AU Small Finance Bank jumps 7% as firm clarifies on recent managerial exits

The management clarified on the recent exits in the bank, including on the resignation of internal audit head, Sumit Dhir, saying he resigned following personal reasons

Shares of AU Small Finance Bank rebounded 7 per cent in Wednesday's session after a 13 per cent crash on Tuesday as the management clarified on the recent exits in the bank, including on the resignation of internal audit head, Sumit Dhir. The bank in an exchange filing on August 31, 2021, said Dhir resigned following personal reasons. 

"Mr. Sumit Dhir has expressed his desire to move back to his hometown Delhi due to changes in his personal circumstances following Covid second wave. He continues to be on our rolls as Head of Internal Audit and we remain in discussions with