closely watched by investors and analysts.
Sanjay Agarwal: AU Bank achieved a tenfold growth, defying challenges from the COVID pandemic, interest rate fluctuations, and the NBFC crisis.
Sanjay Agarwal, MD and CEO of AU Small Finance Bank, reflected on the bank’s remarkable growth over the past nine years, during which its balance sheet has expanded tenfold. Despite navigating challenges such as the COVID-19 pandemic, high interest rates, and non-banking financial company (NBFC) crises, the bank has demonstrated resilience and adaptability. Agarwal attributed this success to the bank’s initial focus on high net-worth clients and its strategic partnership with HDFC Bank, which helped shape its approach to risk management, distribution, and franchise building.
Investor Raamdeo Agrawal praised AU Bank for its professional management and prudent decision to avoid unsecured lending in its early years, which enabled the bank to manage risk and achieve steady growth. Sanjay Agarwal highlighted the crucial role of technology in the bank’s growth, citing AI-led communication and operational tools that have enabled the bank to reach deeper markets and serve customers more efficiently. This has allowed AU Bank to scale faster than traditional banking models.
Agarwal emphasized the importance of building a strong leadership team that can run the institution independently, ensuring continuity beyond individual promoters. He credited mentorship from Raamdeo Agrawal, who encouraged him to think bigger, strengthen governance, and prioritize patience in building a lasting institution. Looking ahead, Sanjay Agarwal expressed confidence that AU Bank can grow into a much larger institution over the next two decades, driven by disciplined capital management, strong teams, and technology. The bank’s focus will be on longevity rather than short-term expansion, with a commitment to sustainable growth and long-term success. Overall, AU Bank’s story serves as a testament to the power of strategic leadership, prudent risk management, and innovative technology in driving growth and success in the banking sector.
Revolutionizing Banking: AU Small Finance Bank’s Digital Innovation Transforms Savings Accounts and Boosts Interest Rate Expansion
The banking industry is undergoing a significant transformation with the adoption of digital technology, particularly in the management of savings accounts. At AU Small Finance Bank, digital innovation has enabled customers to open, manage, and use their savings accounts more efficiently. The transition from traditional banking to digital channels has simplified the savings account journey, allowing customers to access banking services without being dependent on a specific branch. Digital processes have also reduced operational complexity and costs for banks, enabling them to deliver more efficient services and offer competitive savings account interest rates.
Technology plays a crucial role in improving the customer experience, with features such as automated transfers, digital interest calculators, and mobile-based banking. These tools support disciplined saving, improve financial planning, and provide transparency in balances and interest rates. The removal of the need for a fixed home branch has also provided customers with flexibility and continuity of service across locations.
The key digital features supporting savings accounts include automated savings and account management, AI-enabled customer support, secure digital platforms, and advanced analytics. These features improve efficiency, consistency, and security in savings account operations. The benefits of digitally enabled savings accounts for customers include easy access, transparency, flexibility, and tools that support disciplined saving. For banks, the benefits include lower operating costs, scalable service models, improved customer engagement, and data-backed product structuring.
As digital adoption continues to increase, the savings account is expected to remain a core banking product supported by technology. Future developments are likely to focus on improved security, enhanced digital access, and structured savings solutions aligned with customer needs. The AU Savings Account is an example of a product that reflects this shift towards digital, accessible, and structured banking solutions. Overall, digital innovation is reshaping the way savings accounts function, making them more efficient, accessible, and reliable financial tools. With the continued growth of digital banking, customers can expect to see more innovative and customer-centric savings account products in the future.
AU Small Finance Bank Unveils Exclusive Pongal Deals for Tamil Nadu-Based Customers
AU Small Finance Bank (AU SFB) is celebrating the Tamil Nadu festival of Pongal by offering exclusive deals and discounts to its customers in Chennai. As the largest small finance bank in India, AU SFB is enhancing the festive experience with a range of offers across various categories, including fashion, electronics, travel, dining, jewelry, and entertainment.
