RBI lets AU Small Finance Bank join the big boys club! Who wins?

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Arbitrage funds’ AUM rose 22.2% from the March 2025 quarter, followed by multi asset allocation funds with a 15.4% increase.

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Sanjay Agarwal, MD & CEO, AU Small Finance Bank said the immediate priority is to lower the bank’s cost of funds and stay focused on retail lending.

The lender had earlier disclosed the plan to raise funds through this preferential issue and has now confirmed receiving the necessary RBI clearance for the investment.

According to data compiled by Elara Securities Research, JLR reported a Q1 tariff impact of €254 million, representing 3.8% of its total sales.

Indian Continent Investment stated that the sale proceeds will be used to strengthen its balance sheet and help maintain a prudent leverage profile.

Reports of the planned exemption led US gold futures to pare gains, retreating from an all-time high of $3,534.10 an ounce.

The S&P 500 was up 0.7% and hovering around its record. The benchmark index is on track to wipe out its losses from a slide last week. The Dow Jones Industrial Average rose 223 points, or 0.5%, as of 1:24…

Revenue from operations grew 15.5% to ₹4,347 crore, up from ₹3,763 crore in the year-ago quarter. Profit from operations stood at ₹454 crore, a 9.2% increase from ₹416 crore in Q3 FY24. Shares of Siemens Ltd ended at ₹3,030.75, down…