The flood of foreign money into India’s financial sector this year, over $7 billion and counting, is more than a capital infusion. It’s starting to look like the early rumblings of a structural reset in Indian banking.
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