Tag: sbi

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RBI MPC meeting: RBI MPC begins 3-day meeting today amid expectations of first rate hike since 2023

New Delhi: The Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) begins its 3-day meeting on Monday amid growing expectations of the first interest…

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RBI could keep rates higher for longer amid global and local risks

Mumbai: Overseas developments could play a greater role in the Reserve Bank of India’s monetary policy decisions as financial risks become more cross-border and interconnected,…

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Economic Affairs Secretary underlines need for household savings to be channelled into India’s financial system

India’s financial transformation has built strong foundations, but the next stage will depend on how deeply its savings, institutions and markets connect with the global…

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Forex reserves hit record $740.8 billion, lift rupee

Kolkata: India’s foreign-exchange reserves scaled a new summit of $740.8 billion at the end of August 28, climbing for the ninth straight week, as dedicated…

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‘India was, is and will be one of fastest-growing economies’: SBI Research

New Delhi: India has demonstrated economic resilience through successive global and domestic challenges and will continue to be among the world’s fastest-growing economies, SBI Research…

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Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record

India’s efforts to attract foreign capital have drawn in $32 billion so far, RBI Governor Sanjay Malhotra said in a media interview, with the bulk…

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India should resist early concessions in US trade talks: SBI report

India should avoid making early concessions in its ongoing trade negotiations with the US and instead adopt a patient approach, as Washington’s current negotiating strategy…

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Posted in Economy

RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27

Mumbai: Timelines for an interest-rate increase by the Reserve Bank of India (RBI) are gradually being pushed further back, with economists now visibly tilting toward…

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RBI’s reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold

New Delhi: The Reserve Bank of India‘s announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation…

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SBI Chairman, Apple India MD among 29 members appointed to Board of Trade

New Delhi: The government on Tuesday said it has nominated 29 non-official members, including SBI Chairman CS Setty, Apple India MD Virat Bhatia, and Mahindra…

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