The festive offers include discounts of up to 10% on fashion and groceries, with partners such as AJIO, Spykar, and Flipkart Wholesale. Customers can also avail of up to ₹10,000 off on mobiles and appliances at Croma, and up to ₹10,000 off on flights and holiday bookings via various travel websites, including EaseMyTrip, MakeMyTrip, and Paytm Flights. Additionally, there are discounts of up to ₹1,000 off on dining and entertainment, with partners such as Zomato, Swiggy, and BookMyShow.
In the jewelry category, customers can enjoy a flat ₹6,000 off on studded and diamond jewelry, and 20% off on making charges for gold jewelry at Kalyan Jewellers. There is also a flat ₹1,000 off on silver jewelry at GIVA. These offers are available for a limited period during the Sankranti celebrations and are applicable on select AU Credit and Debit Cards.
Uttam Tibrewal, ED & Deputy CEO of AU Small Finance Bank, stated that the bank is committed to delivering value-added experiences to its customers, especially during festivals like Pongal. As the bank moves closer to becoming a Universal Bank, it aims to provide not just banking services but meaningful experiences that enhance people’s lives. Customers can visit the bank’s website or explore the AU 0101 App to know more about the offers and their terms and conditions. Overall, AU SFB’s Pongal offers are designed to make the festive season more rewarding and enjoyable for families across Tamil Nadu.
Empowering Customers to Reach New Heights: How the AU Credit Card Supports Financial Aspirations
The AU credit card, offered by AU Small Finance Bank, is a financial tool designed to support individuals and businesses in managing expenses, building credit, and planning ahead. With transparent terms, practical features, and reliable digital access, the card enables customers to manage everyday spending with ease. The AU 0101 App provides clear transaction records, simple account visibility, and convenient access to key account details and transaction updates.
The card features a transparent interest structure, allowing customers to plan repayments effectively and avoid uncertainty. Easy access to statements and payment schedules helps customers make informed decisions and maintain financial discipline. Responsible use of the credit card contributes significantly to building a strong credit profile, and the card supports this process by encouraging timely repayments and balanced usage.
For businesses, AU Small Finance Bank offers commercial credit card solutions designed to simplify expense tracking and cash flow management. These solutions feature structured spending limits and detailed reporting, reducing administrative effort and improving operational efficiency. The card experience is secure and reliable, with advanced monitoring systems, real-time alerts, and secure digital access protecting customers from unauthorized activity.
The AU credit card is a practical financial tool that supports everyday spending, responsible credit usage, and long-term financial goals. Backed by the expertise of AU Small Finance Bank and supported by intuitive digital access, it offers customers a balanced combination of convenience, transparency, and security. The card is a dependable choice for modern financial needs, providing individuals and businesses with the tools they need to manage their finances effectively.
With the rise of digital payments and online transactions, a secure and reliable credit card is essential for individuals and businesses. The AU credit card provides customers with the confidence to make transactions, knowing that their financial information is protected. The card’s features and benefits make it an attractive option for those looking for a convenient and transparent financial tool. Overall, the AU credit card is a valuable resource for individuals and businesses seeking to manage their finances effectively and achieve their long-term financial goals.
AU Small Finance Bank Unveils Its 2024-25 Sustainability Report, Emphasizing Commitment to Banking that Benefits Both People and the Planet, Driving Inclusive Progress.
AU Small Finance Bank (AU SFB) has released its fourth Sustainability Report, highlighting the bank’s commitment to transparency and accountability across four key pillars: Sustainable Finance, Operations, Communities, and Reporting. The report showcases the bank’s progress in various areas, including climate action, financial inclusion, and governance excellence.
One of the significant achievements of AU SFB is the mobilization of ₹1,178 crore for climate-positive projects through its Green Deposits, with ₹958.81 crore supporting renewable energy projects, ₹90.51 crore financing electric vehicles, and ₹1.48 crore advancing green building initiatives. The bank has also outperformed financial inclusion norms, with 32% of its branches located in unbanked rural centers, exceeding the mandated 25%.
