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India Handled Inflation Much Better Than US, Germany, France: SBI Report
India has demonstrated a largely successful inflation targeting regime compared to advanced economies such as the USA, Germany, and France, according to a research report by the State Bank of India (SBI).
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SBI Net Profit Almost Flat At Rs 17,035 Crore In April-June Quarter
State Bank of India (SBI) today reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year.
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State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
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"Something That Should Make Us Very Happy": PM On Growth Reports
Prime Minister Narendra Modi said on Friday India is making remarkable progress towards achieving equitable and collective prosperity as he cited some reports to assert the country stands at the cusp of a new era of economic progress.
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Per Capita Income To Go Up 7 Times By 2047, Says SBI; Real Rise Will Be...
India's per capita income is projected to grow over seven times by 2047, an SBI Research report has said. The report projects a rise in the nominal income, and doesn't account for inflation.
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SBI Posts Highest-Ever Quarterly Profit Of Rs 16,884 Crore
The State Bank of India (SBI) on Friday reported its highest-ever quarterly profit at Rs 16,884 crore in the April-June quarter of 2023-24 -- a nearly three-fold jump over Rs 6,068 crore in the year-ago period -- buoyed by a steep fall in bad loans and higher interest income.
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India Will Be 3rd Largest Economy By 2027, 2 Years Before Estimate: Report
India is likely to get the 3rd largest economy tag in 2027 (2027-28) if it maintains the current rate of growth, and in the process, will surpass both Japan and Germany, said SBI Research in its 'Ecowrap' report.
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Report Explains How Rs 2,000 Withdrawal Will Supercharge India's Economy
The report said that the Rs 2,000 note withdrawal could result in 30% of the deposits or Rs 92,000 crore going to loan repayments
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Centre Gave SBI Rs 8,800 Crore Without Lender Asking For It, Says Auditor
The department under the finance ministry did not conduct assessment of the capital requirement as per its own standard practice before recapitalisation, as per the Compliance Audit Report.
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SBI May Look To Cut Yes Bank Stake Once Lock-In Period Ends: Report
State Bank of India may look to lower its stake in Yes Bank after a lockin period ends on March 6 which was put in place by the central bank as a part of the
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Adani Row: Big Opposition Concession, But It Wants "PM's Reply" - 10 Facts
Both houses of the parliament were adjourned for the day amid loud protests and sloganeering from opposition parties demanding a discussion on alleged frauds in investment by public sector institutions like LIC and SBI, causing loss in market value.
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SBI's Earnings Momentum Solid As It Adds 1.1 Million Savings Accounts Every Month: Report
State Bank of India (SBI) adds about 1.1 million savings account customers every month, Motilal Oswal Financial Services said in a research note.
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Current Account Deficit Likely To Be Lower At 3% This Fiscal: SBI Report
State Bank of India has pencilled in lower current account deficit at 3 per cent for this fiscal as against the minimum consensus of 3.5 per cent, citing rising software exports, remittances and a likely USD 5-billion jump in forex reserves via swap deals.
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State Bank of India's Shares Hit Record High On "Best-In-Class" Results
Shares of State Bank of India (SBI) climbed nearly 5% to an all-time high on Monday after the country's largest lender reported a record quarterly profit.
-
Unseasonal Rains Affecting Crops, Will Impact Food Inflation: Report
Unseasonal rains in parts of India in October may have a large negative impact on food inflation in the coming months, said SBI Research in its latest Ecowrap report
-
India Handled Inflation Much Better Than US, Germany, France: SBI Report
India has demonstrated a largely successful inflation targeting regime compared to advanced economies such as the USA, Germany, and France, according to a research report by the State Bank of India (SBI).
-
SBI Net Profit Almost Flat At Rs 17,035 Crore In April-June Quarter
State Bank of India (SBI) today reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year.
-
State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
-
"Something That Should Make Us Very Happy": PM On Growth Reports
Prime Minister Narendra Modi said on Friday India is making remarkable progress towards achieving equitable and collective prosperity as he cited some reports to assert the country stands at the cusp of a new era of economic progress.
-
Per Capita Income To Go Up 7 Times By 2047, Says SBI; Real Rise Will Be...
India's per capita income is projected to grow over seven times by 2047, an SBI Research report has said. The report projects a rise in the nominal income, and doesn't account for inflation.
-
SBI Posts Highest-Ever Quarterly Profit Of Rs 16,884 Crore
The State Bank of India (SBI) on Friday reported its highest-ever quarterly profit at Rs 16,884 crore in the April-June quarter of 2023-24 -- a nearly three-fold jump over Rs 6,068 crore in the year-ago period -- buoyed by a steep fall in bad loans and higher interest income.
-
India Will Be 3rd Largest Economy By 2027, 2 Years Before Estimate: Report
India is likely to get the 3rd largest economy tag in 2027 (2027-28) if it maintains the current rate of growth, and in the process, will surpass both Japan and Germany, said SBI Research in its 'Ecowrap' report.
-
Report Explains How Rs 2,000 Withdrawal Will Supercharge India's Economy
The report said that the Rs 2,000 note withdrawal could result in 30% of the deposits or Rs 92,000 crore going to loan repayments
-
Centre Gave SBI Rs 8,800 Crore Without Lender Asking For It, Says Auditor
The department under the finance ministry did not conduct assessment of the capital requirement as per its own standard practice before recapitalisation, as per the Compliance Audit Report.
-
SBI May Look To Cut Yes Bank Stake Once Lock-In Period Ends: Report
State Bank of India may look to lower its stake in Yes Bank after a lockin period ends on March 6 which was put in place by the central bank as a part of the
-
Adani Row: Big Opposition Concession, But It Wants "PM's Reply" - 10 Facts
Both houses of the parliament were adjourned for the day amid loud protests and sloganeering from opposition parties demanding a discussion on alleged frauds in investment by public sector institutions like LIC and SBI, causing loss in market value.
-
SBI's Earnings Momentum Solid As It Adds 1.1 Million Savings Accounts Every Month: Report
State Bank of India (SBI) adds about 1.1 million savings account customers every month, Motilal Oswal Financial Services said in a research note.
-
Current Account Deficit Likely To Be Lower At 3% This Fiscal: SBI Report
State Bank of India has pencilled in lower current account deficit at 3 per cent for this fiscal as against the minimum consensus of 3.5 per cent, citing rising software exports, remittances and a likely USD 5-billion jump in forex reserves via swap deals.
-
State Bank of India's Shares Hit Record High On "Best-In-Class" Results
Shares of State Bank of India (SBI) climbed nearly 5% to an all-time high on Monday after the country's largest lender reported a record quarterly profit.
-
Unseasonal Rains Affecting Crops, Will Impact Food Inflation: Report
Unseasonal rains in parts of India in October may have a large negative impact on food inflation in the coming months, said SBI Research in its latest Ecowrap report
