AMFI submitted a 27-point Budget FY27 proposal seeking tax reforms for mutual funds, including ELSS deduction under new regime, restoring indexation for debt funds, equity parity for FoFs, ReITs and InvITs, pension-linked schemes, and measures to deepen markets and savings.
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