Search For "bank of india"
India's per capita GDP jumps by over Rs 40,000 in two years: SBI Report
Updated : 1 year ago IST
India's per capita GDP at current prices is estimated to reach Rs 2.35 lakh in the financial year 2024-25 (FY25), driven by better policy-making and improved distribution of benefits through the Direct Benefit Transfer (DBT) system, according to a report by the State Bank of India (SBI).
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After strict regulations in 2023 & 2024, RBI's Policy shift boosts Ban
Updated : 1 year ago IST
After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a report by CLSA Research.
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RBIs new governor adopting a more consultative approach in decision making
Updated : 1 year ago IST
The Reserve Bank of India (RBI) has adopted a more consultative approach under its new Governor, as reflected in its recent decision to roll back the increase in risk weightage on loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), according to a report by
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Tripura: Governor stresses financial empowerment of women for national pro
Updated : 1 year ago IST
In his address, the Tripura Governor underscored the significance of financial empowerment for women, highlighting its pivotal role in the upliftment of communities, states, and the entire nation. He emphasised that empowering women financially is crucial to realising the dream of transformi
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RBI launches Financial Literacy Week 2025 with a focus on women's prosperi
Updated : 1 year ago IST
The event was inaugurated by RBI Governor Sanjay Malhotra, who emphasised the importance of empowering women to play a significant role in driving the country's inclusive and sustained economic growth.
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SATYA MicroCapital Ltd. Re-appoints Former Executive Director, RBI - Surek
Updated : 1 year, 1 month ago IST
New Delhi [India], February 22: During the course of its recently organized 2nd Extraordinary General Meeting (EGM), SATYA MicroCapital Limited has confirmed the appointment of Surekha Marandi, Former ED - Reserve Bank of India & renowned Financial Inclusion Expert as its Independent Dir
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India's GDP growth likely to improve to 6.2 pc in Q3FY25 from 5.4 pc in Q2
Updated : 1 year, 1 month ago IST
India's economic growth is expected to pick up momentum in the third quarter of the financial year 2024-25 (Q3FY25), with GDP growth estimated at 6.2 per cent, up from 5.4 per cent in the second quarter (Q2FY25), according to a report by Union Bank of India.
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Budget proposals on agriculture, fiscal consolidation commitment positive
Updated : 1 year, 1 month ago IST
The budget proposals on agriculture and the commitment to fiscal consolidation, among others, are positive for price stability and would help to anchor inflation expectations over the medium term, RBI Governor Sanjay Malhotra said, as per the minutes of the latest monetary policy review meet
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Financial institutions must invest in digital infrastructure to stay compe
Updated : 1 year, 1 month ago IST
Financial institutions must invest in digital infrastructure and adopt a data-driven, customer-centric approach to remain competitive in the evolving financial landscape, said M. Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI).
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Around 4000 Indian companies report strong EBITDA growth in Q3FY25: SBI Re
Updated : 1 year, 1 month ago IST
Indian companies showed a strong recovery in the October-December quarter (Q3FY25) after two consecutive quarters of negative EBITDA growth, says a report by the State Bank of India (SBI).
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India will have GDP loss of 50 bps if US applies 20 pc reciprocal tariffs:
Updated : 1 year, 1 month ago IST
In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points (bps) to India's GDP.
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Indian Rupee likely to trade in 86.5-87.5/USD range in near term, RBI to k
Updated : 1 year, 1 month ago IST
The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with the Reserve Bank of India (RBI) likely to keep its intervention limited, according to a recent report by Bank of Baroda.
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