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Inflation in high income states decline faster as compared to low income s
Updated : 1 year, 3 months ago IST
The middle and high-income states in the country have experienced a sharper decline in food inflation compared to low-income states, says a report by the State Bank of India (SBI).
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Telangana: Police arrest three people in SBI theft case, seize 2.5 kgs gol
Updated : 1 year, 3 months ago IST
The Warangal Police arrested three people in connection with the Rayaparthy State Bank of India (SBI) theft case and 2.5 kilograms of gold ornaments were seized, officials said on Friday.
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India's consumer price inflation likely to stay above 5 per cent in 2024:
Updated : 1 year, 3 months ago IST
India's consumer price inflation (CPI) is expected to remain above 5 per cent for the rest of 2024, according to a recent report by the State Bank of India (SBI).
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Substantial drop in credit growth (YoY) across sectors as momentum turned
Updated : 1 year, 3 months ago IST
The credit growth across all sectors is declining as the momentum has turned negative, according to a report by State Bank of India.
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RBI unlikely to cut rates in upcoming MPC meeting: SBI Report
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting scheduled from December 4 to December 6, according to a report by the State Bank of India (SBI).
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All India State Bank Officers' Federation elects Rupam Roy as new General
Updated : 1 year, 3 months ago IST
The All India State Bank Officers' Federation (AISBOF) on November 30, elected Rupam Roy as its new General Secretary, according to an official release.
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FM Nirmala Sitharaman to move Banking Laws (Amendment) Bill in Lok Sabha t
Updated : 1 year, 3 months ago IST
As per the schedule issued by the secretariat, Sitharaman is expected to move the Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and
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India's GDP expected to fall below 6.5 pc in FY25 amid slowdown in GDP gro
Updated : 1 year, 3 months ago IST
India's GDP is expected to fall below 6.5 per cent for the current financial year 2025, as GDP growth in the second quarter (Q2 FY25) slowed to 5.4 per cent, according to a report by the State Bank of India (SBI).
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SBI Funds Management Limited appoints Nand Kishore as Managing Director an
Updated : 1 year, 3 months ago IST
SBI Funds Management Limited, a joint venture between State Bank of India and Amundi, Europe's largest asset manager, on Wednesday announced the appointment of Nand Kishore as Managing Director and Chief Executive Officer, a release stated.
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SBI to open 500 new branches in the Financial year 2025, says Nirmala Sith
Updated : 1 year, 3 months ago IST
State owned banking PSU, State Bank of India (SBI) will open 500 new branches in the financial year (FY) 2025, Union Finance Minister Nirmala Sitharaman said on Monday.
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Despite revoking GSP status in Trump 1.0, India-US trade surged, Trump 2.0
Updated : 1 year, 4 months ago IST
Despite losing Generalized System of Preferences (GSP) status under the Trump administration's first term, India's trade with the United States demonstrated notable resilience and growth, highlighted a report by State Bank of India.
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FDIs may shift to US under Trump 2.0 but it won't impact FDIs inflow to In
Updated : 1 year, 4 months ago IST
India could see a shift in foreign direct investment (FDI) trends in the second term of Donald Trump (Trump 2.0) as President of the United States, says a research report by State Bank of India.
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