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BusinessPhoto: ET MarketsAU Small Finance Bank reported a 53% increase in Q2 profit, reaching Rs 858 crore. The bank's gross non-performing assets (NPA) ratio dropped by 42 basis points to 1.99% by September-end. Provisions fell 25% to Rs 359 crore from Rs 481 crore. Net NPA ratio improved by 7 basis points to 0.81%, and annualised credit cost decreased by 45 basis points to 0.8% from 1.2% year-on-year.
ET Markets·
WorldPhoto: Times of IndiaIran has denied reports claiming it offered to reopen the Strait of Hormuz in exchange for the US lifting its naval blockade. The IRGC-affiliated Tasnim news agency stated that Tehran has made no new proposal to Pakistani mediators regarding this matter.
Times of India·
SportsPhoto: Aaj TakIn the second T20 match against New Zealand, Indian batsman Tilak Verma impressed fans with his performance. After India lost five wickets at a score of 70, Tilak Verma and Nitish Kumar Reddy formed a crucial partnership that helped India secure a victory in a seemingly lost match.
Aaj Tak·
EntertainmentPhoto: TOI EntertainmentAlex Perez, 23, was arrested on the set of 'Miami Vice 85' in Brooklyn after threatening staff with a butcher's knife. Police intervened following a confrontation. Perez has a criminal record with five prior arrests related to weapons and gangs. He now faces charges of menacing and illegal possession of a weapon.
TOI Entertainment··Brooklyn
SportsPhoto: TOI SportsIn the 1st Unofficial Test between India A and New Zealand A, Anshul Kamboj took three wickets but New Zealand A secured a lead of over 100 runs. India A struggled with their batting, ending at 113 all out in 39.2 overs. Yash Rathod was unbeaten on 44, hitting three sixes. Simon Keene took five wickets for 24 runs, leading New Zealand A's bowling attack.
TOI Sports·
BusinessPhoto: News18Hi BusinessSEBI is preparing to curb misuse of trading terminals and introduce differentiated rules for brokers based on their risk levels. It will also simplify and make transparent the regulations on short selling, corporate bonds, and buybacks. These measures aim to clean up the market and strictly control brokers exploiting existing rules.
News18Hi Business·
ET Markets·
Photo: ET MarketsAU Small Finance Bank reported a 53% increase in Q2 profit, reaching Rs 858 crore. The bank's gross non-performing assets (NPA) ratio dropped by 42 basis points to 1.99% by September-end. Provisions fell 25% to Rs 359 crore from Rs 481 crore. Net NPA ratio improved by 7 basis points to 0.81%, and annualised credit cost decreased by 45 basis points to 0.8% from 1.2% year-on-year.
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