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2 mins read
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…
ANI
2 mins read
High food prices raise concerns but improved monsoon offers hope for RBI: SBI report
Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…
ANI
1 min read
SBI posts 9.13% rise in consolidated net profit to Rs 16,099 crore in Q2
On a standalone basis, it posted a net profit of Rs 14,330.02 crore as against Rs 13,264.52 cro…
PTI
5 mins read
SBI Q4 results: India’s largest lender posts record quarterly net profit of ₹16,695 crore, up 83% YoY
State Bank of India (SBI) on Thursday posted its highest-ever standalone quarterly net profit of ₹1…
1 min read
SBI Card Q3 profit rises 8 pc to ₹549 crore
Total operating cost increased by 23 per cent at Rs 2,426 crore for the third quarter of FY24…
PTI
2 mins read
SBI report deciphers India's GDP surge and economic projections
India's GDP expanded by a remarkable 8.4 per cent during this period, following consecutive quarter…
ANI
1 min read
SBI Q3 net profit jumps 62% to ₹15,477 crore
The country's largest lender State Bank of India on Friday reported a 62 per cent growth in its net…
PTI
2 mins read
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
5 mins read
Banks, autos steal limelight in Q1 profit growth, while commodity driven firms remain under pressure
More than half of the companies that have announced their earnings so far have either met or exceed…
2 mins read
SBI Card profit gets squeezed by bad loans, impairment charge, and a big provision for COVID-19
SBI Cards and Payment Services today posted its Q4 earnings (January-March 2020), revealing a fall …
1 min read
SBI reports ₹8,432 net profit in Q3, a 62% year-on-year increase
Accordingly, the net profit represents an increase of 62.27 per cent rise on YoY basis. The b…
8 mins read
SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4
Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…
3 mins read
Heatwave and high commodity prices drag down March quarter and FY22 GDP estimates
Inflation is not only hurting the common people’s pockets, it’s now dragging down the overall econo…
2 mins read
Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit
On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…
3 mins read
India’s largest bank was caught lying about its profits for 3 years but no one got punished, according to an expose
What makes it worse is that all this information is available with the banking regulator, Reser…
3 mins read
India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA
Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…
3 mins read
India’s largest bank is paying out a dividend for the first time in four years
State Bank of India (SBI), India’s largest public sector bank, is finally paying out a dividend for…
1 min read
India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit
Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against …
PTI
5 mins read
Inflation expected to cool down but economists expect another rate hike after January shocker
Economists expect inflation to cool down and drop to 5% by April this year, comfortably below the u…
3 mins read
SBI Card doubles its profit as its customers increase spends by 80% – but FY23 off to a slow start
SBI Card, the second largest credit card issuer in India, reported a 106% year-on-year increase in …