AU Small Finance Bank tumbles 5% as asset quality deteriorates in Q1
Shares of AU Small Finance Bank fell more than 5% in early trading on July 24 after the lender announced a decline in asset quality in the April-June quarter. Despite recording 44% year-over-year growth in net profit, the lender’s asset quality deteriorated in the first quarter. Lenders’ total bad assets increased to 1.76% in the …
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