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With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…

ANI   


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Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024

According to a report released by SBI Securities, the total expenditure by credit card users across…

ANI   


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Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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SBI report says inflation will remain around 5 per cent this fiscal

Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…

ANI   


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5 mins read

SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3

India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…

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Discouraging retail play in F&O may help banks garner deposits: SBI Chairman

Khara said the budget announcements like the tweaks on the short-term and long-term capital gains w…

PTI   


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SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast

Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…

ANI   


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SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch

State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …

ANI   


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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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Stock market opening: Sensex, Nifty see muted start, Asian Paints, Grasim take lead

Grasim Paints, JSW Steel, Cipla gained over 1% each, while Asian Paints and Tata Motors gained lead…

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High food prices raise concerns but improved monsoon offers hope for RBI: SBI report

Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…

ANI   


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Centre approves appointments of new Chairman, Managing Director of State Bank of India

The central government approved Challa Sreenivasulu Setty as the new Chairman of State Bank of Indi…

ANI   


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SBI fraud case: CBI finally arrests offender who frequently changed identity, was proclaimed dead by court

​​A CBI press release said V Chalapathi Rao avoided arrest by frequently changing his identity and …

PTI   


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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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Stock market today: Sensex, Nifty inch up marginally, NTPC and Power Grid take early lead

NTPC and Power Grid Corporation of India inched by 2% each during early trade today. Asian Paints, …

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Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%

Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…

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Stock market opening: Nifty, Sensex open in red, Sensex dips over 500 points in early trade on July 25th, 2024

SBI Life, Tata Motors, Larsen and Toubro, Nestle India and HDFC bank took early gains in trade, whi…

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3 mins read

Season of deals: Diwali shopping offers on credit cards

As the festival of light approaches, most of us get into a spending mode. Whether it is gifts or pe…

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Exposure to India's infra sector helps LIC, SBI outshine peers

Global majors, including Warren Buffet-owned Berkshire Hathaway, have been successful due to their …

PTI