Small finance banks faced profitability pressures in the second quarter due to higher credit costs and expenses. AU Small Finance Bank saw a dip in net profit, while Ujjivan and Jana reported significant drops. Lenders expressed confidence in improving credit quality from unsecured business in the coming quarter.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid