The Reserve Bank raised the benchmark policy repo rate, the rate at which it lends to banks by 50 basis points ( one basis point is 0.01 percent) to 5.4 percent in its September 30 policy statement as consumer inflation has been consistently above the upper band of the mandated target of 2-6 per cent even as growth concerns remain.
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
October 24, 2026