Global trading firm Jane Street is under intense regulatory scrutiny. India’s SEBI is investigating alleged market manipulation, seeking millions in penalties. Simultaneously, Jane Street has begun lobbying in Washington, a significant shift after years of low profile. The firm denies wrongdoing in India and continues to post record profits, expanding its trading operations elsewhere.
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