The dollar remained weak on Thursday amid policy uncertainty, though supportive comments from the White House and European officials offered some respite. Investors interpreted the Federal Reserve’s cautious tone on inflation and the labor market to mean interest rates could stay higher for longer. The euro traded just below $1.20 after breaking that key level on the dollar’s decline.
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