India’s 10-year bond yield inched up 4 bps to 6.57% in September, supported by stable policy, ample liquidity, and a dovish global backdrop after the US Fed’s rate cut. RBI may deliver one more 25 bps cut by December.
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