Tag: state bank of india
Will banks start reducing fixed deposit (FD) interest rates from now? All eyes on RBI MPC announcements tomorrow
Is the era of rising interest rates on fixed deposits (FDs) over; will rates start falling now? With another expected pause by the Monetary Policy…
byjus: Byju’s again delays PF contribution for most employees
Beleaguered edtech Byju’s, which has come in for much opprobrium for not contributing its (employer’s) share to employees’ provident fund corpus, has not made that…
HDFC Bank anticipates 17-18% credit growth this year
Country’s biggest private sector lender HDFC Bank expects 17-18 per cent loan growth during the current financial year as there is enough credit demand. HDFC…
MSME: Piyush Goyal asks banks to ensure enhanced, affordable credit to MSMEs
Commerce and industry minister Piyush Goyal has asked banks to ensure enhanced and affordable credit to MSME exporters with a view to boosting the country’s…
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…
ecgc: Exporters with credit limit of up to Rs 50 crore to get 90% insurance cover: ECGC
The Export Credit Guarantee Corporation (ECGC) plans to support exports worth Rs 10 lakh crore in FY24 from around Rs 6.8 lakh crore at present….
RBI assigns additional responsibilities to 3 deputy governors as M K Jain demits office
The Reserve Bank on Wednesday assigned additional responsibilities to three deputy governors consequent on demitting of office by M K Jain. Deputy Governor Jain was…
SBI MD Swaminathan Janakiraman appointed as RBI’s deputy governor
Government on Tuesday appointed Swaminathan Janakiraman as a deputy governor of the Reserve Bank of India for three years from the date of joining, according…
How the right policy mix & economic transformation can create market winners in India
Thronged by hundreds of people, including some Bollywood celebrities, Tim Cook’s excitement was palpable as the chief executive officer of Apple Inc. officially opened its…
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,…