We see Indian markets have shown improved resilience to such volatility, with faster recovery patterns from corrections. However, the immediate term may remain choppy as markets digest these multiple triggers.
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