In a bold strategy to boost economic resilience, the central bank is channeling a hefty sum into the banking system. By leveraging open market operations alongside dollar-rupee buy-sell swaps, an impressive ₹1.45 lakh crore will flow in to optimize liquidity and facilitate effective monetary transmission.
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