Poonawalla Fincorp reported a sharp profit rise driven by margin expansion, higher income, and improved asset quality. AUM crossed Rs 60,000 crore, credit costs eased, and capital adequacy strengthened after fundraise, supporting future growth and digital expansion.
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets
Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation