Au Small Finance Bank Limited · NSE:AUBANK
Au Small Finance Bank — Q4 FY24 Earnings Presentation
73 slides from Au Small Finance Bank's earnings presentation, Apr 24, 2024
Slide 1: Investor Presentation Q4'FY24
Investor Presentation Q4’FY24 24th April’24
Slide 2: 7 years of our Forever Bank Journey
7 years of our Forever Bank Journey We express our deep gratitude towards the Citizens of our great nation, the Government of India, Regultory bodies, Bank's 1.1 Crore customers, 2 Lac+ domestic and international shareholders and 46,000+ employees and all other stakeholders for their wholehearted su
Slide 3: About AU Small Finance Bank
About AU Small Finance Bank 3
Slide 4: AU's Journey
AU’s Journey Started Motilal Oswal Warbug Commenced Industry First operations as first operations as Credit Card Fincare SFB Pincus as from Jaipur as private equity SFB initiative merged private Vehicle partner. Recognized -LIT & Swipe Up with AU equity Financing investor as Scheduled Started SBL Eq
Slide 5: Well-recognised Banking franchise
Well-recognised Banking franchise “Best Technology Talent” Best Small Finance “Best Financial Inclusion” Best Branded Bank Campaign : TV “Best Digital Engagement” By FE, By Mint BFSI IBA 19th Annual India’s Leading Small Banking Technology Finance Bank Conference & Afaqs brand Storyz Awards Citation
Slide 6: Confluence of Scale, Growth, Asset Quality and Profitability
Confluence of Scale, Growth, Asset Quality and Profitability Standalone All figures as of Mar’24 ₹ 87,182 Cr ₹ 73,999 Cr ~49.4 lacs 1,074 49% CAGR^ 33% CAGR^ Customer Base Touchpoints Deposits Gross Advances 33% 1.67%# / 0.55% 18.8% / 20.1% 1.6%* / 13.5%* CASA Ratio GNPA / NNPA Ratio Tier-1 Ratio /
Slide 7: Consolidated position post Fincare merger
Consolidated position post Fincare merger Announced merger with Fincare in Oct 23 and received all required approvals for the merger by Mar’24. Merger is effective 1st Apr’24 Standalone Fincare Proforma Merged Deposits ₹87,182 Cr ₹10,522 Cr ₹97,704 Cr Gross Loan portfolio ₹82,175 Cr ₹14,315 Cr ₹96,4
Slide 8: Bank with strong execution track record (1/2)
Bank with strong execution track record (1/2) Standalone Touchpoints Employees Customers (in Lacs) 15% 18% 37% 1,027 1,074 28,320 29,738 49.4 919 27,817 744 22,484 38.6 647 558 17,112 27.5 474 12,623 11,151 17.2 20.2 12.3 7.5 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY18
Slide 9: Bank with strong execution track record (2/2)
Bank with strong execution track record (2/2) Standalone ₹ in Crores Net Interest Income PAT* Shareholders Fund 33% 33% 5,157 1,592 33% 1,428 12,560 4,425 10,977 1,130 3,234 7,514 2,365 6,275 1,909 596 600 4,377 1,343 292 382 3,163 940 2,281 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY18 FY19 FY20 FY21 FY2
Slide 10: Robust asset quality through the cycles
Robust asset quality through the cycles Standalone In ₹ Crores Particulars FY18 FY19 FY20 FY21 FY22 FY23 FY24 Gross Advances 13,413 22,994 27,233 35,356 46,789 59,158 73,999 Gross NPA 270 470 458 1,503 924 981 1,237 NPA Provision (incl. floating 100 176 240 747 694 736 836 provision) Net NPA 169 295
Slide 11: Strategically organized across 6 business groups
Strategically organized across 6 business groups for greater efficiency 4 Retail Assets 1 Urban Branch Banking o Wheels (Focused on Urban Affluent market) Insurance o Micro Business Loan (MBL) o Home Loan Payments Wealth & PMS 2 Swadesh Banking, 5 Commercial Banking Government and CMS o Business Ban
Slide 12: Bank with a pan-India geographic presence
Bank with a pan-India geographic presence Merged 21 States and 4 UTs 2,383 Touchpoints 469 Districts 682 ATMs AU Asset Mirco Finance Center Centre 629 Branches 239 Asset Centres 777 MFI Centres 2,383 Touchpoints AU + BANK AU BO 78 Unbanked 630 BOs 30 BCs Branches 9 States with more than 100 touchpoi
Slide 13: Diversified deposits profile
Diversified deposits profile Standalone Deposits Proforma Deposits profile after profile considering Fincare merger (22%) 0% 1% 1% 0% 1% Rajasthan (37%) 1% 2% 4% 2% 4% Maharashtra 3% 2% 3% Delhi (63%) (78%) 23% 25% Punjab 4% 5% Gujarat 4% Haryana 8% Madhya Pradesh 7% Uttar Pradesh 8% Karnataka Himac
Slide 14: Well diversified asset book
Well diversified asset book Standalone Advances Proforma Advances profile after profile considering Fincare merger 1% 1% 2% Rajasthan 2% 0% 2% 3% 3% 0% Madhya Pradesh 3% 3% 3% Maharashtra 5% Gujarat 27% 32% 3% 6% Haryana 4% Punjab 4% 6% Delhi Andhra Pradesh 5% Uttar Pradesh 11% Tamil Nadu 5% 14% Tel
Slide 15: Guided by distinguished Board of Directors
Guided by distinguished Board of Directors Mr. H R Khan Executive Directors Part time Chairman & Independent Director 46+ years of experience Masters in Arts & Philosophy, Diploma in Mr. Sanjay Agarwal Business Mgt., CAIIB MD & CEO 29+ years of experience Ex-Deputy Governor of RBI Served on Boards o
Slide 16: Well diversified Shareholding pattern
Well diversified Shareholding pattern Fincare Business KMP, Director & Solutions Limited their relatives (Excluding 8.0% Others Independent Director) Promoter & Promoter Group 1.9% 1.9% 22.9% Individuals 7.4% Foreign holding 37% Domestic holding 63% Mutual Fund 13.1% Foreign Holding 36.6% AIF 5.5% I
Slide 17: 2024-2027: our strategic priorities for AU@2027
2024-2027: our strategic priorities for AU@2027 Our Target RoA of 1.8% by 2027 Grow higher RoA Make Branches Leverage synergy Calibrate Maintain best-in- Our Strategy assets profitable from merger Investments class asset quality • Focus on higher • Leverage Branch as • Use deep • No significant new
Slide 18: For further information about the bank - Scan to Download
For further information about the bank - Scan to Download Analyst day Sustainability report Annual Report FY23 AU Insights presentation - Mar’24 18
Slide 19: Agenda
Management Update Assets Performance Operating & Financial Highlights Digital Bank AU0101 Liabilities Performance Other Key Information 19
Slide 20: 1. Management Update
1. Management Update Completed 7 years In the journey of building a “Forever Bank” % RoA at 1.6% and RoE at 13.5% for FY24 excluding exceptional items Focus on branch profitability & growing higher RoA, higher yielding assets Won “The Best Small Finance Bank” at Mint BFSI Awards 2023 20
Slide 21: Resilient performance despite multifold challenges
Resilient performance despite multifold challenges Standalone FY24, a year of challenging operating environment... Sustained high Enhanced focus of policy Inflation + Tight Liquidity + competition for Deposits makers on customer Higher Interest rates protection Large and mid-sized banks Disruptions
Slide 22: Key messages
Key messages Standalone What we delivered in FY24 What we expect in FY25 ❑ Merged with Fincare to deepen Financial Inclusion and Macro environment: expand distribution in South India; Fincare asset is book value ❑ Interest rates to remain elevated as timing of any accretive and to help expand margin
Slide 23: Merger economics – more favourable than anticipated
Merger economics – more favourable than anticipated Particulars Expectation from Fincare Actual position on effective date @ Merger @ 29th Oct 23 (₹ Cr) 1st April 24 (₹ Cr) Fincare Net Worth – H1’FY24 1,539 1,539 Capital Infusion 700 700 Net Worth as on 31st Mar’24 ~2,400 2,421 Additional Transactio
Slide 24: Update on Fincare integration
Update on Fincare integration ❑ Fincare has become a separate SBU within AU SFB with all asset businesses of Fincare continuing within this unit – Microfinance, Secured Business Loans, Affordable Housing and Gold Loans Formation of ❑ Liability Branches of Fincare have been integrated with AU Liabili
Slide 25: FY24 Financial performance snapshot
FY24 Financial performance snapshot Standalone ❑ Deposits grew 9% QoQ with CASA growth of 10% QoQ; CASA ratio at 33%; CASA + Retail ₹1,09,426 Cr Balance Sheet TD mix at 64% +21% YoY ❑ Deposits continue to reprice, and the cost of funds rose by 8bps QoQ to 6.98% for ₹87,182 Cr Q4’FY24; average CoF fo
Slide 26: Our digital proposition continues to scale well
Our digital proposition continues to scale well AU0101 Video Banking Credit Cards UPI QRs 29.5 Lacs+ 5.8 Lacs# 9.6 Lacs ~11.5 lacs Customers on AU0101 Digital CASA Accounts Live cards QR Codes installed 15.9 Lacs+ ₹1,730 Cr+ ₹1,900 Cr+ ₹378 Cr+ Business loan disbursed Monthly Active Users Total rela
Slide 27: 2. Operating & Financial Highlights
2. Operating & Financial Highlights Deposits grew by 26% YoY and 9% QoQ Gross loan portfolio crossed ₹82,000 Cr FY24 PPoP growth of 25% YoY NIM for FY24 stands at 5.45% including securitised book 27
Slide 28: Profitability ratios – Q4'FY24 and FY24
Profitability ratios – Q4’FY24 and FY24 Standalone NII (%) Other Income (%) 5.7% 5.6% 2.1% 5.2% 1.6% 1.7% 5.1% 1.3% Q4'FY23 Q4'FY24 FY23 FY24 Q4'FY23 Q4'FY24 FY23 FY24 RoA Components Opex (%) Provision & Contingencies (%) 4.6% 4.7% 0.5% 0.4% 4.3% 4.4% 0.2% 0.2% Q4'FY23 Q4'FY24 FY23 FY24 Q4'FY23 Q4'F
Slide 29: FY24 Financial highlights
FY24 Financial highlights Standalone ₹ in Crores Net Interest Income Total Income PAT* 1,592 5,157 12,301 4,425 1,428 9,240 FY23 FY24 FY23 FY24 FY23 FY24 Yield on Advance Cost of Fund Net Interest Margin RoA* RoE* Vs Vs Vs Vs Vs 13.4% 5.96% 6.10% 1.8% 15.4% (FY23) (FY23) (FY23) (FY23) (FY23) GNPA NN
Slide 30: Quarterly trends of key parameters
Quarterly trends of key parameters Standalone Customers Employees Shareholders’ Funds Total B/S Assets (in Lacs) (in 000s) 1,09,426 46.8 49.4 28.3 28.4 28.5 28.9 29.7 11,763 12,167 12,560 44.3 11,379 1,01,176 41.3 10,977 95,977 38.6 90,216 91,583 Q1'FY24 Q3'FY24 Q4'FY23 Q2'FY24 Q4'FY24 Q3'FY24 Q4'FY
Slide 31: Quarterly trends of key parameters
Quarterly trends of key parameters Standalone ₹ in Crores Net Interest Income Total Income PAT* Gross Advance Yield 1,325 1,337 3,385 425 428 1,246 1,249 3,186 402 13.4% 13.4% 13.3% 1,213 2,957 387 375 13.2% 13.2% 2,773 2,608 Q3'FY24 Q4'FY23 Q1'FY24 Q1'FY24 Q3'FY24 Q4'FY24 Q4'FY23 Q2'FY24 Q2'FY24 Q4
Slide 32: Incremental spreads have started to move up
Incremental spreads have started to move up Standalone Incremental Spreads GA Spreads 13.1% 13.4% 13.7% 13.5% 13.6% 13.4% 13.4% 13.3% 13.2% 13.2% 7.8% 7.6% 7.8% 6.7% 7.7% 7.1% 6.8% 6.7% 6.9% 7.0% 6.4% 6.3% 6.6% 6.3% 5.6% 6.1% 5.7% 5.8% 6.6% 6.2% Q4'FY23 Q1'FY24 Q2'FY24 Q3'FY24 Q4'FY24 Q4'FY23 Q1'FY2
Slide 33: Profit & Loss statement
Profit & Loss statement Standalone In FY24 : (All Figures in ₹ Crore) FY24 FY23 Y-o-Y Q4'FY24 Q4'FY23 YoY Q3'FY24 QoQ Income ❑ PPoP grew at 25% YoY supported by Interest Earned 10,555 8,205 29% 2,829 2,275 24% 2,736 3% Other Income Interest Expended 5,398 3,780 43% 1,492 1,062 41% 1,411 6% ❑ Securit
Slide 34: Balance sheet
Balance sheet Standalone (All Figures in ₹ Crore) 31st Mar'24 31st Mar'23 YoY 31st Dec'23 QoQ A Stable and healthy balance sheet led Liabilities by - Shareholders Fund 12,560 10,977 14% 12,167 3% Deposits 87,182 69,365 26% 80,120 9% ▪ Strong Capital adequacy ratio of Borrowings 5,479 6,299 -13% 5,41
Slide 35: Other Income
Other Income Standalone (All Figures in ₹ Crore) FY24 FY23 Y-o-Y Q4'FY24 Q4'FY23 YoY Q3'FY24 QoQ Loan Assets Processing & Other Fees 784 637 23% 235 183 29% 200 17% General Banking, Cross Sell & Deposits related fees 499 210 136% 188 70 165% 125 51% PSLC Fees 2 56 -96% 2 17 -85% 0 N.A Credit Card 29
Slide 36: Operating expense breakup
Operating expense breakup Standalone (All Figures in ₹ Crore) FY24 FY23 YoY Q4'FY24 Q4'FY23 YoY Q3'FY24 QoQ Employee cost (other than new business Initiatives) 1,919 1,594 20% 519 458 13% 476 9% Other Operating expenses towards Business as Usual (BAU) 1,674 1,340 25% 460 361 27% 433 6% New Business
Slide 37: SBU profitability – FY24
SBU profitability – FY24 Standalone Retail Commercial Credit Card & Investments Regulatory Total Loan Total B/S Business Segments Banking Banking Liabilities Other Digital other than Cost (CRR, Total PAT Assets Assets Assets Assets Initiatives Regulatory SLR & LCR) Gross Loan Portfolio Proportion 78
Slide 38: Summary snapshot of Fincare SFB's audited financials for FY24
Summary snapshot of Fincare SFB’s audited financials for FY24 P&L in ₹ Crore FY24 Balance Sheet in ₹ Crore 31st Mar'24 Income Liabilities Interest Earned 2,671 Interest Expended Shareholders Fund 2,421 1,023 Net Interest Income 1,647 Deposits 10,522 Treasury Income 2 Borrowings 3,760 Other Income (e
Slide 39: Fincare snapshot
Fincare snapshot Standalone ₹ in Crores As of 31st Mar 24 As of 31st Mar 24 Deposits Segments Gross Gross NPA (%) Amount (₹ Cr) Loan Portfolio ROI (%) Current Account 111 Microfinance 8,007 25.4% 1.4% Savings Account 2,218 MBL 2,542 18.5% 2.2% Term Deposit 8,192 Housing 2,198 1.3.9% 1.0% Retail Term
Slide 40: 3. Liabilities Performance
3. Liabilities Performance CASA deposit grew 10% QoQ, CASA ratio at 33%; CASA + Retail TD at 64% Current Account grew by 45% YoY % CD Ratio at 84% CoF for FY24 at 6.80% 40
Slide 41: Evolution of the Branch Banking charter
Evolution of the Branch Banking charter Standalone Structure Deposits Liability Branches* Consolidated Unit of Liabilities 7,923 2017-18 Garner deposits with customer Mar'18 7,923 41% 27% Mar'18 212 80 14 mix ranging from Government, Co-operative Banks, Retail Customers etc 12,989 Mar'20 13,175 Mar'
Slide 42: Deposits snapshot
Deposits snapshot Standalone Focus on granular deposits and retail customer profile ₹ in Crores 120% Total Deposits 69,365 69,315 75,743 80,120 87,182 100% 4% 4% 4% 4% 4% TASC Certificate 631 684 993 1,117 2,463 11% 7% 7% 6% 7% of Deposits 10% 9% 10% 9% 5,338 80% 10% Govt 3,831 14% 18% 17% 18% 3,680
Slide 43: AU wealth – enhancing value proposition for our deposit customers
AU wealth – enhancing value proposition for our deposit customers Our Wealth proposition across customer segments Banking & Wealth Continuum Customer Segment Wealth Solutions Services/Platform 2023 – PMS, AIF & Fixed Income Alternative Investment Funds1, Debt Solutions PMS, Bonds & other wealth serv
Slide 44: Building a Predictable, Scalable and Sustainable deposit franchise
Building a Predictable, Scalable and Sustainable deposit franchise Distribution becoming sharper with expanding scale ❑ Differentiated approach for Urban and Core markets ▪ Established Swadesh banking to cater to Semi Urban/Rural Markets ❑ Now a Pan India Bank with Presence in 21 states & 3 UT’s ▪ F
Slide 45: 4. Assets Performance
4. Assets Performance Sustainable and Scalable business model Disbursement yield increased by ~39 bps YoY GNPA ratio at 1.67%; NNPA at 0.55% PCR at 76% 45
Slide 46: Strong, secured and established asset franchise
Strong, secured and established asset franchise Standalone ❑ Vintage book and tested business model; High RoA, high ❑ Unique product proposition with ~ 15 year’s of experience yielding business ❑ High RoA, high yielding business ❑ Growing opportunity in used and new vehicles ❑ Strong collateral unde
Slide 47: Asset book snapshot
Asset book snapshot Standalone ₹ in Crores Q4'FY24 Q4'FY23 Q3’FY24 Vintage Assigned/ Gross Assigned/ Gross Assigned/ Gross Segments Gross Gross Gross Gross (Year) Securitised Yield (%) NPA Securitised NPA Securitised Yield NPA Advances NPA Advances Yield (%) Advances loans (%) loans (%) loans (%) (%
Slide 48: NPA movement
NPA movement Standalone ₹ in Crores NPA Movement Q4'FY24 Q4'FY23 Q3'FY24 Opening NPA 1,340 1,019 1,245 Additions during the period* 296 191 403 Less: Recoveries & Write Offs during the period 399 229 308 Closing NPA 1,237 981 1,340 NPA Summary Q4'FY24 Q4'FY23 Q3'FY24 Gross NPA 1,237 981 1,340 Less:
Slide 49: Provisioning summary
Provisioning summary Standalone ₹ in Crores Credit Cost Q4’FY24 Q4’FY23 Q3’FY24 FY24 FY23 Provision on NPA and Write off 90 20 143 427 144 Repossession loss & POS loss 30 26 22 95 106 Standard & other provision 25 15 7 52 49 Covid restructuring provision -7 -11 -11 -45 -76 Less: Bad Debt Recovery (O
Slide 50: Overview of total provisions
Overview of total provisions Standalone ₹ in Crores Mar’24 Dec’23 Particulars Loan Loan Nos. Provisions Coverage Nos. Provisions Coverage Amount Amount GNPA 59,827 1,237 795 64% 60,535 1,340 843 63% Covid related restructuring (Standard) 4,627 426 70 16% 5,157 468 77 16% Contingency provisions 0 5 F
Slide 51: 5. Digital Bank AU0101
5. Digital Bank AU0101 29.5 Lacs+ customers on AU0101 47% customers acquired via digital products in Q4’FY24 9.6 Lacs+ live credit cards 60%+ savings account and 45%+ credit card customers acquired digitally in Q4’FY24 51
Slide 52: Inching towards building sustainable Digital bank AU0101
