AU Small Finance Bank : AU Small Finance Bank (AUSFB) stock has declined 8% in the past month, underperforming the BSE Bankex. Higher NPAs and credit costs in microfinance and credit card segments have pressured earnings. The bank has lowered FY25 loan growth guidance to 20%, shifting focus to secured loans. A lower interest rate cycle may aid margin recovery, with credit costs expected to remain high before stabilizing in the next fiscal year.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation