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Union Budget should focus on fiscal prudence, tax restructuring, agricultu
Updated : 1 year, 8 months ago IST
As the central government prepares for the upcoming budget on July 23rd, a research report by the State Bank of India (SBI) highlights crucial areas that need attention to drive sustainable economic growth and development.
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Centre must target 4.9% fiscal deficit in 2024 and continue consolidation,
Updated : 1 year, 8 months ago IST
The government under Prime Minister Narendra Modi should focus on adherence to fiscal prudence and continue on the fiscal consolidation path, suggested SBI Research ahead of the much-awaited full Budget for 2024-25 to be tabled on July 23 - the first Budget under Modi 3.0.
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Private sector banks in India lead market cap surge; Axis Bank shines with
Updated : 1 year, 8 months ago IST
The data highlights a surge in the market capitalization of private sector banks for the three months ending June 30, with the sector showing stronger metrics compared to their public sector counterparts.
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Credit growth in India expected to exceed nominal GDP this fiscal: SBI Cap
Updated : 1 year, 8 months ago IST
Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent, according to SBI Capital Markets.
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BSF organises "Grow with the Trees" plantation drive in Srinagar
Updated : 1 year, 8 months ago IST
Border Security Forces (BSF), in association with SBI Bank, organised a "Grow with the Trees" plantation drive at BSF Headquarters in Srinagar on Saturday.
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SBI launches online quick loan solution for MSMEs
Updated : 1 year, 8 months ago IST
The solution, named "MSME Sahaj - End to End Digital Invoice Financing", has been developed that will provide solutions ranging from applying the loan, documentation and disbursement of the sanctioned loan within 15 minutes, without any manual intervention.
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SBI raises Rs 10,000 crore through infrastructure bonds at 7.36 per cent
Updated : 1 year, 9 months ago IST
The bank said that the total number of bids received was 143 indicating wider participation and heterogeneity.
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Panasonic Partners with State Bank of India (SBI) to Provide Financing to
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 24: Panasonic Life Solutions India Private Limited (PLSIND), a leading player in the distributed solar energy sector, is excited to announce a new partnership with the State Bank of India (SBI), one of India's most renowned financial institutions. This stra
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Public Sector Unit banks still lead Indian banking landscape: SBI report
Updated : 1 year, 9 months ago IST
The Public Sector Banks (PSBs) in India holds a dominant position in the banking sector by accounting for more than 50 per cent of the banking business in terms of market share, branches, and Automated Teller Machines (ATMs), highlights a report by the SBI.
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India's non-banking financial sector grew by 10%; declined globally by 3 %
Updated : 1 year, 9 months ago IST
India's non-banking financial sector registered a growth of 10 per cent however globally the sector declined by 3 per cent, highlights a report by SBI.
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External Affairs Ministry, SBI ink MoU to enhance digital payment services
Updated : 1 year, 9 months ago IST
The Ministry of External Affairs (MEA) and the State Bank of India (SBI) signed a Memorandum of Understanding (MoU) on Saturday to enhance digital payment services for users of the eMigrate portal.
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This Father's Day, SBI Life's #PapaHainNa honours the multi-faceted role o
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 14: Fathers have always been a constant source of inspiration in the lives of their children. Their wise ways to tackle life challenges are unmatched and every child is grateful for their father's advice. This Father's Day, SBI Life Insurance honour's the m
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