Tag: state bank of india

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Posted in Economy

Centre’s FY27 capex seen topping Rs 12 lakh crore: SBI

New Delhi: Capital expenditure by the central government is expected to cross Rs 12 lakh crore in (Financial Year) FY27, registering a year-on-year growth of…

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Posted in Economy

Nominal GDP pegged at 10.5%-11% for FY27, fiscal deficit seen at 4.2%: Report

New Delhi: Nominal gross domestic product (GDP) growth for FY27, a key assumption for Budget calculations, is projected at 10.5-11%, as rising international commodity prices…

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Posted in Economy

India set to move into upper-middle-income group by 2030 & join China: SBI

India is set to move into the upper-middle-income group by the end of this decade, joining China and Indonesia, according to a latest report by…

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Urban mobility infra strengthened household finances: EAC-PM
Posted in Economy

Urban mobility infra strengthened household finances: EAC-PM

New Delhi: Improved access to efficient public transport reduces households’ dependence on private vehicles, thereby lowering recurring transportation expenses, said a working paper by the…

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RBI’s likely to hold interest rates with inflation set to rise

MUMBAI: The Reserve Bank of India (RBI) is expected to keep its repo rate unchanged in its February policy meeting as the central bank would…

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Posted in Economy

India’s FY26 GDP growth may exceed NSO estimate after base year revision: SBI report

New Delhi: The domestic GDP growth for FY26 is likely to be higher than the National Statistical Office’s (NSO) current estimate once the government releases…

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SBI Funds IPO offered fees of about 0.01% of the issue size, which bankers called rock bottom, after some domestic advisers quoted only a token fee for the mandate. (Bloomberg)
Posted in Business

Just 0.01%? Citi, JPMorgan opt out of $1.4-billion SBI Funds IPO on low fees| Business News

Some of Wall Street’s biggest banks have opted out of advising on a planned $1.4 billion initial public offering of India’s SBI Funds Management Ltd….

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Posted in Economy

SBI bets on rupee trade to deepen India–Israel economic ties

The State Bank of India (SBI), the only Indian bank with a presence in Israel, is preparing to facilitate trade settlement between the two countries…

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Posted in Economy

States to gain Rs 17,000 crore under VB-G RAM G scheme: SBI report

New Delhi: States will be net gainers under the new rural employment law, a State Bank of India research report has said, estimating the gains…

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Posted in Economy

CoC cannot alter approved resolution plan, reallocate funds of dissenting creditors: NCLAT

New Delhi, The Committee of Creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved,…

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