A survey on urban Indians’ financial behavior in 2024 reveals strong saving habits but limited success in achieving financial goals. Despite 67% saving over 20% of their income, poor financial literacy and planning remain major hurdles. Mutual funds are the most popular investment choice, and 67% of respondents plan to increase investments in 2025.
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