India’s structural growth outlook remains positive, with 80% of GDP growth driven by domestic factors. The market is poised for growth in the next 5-10 years, despite short-term challenges. Diversification into global markets and well-diversified portfolios are recommended to mitigate risks.
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