This stimulus could provide crucial support to India’s economic growth during a period of global economic uncertainty. However, the relief’s actual impact hinges on complex factors including consumer confidence, broader economic conditions, and individual spending behaviours.
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