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AU Bank's Q1 profit rises 37% YoY to ₹796cr
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NewsBytes
The bank's NII, which is the difference between interest earned and paid, grew by 32% YoY to ₹2,696 crore from ₹2,045 crore last year.
This indicates strong growth in the bank's core lending business.
The operating profit also witnessed a growth of 9.4% YoY to ₹1,435 crore from ₹1,312 crore in the same period last year.