Oil prices are experiencing a second day of increases, spurred by sanctions and evolving trade negotiations. After recently touching a five-month low, the US has set its sights on acquiring oil to enhance its strategic reserves. Market hesitations persist as supply issues in vital regions continue to inhibit price declines. As the US-China trade talks unfold, investors remain vigilant.
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