Follow Us on Google News Mumbai, March 9 (IANS) Finance Minister Nirmala Sitharaman has inaugurated 70 branches and 501 Women Customer Service Points of the State Bank of India (SBI) as part of the commitment to extend banking services to the underserved population of the country. The Finance Minister said the inauguration of the new … Read more
Mumbai, Feb 23 (IANS) The State Bank of India (SBI) is targeting to be Net-Zero in emissions by 2055, the year the bank celebrates the centenary year of its existence, SBI Chairman Challa Sreenivasulu Setty said on Sunday. Setty’s announcement came at the ‘SBI Green Marathon Season 5’ event which he flagged off here with … Read more
New Delhi, Feb 19 (IANS) SBI economists have pegged India’s GDP growth at 6.2-6.3 per cent for Q3 (October-December) of 2024-25 driven by buoyant demand and Capex trends along with the increase in EBIDTA and corporate GVA recorded by India Inc. The SBI report released on Wednesday considers the slowdown in the second quarter (Q2) … Read more
New Delhi, Feb 15 (IANS) A Special Hyderabad court has allowed the ED to hand over properties worth Rs 30.71 crore to the State Bank of India in connection with a money laundering case against Sheetal Refineries Limited. Apart from causing a loss of Rs 136.29 crore to the SBI, the company caused a loss … Read more
New Delhi, Feb 4 (IANS) SBI economists expect the RBI to announce a 0.25 per cent rate cut in the monetary policy committee meeting on February 7. As the fiscal stimulus of Budget 2025-26 plays out, the RBI at least in the short run has room for rate cuts, according to an SBI Research report … Read more
New Delhi, Jan 25 (IANS) Extending the Production Linked Incentive (PLI) scheme and charting a uniform GST rate can be crucial to help boost the medical devices market in India, said a report from the State Bank of India (SBI), ahead of the Union Budget 2025. In the report, SBI proposed a series of reforms … Read more
New Delhi, Jan 25 (IANS) India Inc should match the pace and intent of the central government in terms of visualising for the next 50 years, that has frontloaded building robust infrastructure across physical-technical-social space, ensuring traction among various income groups, an SBI report has suggested ahead of the Union Budget 2025-26. Good profitability post … Read more
