Search For "sbi"
Despite surge in digital payments, paper money circulation at record level
Updated : 1 week, 2 days ago IST
Cash use in India remains strong and currency in circulation has reached a record high despite the rapid rise in digital payments, mainly due to higher consumption, lower interest rates, and the replacement of Rs 2000 notes, according to a report by State Bank of India (SBI).
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CPI new method market additions skewed towards few states, UP, Maharashtra
Updated : 1 week, 2 days ago IST
Consumer Price Index (CPI) new method market additions for the calculation of the inflation data skewed towards few states as UP, Maharashtra accounts for 43 per cent of new markets, highlighted a report by SBI.
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India's agri export to US on set to Jump as 75% of export items now enjoy
Updated : 1 week, 2 days ago IST
India's export to the United States on agricultural commodities is set to witness a significant jump as 75 per cent of such exports will now be at zero tariff, according to a report by SBI.
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India's trade surplus with US may cross USD 90 billion within a year after
Updated : 1 week, 2 days ago IST
India's trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import potential, according to a report by SBI.
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MSME sector displayed remarkable resilience in recent years, says SBI grou
Updated : 1 week, 2 days ago IST
Speaking at the India SME Finance and Summit, Soumya Kanti Ghosh said this growth highlights the sector's increasing significance, with its share rising to 27.3 per cent in 2021, reflecting remarkable resilience in the domestic economy.
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A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO
Updated : 1 week, 2 days ago IST
New Delhi [India], February 11: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of Ind
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India-US trade agreement along with other FTAs positive for Indian economy
Updated : 1 week, 2 days ago IST
While responding to a question by ANI on the India-US trade deal at a press conference, Setty said, "It's not only the India-US deal, but also other trade deals, whether it is with the EU or the FTA with the UK in the past, all these are extremely positive for the Indian economy."
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Inflation needs monitoring in FY27 as new CPI series kicks in: SBI Researc
Updated : 1 week, 2 days ago IST
The trajectory of inflation needs to be monitored before taking a monetary policy call by the Reserve Bank in 2026-27, with the Consumer Price Index (CPI) series set to come into effect soon, said SBI Research in a report.
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Disinflation likely to persist in 2026, seven factors may push US Fed towa
Updated : 1 week, 2 days ago IST
Disinflation in the United States is expected to continue into 2026, driven by a combination of weak labour market trends, fragile monetary conditions, and slowing economic activity, according to a report by the State Bank of India (SBI).
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RBI to keep repo rate unchanged amid currency volatility and bond yield pr
Updated : 1 week, 2 days ago IST
The Monetary Policy Committee (MPC) of the Reserve Bank of India is likely to maintain a status quo on the repo rate in its policy announcement scheduled for Friday, amid continued global economic uncertainty, pressure on government bond yields and volatility in the domestic currency, accord
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India could cut fuel import bill by USD 3 billion by switching to Venezuel
Updated : 1 month, 2 weeks ago IST
India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according to a new report by State Bank of India (SBI) Research.
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SBI Life Insurance registers New Business Premium of ₹31,326 crores for th
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], February 2: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹31,326 crores for the period ended on 31st December, 2025 vis-a-vis ₹26,256 crores for the period ended 31st December, 2024. Regular premium has
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