The Securities and Exchange Board of India (Sebi) is set to review its mutual fund and stock broker regulations next month. Key proposals include unbundling broking fees and updating stock broker rules, which were framed 30 years ago. Sebi aims to streamline compliance and enhance ease of doing business.
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