Motilal Oswal: AU Small Finance Bank - Growth Momentum Seeing Steady Revival; Collection Trends Holding Well  
A customer holds Indian rupee notes at a store in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)

Motilal Oswal: AU Small Finance Bank - Growth Momentum Seeing Steady Revival; Collection Trends Holding Well  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

We interacted with Mr Sanjay Agarwal – Managing Director and Chief Executive Officer of AU Small Finance Bank Ltd.

Key insights from the discussion are highlighted below -

Growth momentum seeing steady revival; digitalization remains key focus area, the bank highlighted that overall business activity has reached approximately 95% of pre-Covid-19 levels, barring certain sectors, such as education, tourism, travel, and tetail.

This is led by a healthy uptick in the semi-urban and rural regions, which have achieved normalcy.

Incremental disbursements in the passenger vehicle portfolio (Ola/Uber) have also picked up gradually.

Click on the attachment to read the full report:

Motilal Oswal AU Small Finance Bank Company Update.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

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