Shares of the private sector lender rose 4.15 per cent to Rs 43.85 on the BSE.

Loan rates to come down; repo rate now at 5.15%, GDP growth pegged at 6.1%

Lending limit per borrower has been raised from Rs 1 lakh to Rs 1.25 lakh.

Equity markets are cautious and watchful about the earnings season which at this juncture looks less enthusiastic.

The directions for implementing recommendations will be issued in consultation with the central government and other regulators: RBI

Banks will identify one district in each state or union territory to make it 100 per cent digitally enabled.

RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.

RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.