Search For "state bank of india"
25 bps cut in September MPC best possible option for RBI: SBI
Updated : 5 months, 3 weeks ago IST
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may announce a 25 basis points (bps) cut in its September policy meeting as it is the best possible option at this stage, according to a report by State Bank of India (SBI).
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SBI completes divestment of 13.18% stake in Yes Bank to Japan's SMBC
Updated : 5 months, 3 weeks ago IST
State Bank of India (SBI) on Wednesday announced the successful completion of the divestment of a 13.18% (approximately) stake in Yes Bank Limited (YBL) to Sumitomo Mitsui Banking Corporation (SMBC), the state-owned lender said in a statement.
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Central govt's revenue loss due to GST rate reduction will be Rs 3700 cror
Updated : 5 months, 3 weeks ago IST
The revenue loss of the central government due to the recent GST rate reduction will be around Rs 3,700 crore in FY26, as higher growth and a boost in consumption have reduced the impact on revenues, according to a report by the State Bank of India (SBI).
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US tariffs likely to affect US GDP by 40-50 bps, fueling inflationary pres
Updated : 6 months, 4 weeks ago IST
The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the U.S. economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).
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Bihar Governor Launches Construction of BuiltX's 800-Bed Girls' Hostel
Updated : 6 months, 4 weeks ago IST
Parsa (Bihar) [India], August 26: Hon'ble Governor of Bihar Shri Arif Mohammad Khan launched the groundbreaking ceremony for India's largest rural healthcare education residential facility. BuiltX is constructing the project in collaboration with Akhand Jyoti Eye Hospital and SBI Foundation.
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VinFast India Partners with State Bank of India to Power EV Financing
Updated : 7 months ago IST
Gurugram (Haryana) [India], August 25: VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the nation's largest bank, to provide retail car financing through its exclusive dealer network. The agreement ai
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"Being selectively singled out": Anil Ambani denies Bank of India's "fraud
Updated : 7 months ago IST
"Notably, Bank of India, after issuing a Show Cause Notice to 13 Directors and Key Managerial Personnel (KMPs) of RCom, unilaterally withdrew the same against all others. However, it selectively continued the proceedings against Anil D Ambani without following the principles of natural justi
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"SBI's declaration challenged in judicial forum, Anil Ambani denies all al
Updated : 7 months ago IST
The search by CBI at residence of industralist Anil D Ambani's residence concluded early this afternoon, a spokesperson on behalf of industralist said on Saturday, noting that the complaint filed by State Bank of India (SBI) pertains to matters dating back more than 10 years and the bank'
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SBI and IIT Guwahati honour winners of PSB Hackathon 'FINNOVATION 2025'
Updated : 7 months ago IST
State Bank of India (SBI), the country's largest bank, in partnership with the Indian Institute of Technology Guwahati (IIT-G), successfully concluded the PSB Hackathon Series 2025 - FINNOVATION with a grand felicitation ceremony.
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Private capex outlook for FY26 lower than FY25, SBI warns of further decli
Updated : 7 months ago IST
The intended private capital expenditure (capex) for FY26 is significantly lower than the numbers of FY25, and may decline further amid the impact of US tariffs, according to a report by the State Bank of India (SBI).
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Indian economy likely grew 6.8-7% in Q1 FY26, higher than RBI's estimate:
Updated : 7 months ago IST
The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year, significantly higher than the Reserve Bank of India's estimate of 6.5 per cent, according to a report by the State Bank of India (SBI).
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India needs a 'Desi Counter Intuitive UPI App' to truly leverage data: SBI
Updated : 7 months, 1 week ago IST
India needs a fully homegrown dominant UPI app to truly leverage data rather than remain dependent on foreign-grown payment platforms, according to a report by the State Bank of India (SBI).
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