In addition to its financial achievements, AU SFB has invested ₹43 crore in corporate social responsibility (CSR) initiatives, benefiting over 2.72 lakh individuals through flagship programs such as AU Ignite, AU Udyogini, and AU Bano Champion. The bank has also achieved an Employee Happiness Index of 86%, delivered 2.09 million training hours, and maintained an average of 32 training hours per employee per year, reflecting its focus on human capital and well-being.
The report has been prepared in alignment with the Global Reporting Initiative (GRI) Standards and the Securities and Exchange Board of India’s Business Responsibility and Sustainability Reporting (SEBI BRSR) framework. It captures the bank’s performance for the financial year 2024-25 and has been independently assured by Intertek India.
AU SFB has also secured an AA (Leader) ESG rating by MSCI, with a Low-Risk score of 17.1 by Sustainalytics, reinforcing its position as a responsible financial institution. The bank has partnered with IFC on Climate Risk Advisory, integrating physical and transition risks and financed emissions into credit and risk models, aligned with global best practices and RBI guidelines.
The bank’s Chairman, H R Khan, and Founder, MD & CEO, Sanjay Agarwal, have emphasized the importance of sustainability and the bank’s commitment to creating a future that is inclusive, resilient, and enduring. As AU SFB prepares to transition to a Universal Bank, it recognizes that greater scale means greater responsibility to its stakeholders, society, and the planet.
Overall, the report highlights AU SFB’s progress in integrating sustainability into its business strategy and operations, and its commitment to creating long-term value for its stakeholders while contributing to the well-being of the environment and society. With a strong foundation in place, AU SFB is well-positioned to achieve its goal of becoming a Universal Bank while maintaining its focus on sustainability and social responsibility.
The bank’s sustainability report is a testament to its commitment to transparency and accountability, and its efforts to create a positive impact on the environment and society. As the bank continues to grow and expand its operations, it is likely to play an increasingly important role in promoting sustainable development and financial inclusion in India.
In conclusion, AU SFB’s fourth Sustainability Report is a comprehensive document that showcases the bank’s progress in various areas of sustainability, including climate action, financial inclusion, and governance excellence. The report demonstrates the bank’s commitment to creating a sustainable future and its efforts to integrate sustainability into its business strategy and operations.
Indian Small Finance Banks Drive Employment Growth, Adding 26,736 New Jobs in FY25, According to scanx.trade
The Indian banking sector has witnessed significant job creation in the financial year 2024-2025, with Small Finance Banks (SFBs) taking the lead. According to a recent report, SFBs have created a total of 26,736 net new jobs in FY25, outpacing other banking segments. This impressive hiring spree is a testament to the growing importance of SFBs in the Indian banking landscape.
The significant expansion of SFBs can be attributed to their increasing focus on financial inclusion and outreach to underserved populations. These banks have been instrumental in providing banking services to rural and semi-urban areas, where traditional banks have limited presence. As a result, SFBs have been able to tap into the vast untapped market, leading to rapid growth and job creation.
The top SFBs that led the hiring charge in FY25 include Ujjivan Small Finance Bank, Equitas Small Finance Bank, and AU Small Finance Bank. These banks have not only expanded their branch networks but also invested heavily in digital infrastructure, enabling them to reach a wider audience and create new job opportunities.
The job creation by SFBs has been across various functions, including sales, marketing, customer service, and operations. The hiring has been focused on building a strong team to support the banks’ expansion plans and improve customer experience. The new recruits will be instrumental in driving business growth, improving operational efficiency, and enhancing customer satisfaction.
The growth of SFBs is expected to continue in the coming years, driven by the government’s push for financial inclusion and digital payments. The Indian government has set an ambitious target of achieving 100% financial inclusion, and SFBs are expected to play a crucial role in achieving this goal. As a result, the job creation in the SFB sector is likely to sustain, providing opportunities for job seekers in the banking and financial services industry.
In conclusion, the Small Finance Banks have emerged as a major driver of job creation in the Indian banking sector, with 26,736 net new hires in FY25. The growth of SFBs is a positive indicator of the Indian economy’s potential for financial inclusion and job creation. As the government continues to push for digital payments and financial inclusion, the SFB sector is expected to continue its expansion, creating new job opportunities and driving economic growth.
AU Small Finance Bank Reports Q3 Results: Deposits Increase by 23.3% Year-over-Year, Loans See 24% Growth – scanx.trade
AU Small Finance Bank has reported its Q3 results, showcasing significant growth in deposits and advances. The bank’s deposits have increased by 23.3% year-over-year (YoY), reaching a total of ₹73,336 crore. This substantial growth demonstrates the bank’s ability to attract and retain customers, further solidifying its position in the market.
Advances, which include loans and other credit facilities, have also witnessed remarkable growth, rising by 24% YoY to ₹55,849 crore. This increase is a testament to the bank’s effective lending strategies and its commitment to supporting the financial needs of its customers. The growth in advances is particularly noteworthy, as it indicates a strong demand for credit from the bank’s target segments, including micro, small, and medium-sized enterprises (MSMEs) and low-income households.
The bank’s asset quality has also shown improvement, with the gross non-performing assets (GNPA) ratio declining to 2.04% from 2.23% in the same quarter last year. This reduction in NPAs is a positive indicator of the bank’s prudent lending practices and its ability to manage credit risk effectively.
Net interest income (NII) has increased by 29.4% YoY to ₹1,035 crore, driven by the growth in advances and deposits. The bank’s net interest margin (NIM) has also expanded to 5.6% from 5.3% in the same quarter last year, reflecting the bank’s ability to maintain a healthy spread between its lending and deposit rates.
The bank’s operating expenses have increased by 24.5% YoY to ₹542 crore, primarily due to the expansion of its branch network and hiring of new employees. However, the bank’s cost-to-income ratio has remained stable at 41.6%, indicating that the bank is able to manage its expenses effectively.
Overall, AU Small Finance Bank’s Q3 results demonstrate the bank’s strong growth momentum and its ability to navigate the challenges of the current economic environment. The bank’s focus on financial inclusion, digital transformation, and customer-centricity is expected to drive its growth in the coming quarters. With its robust business model and commitment to serving the underserved segments, AU Small Finance Bank is well-positioned to achieve its long-term goals and create value for its stakeholders.
McCann Crafts Launches AU Small Finance Bank’s Latest Brand Campaign, Starring Ranbir Kapoor and Rashmika Mandanna.
AU Small Finance Bank (AU SFB) has launched a new brand campaign featuring Bollywood actors Ranbir Kapoor and Rashmika Mandanna. The campaign, titled “Soch Badlo, aur Bank Bhi” (Change Your Thinking, Change Your Bank), aims to encourage viewers to re-examine their banking choices and consider AU SFB as a more rewarding alternative. The campaign takes a creative departure from its predecessor, using humor, everyday conversations, and relatable character moments to drive its central premise.
The campaign highlights AU SFB’s strengthened product propositions, including higher interest rates on savings accounts, lifestyle benefits on debit cards, and a comprehensive current account suite for businesses. The bank’s digital infrastructure, including the AU 0101 App and AU 0101 Business App, is also showcased as a key differentiator in the market.
According to Sanjay Agarwal, Founder, MD & CEO of AU Small Finance Bank, the campaign inspires customers to reflect on their banking choices and offers a smarter, more intuitive banking experience. The campaign will run across television, digital platforms, social media, and print, strengthening AU’s reach across customer segments.
AU SFB has received in-principle approval from the Reserve Bank of India to transition into a Universal Bank and has established itself as India’s largest Small Finance Bank. The bank has a wide network of over 2,626 banking touchpoints across 21 states and 4 union territories, serving more than 1.2 crore customers.
The campaign has been created by McCann, and the films have been directed by Hemant Bhandari and produced by Chrome Pictures. With this renewed creative push, AU SFB reinforces its ambition to be the preferred banking partner for individuals and businesses across India.
The bank’s financial strength and investor trust are reflected in its ratings, including a ‘AA/Stable’ rating from CRISIL Ratings, ICRA Ltd., CARE Ratings, and India Ratings. Its fixed deposits carry a ‘AA+/Stable’ rating from CRISIL Ratings, demonstrating its commitment to offering customers a secure and rewarding banking experience. Overall, the campaign aims to position AU SFB as a leader in the banking industry, offering a unique and customer-centric approach to banking.
AU Small Finance Bank Receives Impressive Environmental, Social, and Governance Score – TipRanks
AU Small Finance Bank, a leading small finance bank in India, has achieved a high ESG (Environmental, Social, and Governance) rating. This achievement reflects the bank’s commitment to sustainable and responsible business practices, which are essential for creating long-term value for its stakeholders.
The ESG rating is a measure of a company’s performance on environmental, social, and governance factors. It assesses a company’s ability to manage risks and opportunities related to these factors, which can impact its financial performance and reputation. AU Small Finance Bank’s high ESG rating indicates that it has implemented robust policies and practices to manage its environmental footprint, promote social responsibility, and maintain strong governance standards.
The bank’s environmental initiatives include reducing its carbon footprint, conserving energy and water, and promoting sustainable lending practices. It has also implemented various social initiatives, such as financial inclusion programs, education and skill development programs, and community development projects. In terms of governance, the bank has a strong board of directors, a robust risk management framework, and a culture of transparency and accountability.
AU Small Finance Bank’s high ESG rating is a testament to its commitment to creating a positive impact on the environment and society while delivering strong financial performance. The bank’s ESG initiatives are aligned with the United Nations’ Sustainable Development Goals (SDGs) and are designed to contribute to the country’s sustainable development.
The achievement of a high ESG rating can have several benefits for AU Small Finance Bank, including enhanced reputation, improved access to capital, and increased investor confidence. It can also help the bank to attract and retain top talent, improve its relationships with stakeholders, and reduce its regulatory risks.
In recent years, ESG considerations have become increasingly important for investors, regulators, and other stakeholders. Companies with high ESG ratings are seen as more attractive investment opportunities, as they are considered to be better managed and more resilient to risks. AU Small Finance Bank’s high ESG rating is a significant achievement and demonstrates its commitment to sustainable and responsible business practices. It is expected to contribute to the bank’s long-term success and growth, while also creating a positive impact on the environment and society.
Overall, AU Small Finance Bank’s high ESG rating is a reflection of its dedication to creating a sustainable and responsible business model that benefits both its stakeholders and the environment. The bank’s focus on ESG initiatives is expected to continue to drive its growth and success in the future.
Ranbir Kapoor and Rashmika Mandanna have been appointed as the new brand ambassadors for AU Small Finance Bank.
AU Small Finance Bank (AU SFB) has announced the appointment of Ranbir Kapoor and Rashmika Mandanna as its brand ambassadors. This partnership aims to leverage the pan-India appeal of both actors to accelerate the bank’s transformation into a universal bank. Ranbir Kapoor’s widespread popularity and versatility make him an influential voice among urban professionals, while Rashmika Mandanna brings strong resonance among younger audiences nationwide, particularly in southern India.
The collaboration is expected to support AU SFB’s focus on driving stronger preference for its core product strengths in savings and current accounts. As a well-established liabilities franchise with a strong customer service philosophy, the bank aims to deepen consideration through high-visibility storytelling and relatable personalities who mirror the preferences of today’s banking customers.
The bank will launch an integrated 360-degree media campaign featuring both ambassadors across television, digital platforms, social media, and print. The campaign will highlight customer experience, product differentiation, and the bank’s expanding presence across India. The association is expected to add momentum to AU SFB’s next phase of growth by elevating brand relevance, widening reach across key markets, and supporting its ambition to become a preferred banking partner for customers across India.
According to Sanjay Agarwal, founder, MD, and CEO of AU Small Finance Bank, the appointment of Ranbir and Rashmika will help the bank speak to different parts of India and different types of audiences with clarity and confidence. The upcoming campaign will showcase the strengths of AU SFB’s product offerings and reinforce the promise of superior customer experience.
The partnership is a strategic move to build a preferred national banking brand with strong consideration across urban, metro, and deeper Bharat markets. With Ranbir and Rashmika on board, AU SFB aims to connect with diverse customer groups across the country and drive growth through its universal bank transformation. The bank’s focus on customer experience, product differentiation, and expanding presence across India is expected to support its ambition to become a leading banking player in the country.
Australia’s Credit Card Landscape is Undergoing a Significant Transformation: The Rise of Credit-First Everyday SpendingAlternatively, you could also consider these other options:* The Credit-First Revolution: How Australian Credit Cards are Changing the Way We Spend * From Cash to Credit: The Growing Trend of Credit-First Everyday Spending in Australia * Australia’s Shift to Credit-First Spending: The Role of Credit Cards in this Emerging Trend
The payment landscape in India is undergoing a significant transformation, with an increasing number of consumers opting to use credit cards for their everyday purchases. This shift is not about replacing traditional payment methods, but rather about adding convenience, rewards, and flexibility to daily spending. AU Credit Cards are at the forefront of this change, helping customers make their everyday transactions more value-driven and seamless.
There are several reasons why people are using credit cards for daily expenses. Firstly, credit cards offer a simple and single mode of payment that works across various categories and platforms, from grocery shopping to online orders and fuel purchases. Secondly, credit cards provide added value on everyday spends, such as rewards, benefits, and savings. Additionally, credit cards enable better expense management through monthly statements and app dashboards, making it easier to track and plan spending.
AU Small Finance Bank offers credit cards designed for everyday use, providing benefits that align with how customers already shop, pay, and live. These credit cards offer reward benefits on everyday spends, convenient tap-to-pay and online transactions, secure payments, easy EMI options, and hassle-free card management through the AU 0101 App.
The bank offers a range of credit cards to suit different lifestyles, including professionals, families, online shoppers, travel and lifestyle seekers, and individuals building their credit journey. The idea is to choose a card that matches one’s lifestyle, rather than the other way around.
To use credit cards wisely, it’s essential to pay bills on or before the due date, spend within a planned budget, monitor statements regularly, and use rewards intentionally. These practices help build and maintain a strong credit profile. The move towards credit-first everyday spending reflects a shift towards smarter financial choices, where payments are not just transactions but opportunities to earn value, stay organized, and enjoy convenience.
In conclusion, AU Credit Cards are designed to support this shift, with rewards, flexibility, and features that fit easily into everyday life. With the right credit card, everyday spending can become more rewarding and convenient. By choosing a credit card that complements one’s lifestyle, individuals can make the most of their daily purchases and enjoy the benefits that come with using credit cards responsibly.
AU Small Finance Bank launches ‘M’ Circle, a comprehensive financial platform designed specifically for women, offering a tailored banking experience.
AU Small Finance Bank has launched ‘M’ Circle, a comprehensive banking program designed specifically for women. The initiative aims to provide a holistic banking experience, catering to the unique financial needs and aspirations of women. ‘M’ Circle offers a range of benefits, including personalized banking services, exclusive discounts, and preferential rates on loans and deposits.
The program is designed to empower women financially, providing them with easy access to banking services, financial planning, and wealth management. ‘M’ Circle members will have access to a dedicated relationship manager, who will assist them in managing their finances, creating a personalized financial plan, and providing investment advice.
In addition to personalized banking services, ‘M’ Circle members will also enjoy exclusive benefits, such as preferential interest rates on loans and deposits, discounts on banking services, and special offers on credit cards. The program also includes a range of value-added services, including insurance, investment, and tax planning.
AU Small Finance Bank has partnered with various organizations to offer ‘M’ Circle members access to a range of products and services, including health and wellness programs, skill development workshops, and networking events. The bank has also launched a dedicated website and mobile app for ‘M’ Circle members, providing them with easy access to their account information, transaction history, and other banking services.
The launch of ‘M’ Circle is part of AU Small Finance Bank’s efforts to promote financial inclusion and empowerment of women. The bank believes that by providing women with access to comprehensive banking services, it can help bridge the financial gap and promote economic growth. ‘M’ Circle is available to all women, regardless of their income or occupation, and can be accessed through the bank’s website, mobile app, or by visiting any of its branches.
