Search For "soumya kant"
MSME sector displayed remarkable resilience in recent years, says SBI grou
Updated : 1 month 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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Indian economy to grow between 6.2-6.3% in Oct-Dec quarter: SBI estimates
Updated : 1 year ago IST
The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25. The quarterly growth was much lower than RBI's forecast of 7 per cent. In the April-June quarter too, India's GDP grew at a slower pace than was estimated by the central
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SBI report cautions food price rise over possible crop loss due to excess
Updated : 1 year, 7 months ago IST
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.
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Expect repo rate cut only in October RBI policy meeting: SBI Research
Updated : 1 year, 9 months ago IST
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
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Centre appoints four members to 16th Finance Commission
Updated : 2 years, 1 month ago IST
The members appointed are Ajay Narayan Jha, Annie George Mathew, Niranjan Rajadhyaksha, and Soumya Kanti Ghosh.
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India's labour market undergoing structural transformation, latest survey
Updated : 2 years, 4 months ago IST
India's labour market is undergoing a deep structural transformation with self-entrepreneurship across all echelons and higher education emerging as key enablers, according to SBI Research. In a report, it argued Periodic Labour Force Survey (PLFS) survey data for the five-year period ended
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India likely to become third largest economy by 2027: SBI chief economist
Updated : 2 years, 7 months ago IST
Soumya Kanti Ghosh, the Group Chief Economic Advisor at State Bank of India (SBI), on Tuesday reiterated India is likely to become the 3rd largest economy by 2027.
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Continued vigil on inflation needed given erratic monsoon progress: SBI Re
Updated : 2 years, 8 months ago IST
SBI Research, in its latest 'Ecowrap' report, noted that a continued vigil on the evolving inflation outlook is warranted given the erratic progress of monsoon and its impact on Kharif crop sowing, and subsequently on overall food inflation.
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Rs 2000 notes withdrawal to boost deposits, consumption, among other param
Updated : 2 years, 8 months ago IST
SBI Research in a report analysed and argued how the withdrawal of Rs 2000 banknotes could boost bank deposits, repayment of loans, consumption, RBI's retail digital currency usage, and overall economic growth.
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RBI likely to pause interest rate hike in April policy meet: SBI Research
Updated : 2 years, 11 months ago IST
The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report.
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Indian bank deposits better protected than in US: SBI report
Updated : 2 years, 12 months ago IST
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US's top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State Bank of India's Economic Resea
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India stands like oasis in era of uncertainty amid global inflation: SBI R
Updated : 3 years, 3 months ago IST
With central banks across nations amid an interest rate hike cycle, India performing better than the US, and UK, standing out like an "oasis in this era of uncertainty", says latest study by SBI Research.
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