AU Small Finance Bank announced that the Annual General Meeting (AGM) of the bank will be held on 21 July 2020.

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AU Small Finance Bank has allotted 63,861 equity shares on 30 May 2020 under ESOP. The paid-up equity share capital of the Bank has increased from Rs. 3,051,852,350 consisting of 30,51,85,235 equity shares having a face value of Rs. 10/- each to Rs. 3,052,490,960 consisting of 30,52,49,096 equity shares having a face value of Rs. 10/- each.

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Oberoi Realty Ltd, Dishman Carbogen Amcis Ltd, Himatsingka Seide Ltd, Hindustan Aeronautics Ltd are among the other stocks to see a surge in volumes on BSE today, 15 May 2020.

AU Small Finance Bank Ltd saw volume of 24.84 lakh shares by 10:53 IST on BSE, a 51.45 fold spurt over two-week average daily volume of 48275 shares. The stock increased 2.33% to Rs.428.50. Volumes stood at 36858 shares in the last session.

Oberoi Realty Ltd recorded volume of 3.14 lakh shares by 10:53 IST on BSE, a 16.32 times surge over two-week average daily volume of 19246 shares. The stock lost 2.69% to Rs.327.65. Volumes stood at 5441 shares in the last session.

Dishman Carbogen Amcis Ltd recorded volume of 1.31 lakh shares by 10:53 IST on BSE, a 13.05 times surge over two-week average daily volume of 10003 shares. The stock lost 0.46% to Rs.75.10. Volumes stood at 5866 shares in the last session.

Himatsingka Seide Ltd witnessed volume of 41507 shares by 10:53 IST on BSE, a 7.03 times surge over two-week average daily volume of 5901 shares. The stock increased 1.60% to Rs.50.90. Volumes stood at 21144 shares in the last session.

Hindustan Aeronautics Ltd registered volume of 16694 shares by 10:53 IST on BSE, a 3.08 fold spurt over two-week average daily volume of 5422 shares. The stock rose 4.20% to Rs.519.50. Volumes stood at 1844 shares in the last session.

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Shares of the private bank have lost 9.73% in two sessions from its recent closing high of Rs 543.70 recorded on 30 April 2020. The stock tumbled 4.99% to Rs 516.55 on Monday (4 May) after the bank reported weak Q4 results on Saturday, 2 May 2020.

AU Small Finance bank's net profit rose 3.46% to Rs 122.32 crore in Q4 March 2020 as against net profit of Rs 118.23 crore in Q4 March 2019. Total income rose 35.6% to Rs 1366.59 crore in Q4 March 2020 over Q4 March 2019.

Provisions and contingencies surged 283% to Rs 150.57 crore in Q4 March 2020 over Q4 March 2019. The bank created a COVID-19 provisioning of Rs 138 crore in Q4 March 2020 other than Standard Asset NPA and NPA provisioning.

The bank's gross non-performing assets (NPAs) stood at Rs 457.78 crore as on 31 March 2020 as against Rs 503.99 crore as on 31 December 2019 and Rs 470.13 crore as on 31 March 2019.

The ratio of gross NPAs to gross advances stood at 1.68% as on 31 March 2020 as against 1.88% as on 31 December 2019 and 2.04% as on 31 March 2019. The ratio of net NPAs to net advances stood at 0.81% as on 31 March 2020 as against 1.01% as on 31 December 2019 and 1.29% as on 31 March 2019.

Net Interest Income (NII) grew 43% year-on-year (YoY) to Rs 555 crore during Q4 March 2020 from Rs 387 crore in Q4 March 2019. Capital adequacy ratio stood at 21.99% in Q4 March 2020, up from 19.31% reported in the same period last year.

AU Small Finance Bank operates as a commercial bank. The bank offers financial products and services such as savings and current accounts, term deposits, debit cards, insurance, government banking, retail loans, and microfinance lending.

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