Indias states fiscal deficit has widened to 3.3 percent of GDP in fiscal year 2025. This increase stems from states borrowing more under a central government scheme for capital investment. Capital expenditure remains a focus, budgeted at 3.2 percent of GDP in fiscal year 2026.
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