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.
Tata Chemicals surges on Tata Sons listing buzz
Tata Chemicals shares surged on Thursday, driven by the RBI’s new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this