Inching towards building sustainable Digital bank AU0101 02 ACQUIRE Expanding Product Suite across Savings Account, Current Account, Fixed Deposit, Corporate Salary, Credit Cards, Merchant Lending and Personal Loan*. Building differentiated product suite for digital native customers. 03 ENGAGE Accel
Slide 53: Target Digitally Native Customers, Digital Savings Account case study
01 | Target Digitally Native Customers, Digital Savings Account case study PAN India digital Reach and growing… Customer Persona 74% 56% 77% Urban Salaried professionals 18-35 years age Acquisition Channel Inorganic Channel 67% Organic Channels 22% 11% Ads & Affiliates Website AU 0101 Device Profile
Slide 54: Acquiring by continuously expanding digital product suite
02 | Acquiring by continuously expanding digital product suite…. Q1 Q2 Product additions, improvements Q2 New Launches Q3 FY22 FY22 and new features FY24 FY24 Savings Account Credit Card Current Account Corporate Salary Savings Credit Current Corporate Account* Card* Account** Salary** Digital 40% 1
Slide 55: Expanding cross sell and Engagement hooks on AU0101
… Expanding cross sell and Engagement hooks on AU0101 Q4 No Cost FY24 Cross Sell Limited incremental Analytics Driven Personalised and Focus on Engagement Digital First Cross Sell cost Next Best Product Engagement based and X Sell AU0101 X-Sell and Engagement in Q4’FY24 13.6k 2.2k 12k 63k 86k Saving
Slide 56: AU0101 – 7X growth since launch
03| AU0101 – 7X growth since launch with 2.9 million+ on AU0101 Increasing Bank Wide customer engagement*… 7X Growth on AU0101 since launch CA SA Mar’23 Mar’24 Mar’23 Mar’24 Registered users Monthly transacting 26.3 29.5 1.4 1.7 10.9 14.6 23.7 customers (Lacs) 19.2 21.2 16.3 14.3 10.5 11.9 Transacti
Slide 57: High engagement among digitally acquired customers
03| High engagement among digitally acquired customers Savings Account 83% 80% 90% Transaction active Active debit card Active on AU0101 customers customers Credit Card 57% ₹20K 91% Purchase active Spends per month Active on AU0101 customers (30 days) Current Account 86% 87% Transactionally active A
Slide 58: Growing by fulfilling more of customer needs across their lifecycle
04| Growing by fulfilling more of customer needs across their lifecycle Activate Grow Cross Sell Upgrade ❑ Activating across banking ❑ Grow relationship by ❑ Pitch the right product, to ❑ Upgrade customers’ suite on AU0101 and Video understanding customers’ the right customers at the product suite a
Slide 59: By constantly upgrading AU0101
… by constantly upgrading AU0101 Creating tailored experiences… …while focusing on creating engagement hooks OneTrack UPI & BillPay 2.0 Personal finance manager powered Account New features, better performance and superior Aggregator, enabling customers to track their user experience to drive habit-
Slide 60: Credit Card - continues to scale with strong performance
Credit Card - continues to scale with strong performance across key metrics Adoption Acquisition Engagement Growing Portfolio 9.6 lacs+ 1.59 lacs 5,391 Cr+ 3,148 Cr Cards Live New users acquired in Q4’FY24 Spends In Q4’FY24 Credit Card receivables 16% 90% 7% 19% 9% 86% 13% 114% Q-o-Q Y-o-Y Q-o-Q Y-o
Slide 61: Business progress so far on portfolio level
Business progress so far on portfolio level New to Bank Customer Salaried Customers Salaried profile mix Bureau Band 7.9% 1.9% 76% 75% 70% 90.2% NTB customers constitute a Distribution in salaried Share of Super CAT A/ CAT A/GOVT >=740 <740 NTC larger share currently segment. Limit Utilization Card
