Search For "state bank"
SBI records net profit of Rs 17,035 cr with increase in operating profit b
Updated : 1 year, 7 months ago IST
The operating profit for the quarter saw a more significant rise, increasing by 4.55 per cent YoY to Rs 26,449 crores. The bank's Return on Assets (ROA) and Return on Equity (ROE) stood at 1.10 per cent and 20.98 per cent respectively, underscoring the bank's efficient management and profita
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ADB approves USD 240.5 mn loan for rooftop solar systems in India
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government's efforts to expand energy access through renewable energy.
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SBI raises lending rates by 5 to 10 bps, new loans to cost more
Updated : 1 year, 8 months ago IST
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) by 5-10 basis points for most tenors.
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12.5 crore jobs created under Modi govt; 2.9 crore under UPA rule: Hardeep
Updated : 1 year, 8 months ago IST
Lauding the findings of State Bank of India (SBI) report,Union Minister Hardeep Singh Puri said that only 2.9 crore jobs were created during UPA's 10 year rule in comparison to 12.5 crore jobs created by the Modi-led government in the past ten years.
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SBI Caps report highlights optimistic outlook for the Indian economy, desp
Updated : 1 year, 8 months ago IST
State Bank of India (SBICAPS) report titled "Indian Economy: Maintaining Momentum on a Deteriorating Global Pitch" observed a positive demand momentum in major sectors of the economy.
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The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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Government should devise alternative mechanisms of MSP to guarantee fair p
Updated : 1 year, 8 months ago IST
Amid demands of a legal guarantee for minimum support price (MSP) for agriculture produce, a recent research report by State Bank of India, suggests government to devise alternative mechanisms to support farmers in the upcoming union budget.
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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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Pakistan's debt hits record high at PKR 67.816 Trillion: Report
Updated : 1 year, 8 months ago IST
The central bank data reveals a significant 15 per cent increase in the federal government's total debt over the past year, marking an addition of PKR 8,852 billion. In May 2023, the total debt stood at PKR 58,964 billion, escalating to PKR 66,086 billion by April 2024.
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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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Panasonic Partners with State Bank of India (SBI) to Provide Financing to
Updated : 1 year, 8 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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