I think there is a minority opinion that this is a more structural slowdown in earnings for India. We do not agree with that. But there are certainly people who have that view.
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