Global tensions, fueled by U.S. tariff threats against Cuba and potential strikes on Iran, are weakening the dollar. Despite domestic hopes of averting a government shutdown, geopolitical strains are impacting U.S. assets. Meanwhile, Japanese inflation met the central bank’s target, offering a slight reprieve for the yen.
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