Former RBI Deputy Governor R. Gandhi highlighted concerns over inflation falling below the MPC’s target, necessitating measures to boost growth and production. He clarified the RBI’s focus on managing rupee volatility rather than targeting a specific exchange rate, attributing recent depreciation to trade deficits and year-end outflows.
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