With silver prices soaring to unprecedented levels, a severe scarcity has emerged, directly affecting India’s silver jewellery exports. The Gem & Jewellery Export Promotion Council is convening with exporters and retailers to brainstorm solutions. Compounding this issue, global demand coupled with stricter US import regulations is leading to reduced supplies.
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