In a bold move towards financial stability, India’s Reserve Bank is transforming its foreign exchange strategy. By acquiring more gold and scaling back on US Treasury Securities, the bank is effectively diversifying its reserves. This shift underscores gold’s reputation as a secure asset in volatile economic climates, with India’s gold reserves now surpassing a staggering 100 billion dollars.
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
October 24, 2026