Tag: state bank of india

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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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Posted in Economy

Sebi gives its go-ahead to road ministry’s proposed public InvIT

The Securities and Exchange Board of India (SEBI) has given its go ahead to the National Highways Authority of India (NHAI) sponsored Raajmarg Infra Investment…

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Posted in Economy

GeM facilitates Rs 2,200 cr asset disposal for govt entities in 4 years

New Delhi: Public procurement portal Government E-Marketplace (GeM) has enabled government departments and entities to raise Rs 2,200 crore over the last about four years…

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RBI unlikely to play Santa again in February
Posted in Economy

RBI unlikely to play Santa again in February

MUMBAI: Economists expect the Reserve Bank of India to keep its key policy rate unchanged at 5.25% in February, as inflation begins to rise from…

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The labour laws will lower EMIs for both existing and new borrowers whose loans are linked to these benchmarks. (Bloomberg)
Posted in Business

SBI reduces lending rates by up to 25 bps to pass on RBI rate cut benefits| Business News

State Bank of India has reduced its lending rate by up to 25 basis points to pass on to customers the benefit of the RBI…

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RBI May Need to Inject Further `2 L-Cr to Let Rates Transmit
Posted in Economy

RBI may need to inject further ‘2 lakh crore to let rates transmit

Mumbai: Economists and treasury officials noted that the Reserve Bank of India may need to provide at least ‘1.5-2 lakh crore of additional durable liquidity…

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Posted in Economy

RBI Governor expects deposit rates to ease but that may not be easy

Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra Friday said he expects deposit rates to moderate in line with bank lending rates, after the…

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Posted in Economy

Rupee slide not a worry, says CEA V Anantha Nageswaran as FDI set to top $100 billion

New Delhi: Chief economic adviser V Anantha Nageswaran downplayed concerns over the rupee breaching the 90-per-dollar mark, saying, “I am not losing my sleep over…

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