The AI revolution is fueling a massive investment boom, with some experts warning of an inevitable bubble. Transformative technologies historically lead to asset inflation, and AI’s rapid integration into markets and the economy is no exception. Concerns are rising as AI’s impact on GDP growth and market valuations intensifies.
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