Markets reacted negatively as US President Donald Trump proposed new tariffs on eight European nations. This move revived tariff concerns, causing risk assets to slip and safe-haven demand to strengthen. Gold and silver prices surged to record highs. Equity futures slumped, and the dollar weakened.
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