Motilal Oswal: AU Small Finance Bank’s Collection Efficiency Recovers Sharply In Q2; Growth Momentum Seeing Steady Revival  
A customer holds Indian rupee notes at a store in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)

Motilal Oswal: AU Small Finance Bank’s Collection Efficiency Recovers Sharply In Q2; Growth Momentum Seeing Steady Revival  

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

AU Small Finance Bank Ltd. reported strong earnings, led by higher treasury gains (including Aavas stake sale) and steady net interest income growth as margins expanded 30 basis point QoQ to 5.1%.

On the business front, disbursements are gradually picking up, with September 2020 disbursements at 99% of September 2019 levels.

Thus, we expect H2 FY21 to be better as the ongoing festive season should help demand revival.

Click on the attachment to read the full report:

Motilal Oswal AU Small Finance Bank Q2FY21 Result Update.pdf

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