Indian government bonds saw little movement on Monday. The benchmark 10-year yield stayed within a tight range. However, demand for longer-term bonds weakened, causing their yields to rise. Traders noted that the Rupee’s performance and liquidity are now key factors influencing the market. The focus is on the Rupee’s potential impact on the Reserve Bank of India’s upcoming policy decisions.
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