Nilesh Shah of Kotak Mahindra AMC advises investors to focus on long-term strategies. He emphasizes the importance of SIPs and asset allocation for wealth creation. Shah draws parallels between investing and Test cricket, highlighting the value of patience. He urges young investors to avoid FOMO and seek guidance from financial advisors. He also cautions seasoned investors against ego-driven decisions.
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