Tag: State Bank of India (SBI)

August inflation above 2% dents hopes of October rate cut: SBI Research

The report added that changes in GST rates on services could reduce inflation on non-food items by another 40-45 basis points, based on a 50 per cent pass-through.

September 13, 2025

UPI transactions surge in 2025, daily average value crosses Rs 90,000 crore in August: Report

The data showed that UPI continues to grow in leaps and bounds, becoming an even more integral part of India's digital payments ecosystem.

August 18, 2025

India’s fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if it stops Russian oil imports: SBI

Before the Ukraine war, Iraq was India's top crude supplier, followed by Saudi Arabia and the United Arab Emirates (UAE).

August 8, 2025

RBI Governor Sanjay Malhotra to Announce Policy Rates Today Amid Hopes of Festive Season Rate Cut

The meeting, which began on August 4, was convened to review the repo rate and chart the RBI’s monetary policy direction for the coming months.

August 6, 2025

Banks’ credit growth to remain low as corporates using other funding sources in low interest rate regime: SBI Report

The report noted that corporates tend to avoid bank loans when interest rates are low and instead explore other sources of funding.

August 2, 2025

RBI may announce 25 bps rate cut in August to boost credit growth ahead of Diwali: SBI Report

It added that past data show a clear trend, any repo rate cut ahead of Diwali results in higher credit growth during the festive period.

August 2, 2025

Role of state govts in rare earth explorations is crucial for India’s self-sufficiency in this sector: SBI Report

As a result, rare earth materials have become crucial to industries such as electronics, automotive, construction, and machinery.

July 28, 2025

Five states account for nearly 50% of active GST taxpayers; UP leads: SBI Report

This indicates a significant concentration of tax registration in a handful of states, highlighting the scope for improvement in others.

July 22, 2025

SBI adjudged ‘World’s Best Consumer Bank’ for 2025 by Global Finance magazine

"A heartfelt thanks to all our esteemed customers, dedicated employees and all other stakeholders for their unwavering trust," Setty said.

July 18, 2025

SBI Contributes 1.1% to Global GDP Growth as India Adds 6.7% to World Economy in FY25: Report

“SBI adds approx 1.1% to global GDP and 16% to India’s GDP,” the report stated.

July 2, 2025