AUBANK delivered a robust performance with 9% earnings beat led by 43% YoY NII growth, stable margins and double-digit sequential business growth. Asset quality improved sharply with GNPA/NNPA ratio declining 62bp/79bp QoQ to 1.98%/0.5%, respectively, driven by robust collection efficiencies and healthy reductions. The restructured portfolio declined to 2.5% of loans (from 3.1% in 3QFY22), while PCR improved sharply by 2,420bp QoQ to 75% as the bank prudently revised its provisioning policy to reinforce its balance sheet. AUBANK further announced a bonus issue of 1:1 and recommended a...