Overall, ‘M’ Circle is a unique initiative that aims to provide women with a holistic banking experience, empowering them to take control of their finances and achieve their financial goals. With its range of personalized services, exclusive benefits, and value-added offerings, ‘M’ Circle is poised to become a leading banking program for women in India. By promoting financial inclusion and empowerment of women, AU Small Finance Bank is contributing to the country’s economic growth and development.
AU Small Finance Bank Reaches Historic Peak, Demonstrating Unparalleled Expansion and Resilience
AU Small Finance Bank has achieved a significant milestone by reaching an all-time high on November 7, 2025. This achievement is attributed to the bank’s strong financial metrics and consistent growth trends. Over the past year, the bank has delivered an impressive return of 48.38%, outperforming the broader market by a substantial margin. In comparison, the broader market has only seen returns of 4.50% over the same period.
The bank’s robust performance is evident in its year-to-date increase of 59.91% and a remarkable 131.71% rise over the past five years. Additionally, AU Small Finance Bank has demonstrated resilience in the face of market fluctuations, outperforming its sector by 0.96% in a single day. The bank’s strong fundamentals are underpinned by a healthy average Return on Assets (ROA) of 1.71% and a high Capital Adequacy Ratio of 21.50%. This solid buffer against risks has enabled the bank to maintain its financial stability.
The bank’s net interest income has also grown at an impressive annual rate of 30.43%, contributing to its strong financial position. Furthermore, AU Small Finance Bank has high institutional holdings of 66.4%, indicating a high level of confidence from institutional investors. This has helped the bank solidify its status as a key player in the banking sector.
Overall, AU Small Finance Bank’s achievement of an all-time high is a testament to its strong financial performance and consistent growth trends. The bank’s robust fundamentals, high institutional holdings, and impressive returns make it an attractive investment opportunity. As the bank continues to demonstrate its resilience and stability, it is likely to remain a key player in the banking sector. With its strong financial position and growth prospects, AU Small Finance Bank is well-positioned to continue delivering strong returns to its investors.
Rajeev Yadav, Deputy CEO of AU Small Finance Bank, has submitted his resignation, which will take effect on October 31, as reported by People Matters India.
Rajeev Yadav, the Deputy CEO of AU Small Finance Bank, has tendered his resignation, effective October 31. The news was announced by the bank, stating that Yadav will be leaving his position after a stint of over four years. Yadav was one of the key members of the bank’s leadership team and played a crucial role in shaping its strategy and growth.
During his tenure, Yadav was responsible for driving the bank’s business growth, overseeing operations, and implementing digital transformation initiatives. He was also instrumental in building and maintaining relationships with key stakeholders, including customers, investors, and regulators. Under his leadership, the bank expanded its presence across the country, increased its customer base, and introduced new products and services.
Yadav’s resignation comes at a time when the bank is undergoing a significant transformation, driven by the changing landscape of the financial services industry. The bank has been investing heavily in digital technologies, such as artificial intelligence, machine learning, and data analytics, to enhance customer experience and improve operational efficiency.
The bank’s management has expressed gratitude to Yadav for his contributions and wished him the best for his future endeavors. The search for a new Deputy CEO is expected to begin soon, and the bank is likely to look for a candidate with a strong background in banking, finance, and digital transformation.
Yadav’s departure is not expected to have a significant impact on the bank’s operations, as the management team is well-equipped to handle the transition. The bank has a strong leadership team in place, and the CEO, Sanjay Agarwal, will continue to lead the organization.
The resignation of Yadav is a significant development in the Indian banking industry, which has seen several high-profile exits in recent times. The industry is undergoing a period of significant change, driven by technological advancements, changing customer behavior, and increasing competition. As a result, banks are looking for leaders who can navigate these changes and drive growth, innovation, and digital transformation.
In conclusion, Rajeev Yadav’s resignation as Deputy CEO of AU Small Finance Bank marks the end of an era, but the bank is well-positioned to continue its growth trajectory under the leadership of its CEO and the existing management team. The search for a new Deputy CEO will be an opportunity for the bank to bring in fresh perspectives and ideas, and to drive its digital transformation agenda forward.