UK stocks dipped on Friday as tariff uncertainties and weaker-than-expected US jobs growth impacted investor sentiment. The FTSE 100 fell by 0.3%, easing from a record high set on Thursday. Despite the Bank of England’s recent rate cut, economic growth forecasts have been halved, with inflation projected to nearly double the 2% target this year.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs