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.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline
July 28, 2026