India’s Economic Affairs Secretary, Ajay Seth, highlighted the impressive growth of India’s economy during a meeting with a World Bank committee in Washington. He noted that despite global challenges, India’s GDP growth estimate for the fiscal year has been revised upwards to 7.6%, showcasing the country’s resilience and strength. Seth emphasized that India’s consistent growth above 8% for three consecutive quarters reaffirms its position as a standout performer in the global economy.
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