AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore

Indian AU Small Finance Bank's profit for the second quarter jumped 53% to Rs 858 crore ($11.5 million) due to a decrease in non-performing assets and lower provisions. The bank's gross non-performing assets ratio fell to 1.99%, net NPA ratio improved to 0.81%, and annualised credit cost improved to 0.8%.