Search For "soumya kanti ghosh"
Jump in digital significantly slowed down growth of currency in circulatio
Updated : 3 years, 4 months ago IST
Ghosh said as percentage of gross domestic product (GDP), CIC was now at 11.8 per cent, less than 12.1 per cent in FY16 and significantly lower than the nominal GDP growth. He also added that it is an absurdity in quoting absolute numbers of currency in circulation (CIC) then and now.
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First in 20 years, currency in circulation declines in busy Diwali week: S
Updated : 3 years, 4 months ago IST
Innovations in technology have changed the Indian payment system over the years and the Indian cash-led economy now has changed to a smartphone-led payment economy.
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Unseasonal rains may have "significantly large impact" on food inflation:
Updated : 3 years, 5 months ago IST
New Delhi [India], October 13 (ANI): The unseasonal rains in different parts of India, particularly in cereal-producing states, could have a "significantly large impact" on cereal and vegetable prices, said SBI Research in its latest 'Ecowrap' report.
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Better for RBI to allow rupee to depreciate a bit, finding its natural bal
Updated : 3 years, 5 months ago IST
New Delhi [India], September 28 (ANI): It might be better for the Reserve Bank of India (RBI) to allow the rupee to depreciate a bit, letting it find its natural balance, said Soumya Kanti Ghosh in an SBI research report.
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Impact of Russia-Ukraine conflict will be felt across commodities and asse
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], February 25 (ANI): The impact of the ongoing Russia-Ukraine conflict will be felt across commodities and asset classes in India, State Bank of India (SBI) said in a research report released on Friday.
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India needs to focus on increasing productivity, reduce import tariff in q
Updated : 5 years, 4 months ago IST
New Delhi [India], November 2 (ANI): India needs to focus on increasing productivity and reduce import tariff to accelerate progress towards Atmanirbhar Bharat, stated a report by State Bank of India (SBI)' s Economic Research Department on Monday.
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India could create 16 lakh less payrolls in FY20: SBI
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): The number of new payrolls created in the current financial year 2019-20 could be at least 16 lakh lower than in the previous year, according to a report authored by Soumya Kanti Ghosh, Group Chief Economic Adviser at the State Bank of India (SBI).
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Current slowdown cannot be tackled by monetary policy alone: SBI report
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 16 (ANI): The country's largest lender State Bank of India (SBI) said on Monday the contemporary issue for macroeconomists is to exclusively focus on assuring adequate aggregate demand as the current slowdown cannot be tackled by monetary policy in isolation
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Reports of cash shortage defy logic: SBI
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 18 (ANI): In the wake of a reported cash crunch in the country, the State Bank of India (SBI) on Wednesday rubbished reports saying they "defy logic".
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Fears regarding MSP scheme 'exaggerated', claims SBI
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): Amid growing concerns of rising inflation and commodity prices due to an increase in the minimum support price (MSP) hike announced by the Centre, the State Bank of India (SBI) claimed the fears to be "exaggerated."
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Inflation will dip in January, claims SBI
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): Commenting on the retail inflation figures reported on Friday, the State Bank of India (SBI) noted that while the figures are in line with expectations, inflation is expected to decline in January.
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GDP FY18 estimates are likely to grow at 6.5 percent
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): According to the Economic Research Department of State Bank of India (SBI), the GDP FY18 estimates are likely to grow at 6.5 percent compared to the growth rate of 7.1 percent in FY17.
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