Motilal Oswal Financial Services believes regulatory pressures on broking are easing. The firm anticipates renewed growth in the broking sector. Asset management and private equity businesses are performing strongly. Motilal Oswal is raising new funds and expanding its presence in alternative investments. Wealth management shows resilience despite market fluctuations. The company remains optimistic about long-term equity market growth.
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