Global central banks, including the Federal Reserve, are expected to hold interest rates steady amid heightened political pressure and global economic uncertainty. Despite President Trump’s calls for lower rates, officials are prioritizing policy independence. Peers in Brazil, Canada, and Sweden may also maintain current settings, reflecting a unified stance on independence.
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