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Reserve Bank

Cash sales at petrol pump spike to 90% as customers rush to use Rs 2,000 notes

Cash purchase of fuel at petrol pumps using Rs 2,000 notes has spiked to almost 90 per cent of daily sales as buyers rushed...

RBI raises repo rate by 25 basis points to 6.5 per cent

The Reserve Bank on Wednesday hiked key benchmark policy rate by 25 basis points to 6.5 per cent, citing sticky core inflation. This is the...

Home, auto loans to be expensive

PNS | MUMBAI The Reserve Bank on Wednesday expectedly raised the benchmark lending rate by 35 basis points (bps) - the fifth increase since May...

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