After the RBI projected more than 7 per cent of GDP growth for the entire financial year 2024-25, a latest report by State Bank of India noted that a rate cut with a 7 per cent growth never happened in the history.
With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the State Bank of India (SBI).
Indian bond markets may witness high inflows in the coming months as the fed rate cut decision has made interest rate difference in India and other countries, highlighted a report by SBI.
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).
According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its latest report asked for tax reforms. The report says tax Reforms for Deposits can accentuate the banking system's stability and resilience to next level.
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and Regional Rural Banks on Monday, the State Bank of India (SBI) in its latest report noted that the belief that the deposit growth in the banking sector is flagging just a statistical myth.
The SBI's latest report highlights that the once-dominant "Follow the Fed" mantra appears to be waning, with an increasing number of central banks prioritizing domestic economic conditions over synchronizing with U.S. rate decisions, signalling a shift in global monetary policy dynamics.
With La Nina getting precedence going ahead, excess rainfalls could result in crop loss and thus a negative impact on food prices, SBI Research report, authored by Soumya Kanti Ghosh, Group Chief Economic Advisor, said.
A research report by the State Bank of India (SBI) highlights the continuous upward trend in credit growth in Indian banks, which is outpacing the growth of deposits.
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2024, driven primarily by higher food and beverage prices.
Lauding the findings of State Bank of India (SBI) report,Union Minister Hardeep Singh Puri said that only 2.9 crore jobs were created during UPA's 10 year rule in comparison to 12.5 crore jobs created by the Modi-led government in the past ten years.