We had suggested AU Small Finance Bank (CMP: Rs 1415, Market Cap: Rs 44,577 crore) a few weeks back based on its improving outlook and interesting valuation. Since then the stock has had a stellar run. The quarterly results only reinforce our confidence in this high-growth superior quality banking name. The largest small finance bank finished its five-year journey in style, with asset quality reverting to pre-Covid levels, growth coming back, and margin intact, thanks to the superior deposit...
Moneycontrol Pro Panorama | Putting inflation back in the bottle
May 23, 2022 / 05:47 PM IST
In today’s edition of Moneycontrol Pro Panorama: PM on why Japan matters to India, Paytm’s valuation shock, steel stocks in the line of fire, the Eastern Window and more
Read NowMoneycontrol Pro Weekender | People’s Bank of China rides to the rescue
May 21, 2022 / 10:10 AM IST
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth
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