"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
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'
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.
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).
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).
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).
The Reserve Bank of India (RBI) is unlikely to cut interest rates in its October policy meeting, as inflation in August 2025 is expected to rise above 2 per cent, according to a report by the State Bank of India (SBI).
India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
Credit growth of banks in the country is likely to remain low as corporates continue to opt for alternative methods of funding in the current low-interest rate environment, according to a report by the State Bank of India (SBI).
The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7, according to a report by the State Bank of India (SBI).
The new tariffs imposed by the United States are expected to significantly impact American households, with average bills likely to rise by around USD 2,400 in the short term due to inflation driven by these tariffs, according to a research report by the State Bank of India (SBI).
The active participation of state governments in rare earth exploration and processing can significantly contribute to regional economic development and India's self-sufficiency in critical mineral value chains, according to a recent research report by the State Bank of India (SBI).