AU Small Finance Bank shares saw a rise of over 2 percent. The lender reported a strong December quarter performance. Net profit increased by 26 percent year-on-year. Net interest income also showed healthy growth. Margins improved, and non-interest income remained a key contributor. Deposits were robust, and asset quality continued to improve.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.