Motilal Oswal Asset Management is strategically overweighting large private banks, anticipating improved net interest margins, reduced credit costs, and strong credit growth. Executive Director Akhil Chaturvedi highlights the sector’s readiness to outperform after years of underperformance, driven by strengthening balance sheets and accelerating earnings momentum.
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