Net profit of AU Small Finance Bank rose 42.15% to Rs 571.21 crore in the quarter ended September 2024 as against Rs 401.83 crore during the previous quarter ended September 2023. Total Operating Income rose 54.51% to Rs 3910.61 crore in the quarter ended September 2024 as against Rs 2531.05 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income3910.612531.05 55 OPM %52.6055.67 - PBDT758.78533.38 42 PBT758.78533.38 42 NP571.21401.83 42 Powered by Capital Market - Live News

AU Small Finance Bank will hold a meeting of the Board of Directors of the Company on 23 October 2024Powered by Capital Market - Live News

AU Small Finance Bank has allotted 1,13,932 equity shares under ESOS on 26 September 2024. The paid-up equity share capital of the Bank will accordingly increase from Rs. 7,43,42,33,580 to Rs. 7,43,53,72,900.Powered by Capital Market - Live News

AU Small Finance Bank (AU SFB) announced its partnership with Niva Bupa Health Insurance Company (Niva Bupa) to offer health insurance products to AU SFB`s customers. Building on Niva Bupa`s existing relationship with Fincare Small Finance Bank (now merged with AU SFB), this collaboration introduces a refreshed business proposition, further enhancing the bank`s customer offerings. Through this partnership, AU SFB`s new and existing customers, including those from former Fincare SFB branches, can now access Niva Bupa`s extensive range of retail as well as group health insurance products, encompassing health, personal accident and critical illness plans across the 2,414 touchpoints in India. This partnership is aimed to enable AU SFB to create affordable and transparent value proposition through technology and service modules. Leveraging Niva Bupa`s network of 210 physical branches across 22 states and 4 union territories, along with AU SFB`s distribution reach across India, both entities will collaborate to provide personalized and customer first health insurance solutions.Powered by Capital Market - Live News

AU Small Finance Bank (AU SFB) and United India Insurance Company (UIIC) announced a strategic partnership to offer AU SFB`s customers with a wide range of general insurance solutions. It includes motor insurance, personal accident insurance, crop insurance, property insurance, shopkeeper insurance, cyber incident insurance, and more. This collaboration positions AU SFB as a preferred choice for its diverse customer base across 21 states and 4 union territories, offering reliable and affordable general insurance solutions. The partnership leverages UIIC`s vast network of branches in over 1000 tier 2 and tier 3 locations, aligning with AU SFB`s expanding infrastructure and growing customer portfolio.AU SFB, having recently filed for a universal banking license with the Reserve Bank of India (RBI), is now focused on enhancing its bancassurance portfolio to offer innovative, technology-enabled insurance solutions to its customer base of over 1 crore, across all segments. Through its strategic partnership, AU SFB reaffirms its commitment to serve business communities and underserved areas with tailored products and solutions, aligning with its goals of Viksit Bharat.Powered by Capital Market - Live News