The bank’s NII grew 16 per cent year-on-year to ₹2,341 crore, while other income rose 17 per cent to ₹724 crore. Net interest margin (NIM) improved by 25 basis points to 5.7 percent in the third quarter. Provisions fell 34 per cent year-on-year to ₹331 crore. New slippages fell to ₹791 crore in the third quarter, compared to ₹908 crore last quarter. Gross and net non-performing asset ratios (GNPA, NNPA) stood at 2.30 percent and 0.88 percent respectively in the third quarter, broadly flat year-on-year.
The bank’s gross loan book (excluding unsecured loans) rose 23 per cent year-on-year to ₹1.29 lakh crore, while deposits also rose 23 per cent at ₹1.38 lakh crore at end-December. The lender’s credit deposit ratio stood at 89 percent in the third quarter.
Management changes
AU SFB said it has appointed three new non-executive independent directors on board, including NS Venkatesh, Satyajit Dwivedi and Phani Shankar. Malini Thadani was also reappointed as independent director for a second three-year term.
Importantly, the lender said current Executive Director (ED) and Deputy CEO Uttam Tibrewal will complete his tenure as full-time Director in April this year but will continue to serve as Deputy CEO of the bank.
Vivek Tripathi, Chief Credit Officer at the lender, will be promoted to the level of ED after regulatory approval. END
Published on January 20, 2026
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