DD India
February 19, 2025 4:38 PM
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 ...
February 18, 2025 7:17 PM
Recapitalisation and reforms in recent years have worked well for public sector banks, resulting in cleaner balance sheets, State Bank of India (SBI) Chairman C.S. Setty said on Tuesday. The savings behaviour has also changed, as depositors are prac...
February 6, 2025 4:20 PM
India's largest public sector lender, the State Bank of India (SBI), on Thursday reported an impressive 84.32 per cent surge in net profit (year-on-year) at Rs 16,891 crore for the October-December quarter (Q3 FY25), from Rs 9,164 crore in the year-a...
January 20, 2025 11:35 AM
More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR (variable rate repo) has been taken as the first step to manage liquidity in the banking system, according to an SBI research report. “Such changes and f...
January 3, 2025 4:28 PM
In 2024, India's poverty rate has fallen below 5%, with extreme poverty nearly eradicated, according to a research study by the State Bank of India (SBI). The report estimates that national poverty rates are now between 4-4.5%, marking a significant...
December 7, 2024 2:20 PM
The State Bank of India (SBI) has forecast India's GDP growth at 6.3% for FY25, lower than the Reserve Bank of India's (RBI) projection of 6.6%, according to its latest report. The average growth for the first two quarters of FY25 now stands at ...
October 10, 2024 10:37 AM
Following the Reserve Bank of India's (RBI) forecast of over 7% GDP growth for the entire financial year 2024-25, a recent State Bank of India (SBI) report has highlighted that such a scenario of rate cuts accompanying high growth rates has rarely, i...
October 3, 2024 3:23 PM
The Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, according to a report by the State Bank of India (SBI). The report cites India's strong economic growth, potentially exceeding its long-ter...
June 3, 2024 4:45 PM
The market capitalization of the State Bank of India (SBI) crossed the Rs 8 lakh crore mark on Monday after the bank's shares surged by 9 per cent during a rally in the stock market, hitting an all-time high of Rs 912. SBI's shares have increased by...
May 9, 2024 11:36 PM
The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 c...
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