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1 min read
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…
1 min read
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
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
3 mins read
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…
2 mins read
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
2 mins read
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
1 min read
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
2 mins read
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
2 mins read
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
2 mins read
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
1 min read
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
2 mins read
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
2 mins read
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
3 mins read
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
1 min read
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
2 mins read
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
1 min read
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
3 mins read
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
2 mins read
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…