The 2025 Budget’s tax relief is set to boost disposable income, benefiting discretionary sectors like apparel, QSR, travel, and entertainment, believes Deepak Ramaraju, Senior Fund Manager, Shriram AMC. Banking, financial services, and capital markets may also gain as savings and investments rise, supporting broader economic expansion.
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