Asian stocks rose Friday as a planned meeting between US President Trump and Chinese President Xi Jinping eased trade tensions. Oil prices dipped ahead of US inflation data, with investors anticipating a Federal Reserve rate cut next week despite sticky inflation. Resilient earnings and potential positive US-China news support continued equity market optimism.
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