Slide 62: UPI QR – Aligning with Branch banking for deepening of merchant wallet
UPI QR – Aligning with Branch banking for deepening of merchant wallet Acquisition ~11.5 Lacs 71% 2.5 Lacs UPI QRs installed till Q4’FY24 Activation rate* NTB customers acquired through UPI QR till Q4’FY24 ~2.8 Cr ~3.3 Lacs ₹3,461 Cr Transactions in Q4’FY24 Daily average Value of transactions in tra
Slide 63: 6. Other Key Information
6. Other Key Information Strengthening our brand – “Badlaav Humse Hai” 21,210+ Youth trained under skill development program and 16,504+ youths employed 2 youth, part of AU Bano champion programme, selected for National U-17 football team Promoting Green Fixed Deposit product “Planet First” 63
Slide 64: Brand Campaign | Badlaav Humse Hai
Brand Campaign | Badlaav Humse Hai 64 64
Slide 65: Improving Sustainability ratings
Improving Sustainability ratings Launched “Green FD” program Improved from “Medium” to “Low” Risk Improved Rating from “F” to “D” on One of A Few Indian banks in Low Risk Category Climate Disclosures Externally Assured GRI Reports Continuous Improvement – Featured in FTSE with 60+ Score Current Scor
Slide 66: Sustained focus on ESG initiatives
Sustained focus on ESG initiatives Environment Social Governance Environment is a recognized Addressing the Occupational, Residential, Compliant on all governance parameters stakeholder for AU and Social vulnerabilities Deposits till 31st Mar’24 - COE for Skills Development Independent and diversifi
Slide 67: Financial & Digital Inclusion
Financial & Digital Inclusion Universal Access to Financial Services ➢ 31% of our total touchpoints/branches – 334 are in unbanked rural centres (Tier-VI, population less than 5,000 & Tier-V, population less than 10,000) ➢ Present in 50 Special Focus Districts* with 94 touchpoints covering 23 Aspira
Slide 68: Impact stories – click to listen
Impact stories – click to listen 68
Slide 69: AU's customer testimonies
AU’s customer testimonies Name: Kuldeep Sharma Name: Meenakshi Devi Name: Vikas Mukhraiya Business: Sales Manager Business: Sarpanch Business: Grocery Store Owner Category: AU Ignite Category: AU Udyogini Category: Current Account Holder Location: Jaipur Location: Navrang Pura, Ahmedabad Location: S
Slide 70: Abbreviations
Abbreviations BSBDA Basic Savings Bank Deposit A/C OPEX Operating Expenses CASA Current Account Deposits and Savings Account Deposit P&L Profit & Loss Statement CoF Cost of Fund PAT Profit After Tax CRAR Capital Adequacy Ratio PMJJBY Pradhan Mantri Jeevan Jyoti Bima Yojana DII Domestic Institutional
Slide 71: Definitions
Definitions a. Market Share Market share calculated as per the data reported by RBI for Scheduled Commercial Banks Core Markets are smaller centres in rural/semi-urban which typically have a local economy built around agriculture and b. Core Markets small businesses, and which have traditionally bee
Slide 72: Disclaimer
Disclaimer This presentation has been prepared by AU SMALL FINANCE BANK LIMITED (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by the Ban
Slide 73: For Investor queries contact
For Investor queries contact (details in QR Code): Prince Tiwari Email: investorrelations@aubank.in
AU Small Finance Bank — Q4 FY24 Earnings Presentation on 6ix