Elara Capital’s Karan Taurani is optimistic about Zomato, citing improved growth prospects in food delivery and quick commerce. Blinkit’s losses are bottoming out, driven by store expansion and traction in non-metro markets.
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