Tag: sbi
2000 note ban: Rs 2000 notes cleanup: How the demise of the pink notes is set to supercharge India’s economy
In what may be a consolation to the worried citizens of the country, the Reserve Bank of India‘s decision to withdraw Rs 2,000 banknotes from…
gdp growth: Domestic GDP growth on firm footing, growth slightly revised upwards: SBI study
Country’s largest commercial lender State Bank of India (SBI) said that domestic GDP growth is now on firm footing with urban demand showing good traction,…
Supreme Court order on banking fraud: RBI to shortly issue new guidelines
The Reserve Bank will ‘shortly’ come out with revised guidelines on fraudulent account classification to take into account the recent apex court order that asked…
msp: Kharif crop MSP hike unlikely to have big impact on inflation, say economists
The increase in minimum support prices (MSP) for kharif crops by 5-11% is unlikely to have a significant impact on inflation unless crop production falters,…
epfo: EPFO plans to hire two consultants to manage debt and equity portfolios
The Employees’ Provident Fund Organisation is planning to hire two consultants to manage its debt and equity portfolio separately, instead of one so far, as…
RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged
Is the era of rising interest rates on fixed deposits (FDs) coming to an end? Only time will tell but there is a chance that…
Psbs See Queues As Pvt Banks Turn Cautious
(This story originally appeared in on May 27, 2023) MUMBAI: Public sector banks (PSBs) are bearing the brunt of the Rs 2,000 note exchange traffic,…
Big deposits of ₹2,000 notes in Jan Dhan accounts will draw tax scrutiny | Latest News India
Mass cash deposits are likely to come under scanner to catch tax evaders using third party bank accounts to hide their wealth while exchanging ₹2,000…
ireda: DRHP filing for IREDA listing likely in 6 months
The draft red herring prospectus for the initial public offer (IPO) of state-run Indian Renewable Energy Development Agency (IREDA) could be filed with the capital…
India WPI: WPI declines for 11th straight month, falls to -0.92% in April
Wholesale price-based inflation declined to -0.92 per cent in April on an annual basis from 1.34 per cent in March, the Department for Promotion of…