RBI economists caution about underpriced macroeconomic risks and rising global trade tariffs nearing 1930s levels. Despite these challenges, India’s economy demonstrates resilience due to strong fundamentals, easing inflation, and proactive fiscal measures. Improved monsoon prospects and robust services sector growth further bolster the nation’s economic outlook, even with modest industrial activity.
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