Tag: state bank of india
RBI MPC meeting to begin today, policy rate announcement on Wednesday
The Monetary Policy Committee (MPC) of the Reserve Bank of India will begin its three-day meeting today in Mumbai to decide on the policy rates….
IL&FS resolution at end of the tunnel for Chenani-Nashri
Creditors led by State Bank of India (SBI) are set to receive more than Rs 5,500 crore this month as one of the largest IL&FS…
RBI economists back pause on rates as inflation cools, growth stays strong
Mumbai: A lower inflation print and strong economic growth have led to a majority of economists proposing a pause on policy rates at a consultative…
RBI forms committee for periodic review of regulations
The Reserve Bank of India on Wednesday announced that it has constituted a Regulatory Review Cell (RRC), in a bid to strengthen the institutional mechanism…
UCO Bank gets approval to work with sanctioned refiner Nayara
Indian lender UCO Bank has received government approval to facilitate trade payments for Nayara Energy Ltd., according to people familiar with the matter, nearly two…
Inflation’s ways give room for a rate cut, but RBI may not do it
India’s inflation environment remains benign as reinforced by the latest Consumer Price Index (CPI) print, providing space for potential monetary easing. However, most economists, including…
Economists lower India inflation forecasts despite August uptick; GST reforms supportive
India’s retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country’s broader…
India aims for two PSBs on world top 20 list by 2047
NEW DELHI: India will aim to have at least two public sector banks (PSBs) among the world’s top 20 by 2047, aligned with the Viksit…
FinMin for creation of two globally competitive banks as part of Viksit Bharat vision
India aims to establish two globally competitive banks, with assets that would rank them among the top 20 lenders in the world as part of…
Anil Ambani claims ‘no role whatsoever’ in RCom after Bank of Baroda declares him a ‘fraud’
Anil Ambani has claimed that he is being “selectively targeted” by banks, after Bank of Baroda declared him and the loan accounts of the insolvent…