Tag: state bank of india
RBI MPC Meeting 2026: Sanjay Malhotra & Co hold rates steady at 5.25% as oil shock, weak rupee & West Asia war cloud outlook
The Reserve Bank of India (RBI) on Friday unanimously voted to keep the benchmark repo rate unchanged at 5.25 per cent, with the Monetary Policy…
Money market-volumes jump to record as bank lending booms
India’s money-market turnover jumped to a record as state-owned lenders stepped up borrowing to fund booming credit demand. The value of trades in the so-called…
SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: Report
State-owned lender SBI’s Chairman CS Setty said a pause would be an appropriate decision by the Monetary Policy Committee (MPC) at its upcoming policy meeting,…
RBI likely to keep status quo on policy rate as threats loom
Mumbai: The Reserve Bank of India is likely to leave the policy rate unchanged at its June meeting, according to a majority of economists in…
West Asia conflict may slow India’s growth, push up Inflation: SBI Chairman
State Bank of India (SBI) chairman Challa Sreenivasulu Setty has warned that the ongoing conflict in West Asia could drag on global growth and push…
West Asia crisis yet to impact inflation, but fuel prices pass-through to shape outlook: Report
New Delhi, The ongoing tensions in West Asia have not yet significantly impacted India’s retail inflation, but the future trajectory of inflation will depend on…
Maldives repays second $50 million Indian treasury bill: Muizzu
Male: The Maldives has settled payment to India on a USD 50-million treasury bill, President Mohamed Muizzu said on Monday, according to a local media…
Now make EPF payments via net-banking as Federal Bank launched this facility for its customers
Federal Bank has announced that its customers now can make Employee Provident Fund (EPF) related payments via its net-banking platform. In a press release dated…
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…