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Live News EQUITY ARTICLE M impact

AU Small Finance Bank Q2 Net Profit Rises 53% to 858 Crore

Net profit increased from 561 crore a year earlier. Net interest margin rose to 5.8% from 5.5%.

AUBANK

Kolkata: AU Small Finance Bank reported a 53% surge in second-quarter net profit to 858 crore from 561 crore in the year-ago period, helped by business expansion and an improvement in asset quality.The bank's net interest margin-a key profit metric-rose to 5.8% for the quarter from 5.5% in the year…