India’s total property exposure is now estimated at $26-29 trillion, according to a global reinsurer. A significant portion of this exposure is located in areas prone to natural disasters. These regions are characterized by a high concentration of economic assets that coincide with risks such as floods, cyclones, and earthquakes.
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