India contributed around 6.7 per cent to the global economy's incremental growth in FY25 and State bank of India (SBI) alone accounts for 1.1% of the incremental growth, according to a report by SBI research.
The credit growth of Scheduled Commercial Banks (SCBs) has moderated to 9.6 per cent as on 13 June 2025, a sharp decline from 19.1 per cent recorded a year ago, according to a recent report by the State Bank of India (SBI).
Mumbai (Maharashtra) [India], June 26: As the monsoon season brings much-needed relief through refreshing showers, it also presents a range of challenges for vehicle owners. Waterlogged streets, unexpected flooding, slippery roads and reduced visibility significantly increase driving risks.
Crude oil prices are now expected to remain around USD 65 per barrel after US President Donald Trump announced a ceasefire between Iran and Israel, bringing relief to global markets.
Delhi Police has arrested a man for duping people by posing as customer care executive of a credit card delivery service and sending them malicious APK files to gain unauthorised access to their devices.
Mumbai (Maharashtra) [India], June 20: SBI Life Insurance, one of India's most trusted private life insurers, marked the finale of its national innovation initiative -- Hack-AI-Thon2025 -- a strategic platform to crowdsource artificial intelligence-driven solutions to real-business challenge
The recent cut in the Cash Reserve Ratio (CRR) during the monetary policy announcement by the Reserve Bank of India is expected to create room for additional credit growth of 1.4-1.5 per cent, according to a report by the State Bank of India (SBI).
Bengaluru (Karnataka) [India], June 18: KredX, India's leading integrated cash flow and supply chain finance platform, has announced a strategic partnership with the State Bank of India (SBI). This collaboration aims to expand access to digital trade receivable discounting through its RBI-li
India's market borrowing program has seen a stable and orderly evolution in recent years, with net borrowings remaining under control despite the country's growing economic needs.
Mumbai (Maharashtra) [India], June 16: Fathers often stand as the silent anchors of the family--offering strength, stability, and unwavering commitment. They seamlessly balance personal and professional responsibilities, quietly prioritising their family's well-being and future. This Father'
Consume price inflation in India which eased to an over six-year low in May (at 2.82 per cent) is seen declining further towards 2 per cent, perhaps even lower, by July, according to a report SBI Research.
It said India's household debt is manageable and not worrisome at all, as two-thirds of the portfolio is of prime and above credit quality and the rise is attributed to a growing number of borrowers rather than an increase in average indebtedness.