Indian markets surged Friday as traders anticipated a Federal Reserve interest rate cut next month, boosting sentiment. Despite weekly losses amid tech valuation worries, Nvidia saw a jump on potential China sales. Fed officials offered mixed signals on rate policy, creating market anticipation for the December meeting’s outcome.
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