BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
AU Small Finance Bank Ltd. hosted an update call to address the key concern around higher attrition at the top-management level, triggered by resignation of Chief Risk Officer and head of internal audit.
Key takeaway was the board taking the ownership, ensuring no lapses in internal control and processes, and highlighting the strength of internal controls and strong risk management practices.
While it believes attrition is the key challenge of late, it is more due to location issue (few key positions are based out of Jaipur) rather than culture issue.
AU SFB remains committed in addressing this concern and is open to retain talent by offering employees the option of working remotely, helping them in settling down in Jaipur etc.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.