Tag: state bank of india
SBI calls for structural measures to manage rupee depreciation, inflation risks and BoP deficit
New Delhi: India needs a comprehensive and structural policy response to manage rising risks from rupee depreciation, imported inflation and a widening balance of payments…
State capex hits 2.7% of GDP under SASCI scheme: Report
New Delhi: The Special Assistance to States for Capital Investment (SASCI) scheme lifted state capital expenditure to 2.7% of gross domestic product (GDP) in 2024-25…
RBI’s oil forex window set to fuel rupee recovery
Mumbai: The Reserve Bank of India has opened an exclusive foreign exchange window for supplying dollars to state-run refiners, easing pressure on the spot exchange…
Perfios appoints Nitin Chugh as the group CEO
Banking technology company Perfios has appointed former State Bank of India deputy managing director Nitin Chugh as the firm’s new group CEO and managing director….
India’s GDP growth likely at 8.1% in Q3FY26 amid domestic demand boost: SBI report
New Delhi: India’s economy is expected to maintain strong growth momentum, with GDP projected to expand by around 8.1 per cent in the third quarter…
Cash craze: Currency in circulation touches record Rs 40 lakh crore
Currency in circulation (CiC) hit a record Rs 40 lakh crore in January, up 11.1% year-on-year, even as the cash-to-GDP radio fell to about 11.2%,…
India-US trade agreement along with other FTAs positive for Indian economy: SBI Chairman
Mumbai : State Bank of India (SBI) Chairman CS Setty on Saturday said the India-US trade agreement, along with the other recently concluded Free Trade…
RBI MPC Meet Highlights: Governor on repo rate, inflation, rupee and exports, key points explained
All eyes are on the Reserve Bank of India’s Monetary Policy Committee (MPC) as it prepares to announce its policy decision on Friday. According to…
RBI MPC 2026: Central bank to keep repo rate unchanged amid currency volatility and bond yield pressures, as per SBI report
The Monetary Policy Committee (MPC) of the Reserve Bank of India is likely to maintain a status quo on the repo rate in its policy…
India weighs up to 49% foreign stake in PSU banks including SBI to fund growth| Business News
India is considering allowing foreigners to own up to 49% stake in its public sector banks as policymakers seek to bolster capital at these lenders…