AU Small Finance Bank Limited

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a Kurla Complex, Bandra (East), Mumbai 400051, Maharashtra. BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001, Maharashtra. NSE Symbol: AUBANK Scrip Code: 540611, 958400, 97409

1.7%

Update Stable quarter with consistent performance % Profitability remains resilient with RoA at 1.7% and RoE at 13.8% for Q1’FY24 Focused on productivity and efficiency – No material increase in ma

13.8%

uarter with consistent performance % Profitability remains resilient with RoA at 1.7% and RoE at 13.8% for Q1’FY24 Focused on productivity and efficiency – No material increase in manpower in last 15

151%

business parameters leading to a steady start for the financial year 2023-24 ❑ Bank had an LCR of 151% as on March 31, 2023, and thus the focus in Q1’FY24 was to consume this excess liquidity buffer ins

27%

nsume this excess liquidity buffer instead of raising high-cost deposits. Thus, while deposits grew 27% YoY, the QoQ deposit growth remained flat. However, the momentum in retail term deposits remained s

8%

rowth remained flat. However, the momentum in retail term deposits remained strong with a growth of 8% QoQ ❑ Bank launched several products during the quarter – most notable was ‘AU IVY’, an-invite onl

30%

us on efficiency and productivity remains relentless - we have grown our deposits and asset book by 30%+ in last 15 months without much increase in our headcount. For this year as well, we look to achiev

29 bps

ll lending verticals, accelerated acquisition and engagement in digital products ❑ The quarter saw 29 bps increase in cost of funds with Q1’FY24 CoF at 6.58%; cost of funds remains a key monitorable, and

6.58%

agement in digital products ❑ The quarter saw 29 bps increase in cost of funds with Q1’FY24 CoF at 6.58%; cost of funds remains a key monitorable, and in June’23, the Bank has reduced its peak deposit ra

25 bps

of funds remains a key monitorable, and in June’23, the Bank has reduced its peak deposit rates by 25 bps across SA and TD ❑ Yield on advances remained stable at 13.4% and average LCR during the quarter

13.4%

reduced its peak deposit rates by 25 bps across SA and TD ❑ Yield on advances remained stable at 13.4% and average LCR during the quarter was 139% against average LCR of 128% in Q4’FY23 ❑ NIM was impa

139%

oss SA and TD ❑ Yield on advances remained stable at 13.4% and average LCR during the quarter was 139% against average LCR of 128% in Q4’FY23 ❑ NIM was impacted by 38 bps on a QoQ basis owing increase