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SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President

The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…

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SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI   


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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!

New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…

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RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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India handled inflation much better than US, Germany and France: SBI Report

India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…

ANI   


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Markets rebound in early trade on rally in global peers, foreign fund inflows

The 30-share BSE Sensex jumped 428.83 points to 81,951.99 in early trade. The NSE Nifty climbed 154…

PTI   


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SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now

The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…

PTI   


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Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…

ANI   


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Nine of top 10 valued firms add Rs 95,522 cr to market valuation; Reliance, TCS lead gainers

Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent…

PTI   


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SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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Centre approves appointments of new Chairman, Managing Director of State Bank of India

The central government approved Challa Sreenivasulu Setty as the new Chairman of State Bank of Indi…

ANI   


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CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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Mcap of 8 of top-10 most valued firms erodes by Rs 1.66 lakh cr; Reliance, LIC biggest laggards

Last week, the BSE benchmark slumped 1,276.04 points or 1.57 per cent.

PTI   


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Adani Group to commission first phase of $4 billion PVC petrochemical project by Dec 2026

Polyvinyl chloride (PVC) — the third-most common synthetic plastic polymer made worldwide — is used…

PTI   


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Mcap of 8 of top-10 most valued firms jumps Rs 2.10 lakh crore; TCS and LIC sparkle

In the top-10 table, Reliance Industries retained the title of the most valued firm.

PTI   


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SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2

State-owned Bank of Maharashtra (BoM) retained the top spot among public sector lenders in loan and…

PTI