Laying strong foundation of a forever bank

Company
19 Mar 2024
5 Min read 
  • AU Small Finance Bank approved for merger with Fincare Small Finance Bank.
  •  Merger expected to boost loan portfolio by 16% and increase balance sheet size.
  •  Merger enables expansion into new areas and product segments.
  •  Bank aims for 1.8% RoA by FY27 and sustained loan growth of 25%.
  •  Financials of AU Small Finance Bank and Fincare SFB summarized, including ratios and metrics.
  •  Data sourced from MOFSL and the company itself.
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