AU Small Finance Bank reported steady Q4 growth with deposits rising 23% year-on-year to Rs 1.52 lakh crore and advances increasing 25%. Despite strong operational performance, the stock has declined amid broader weakness in banking stocks, FII outflows and macro pressures linked to rising oil prices and geopolitical tensions.
Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks