AU Small Finance Bank completes capital raise of Rs 2500 crore

12 Aug 2022 , 01:31 AM

AU Small Finance Bank announced the successful completion of a total capital raise of Rs 2500 crore comprising of Tier I capital of Rs 2000 crore and Tier II capital of Rs 500 crore This takes the Banks overall capital adequacy ratio CRAR from 194Percentage to 257Percentage as on 30th Jun 2022 on pro-forma basis The fresh capital will be used to support the Banks growth plans over the medium term and will help maintain sufficient headroom over and above the regulatory capital adequacy requirements