India may see the third wave of the Covid-19 pandemic from the second fortnight of August and cases would peak by September, a report by the economic research wing of State Bank of India (SBI) has sai...

A mismatch between credit and deposit growth rates is hurting banks who are finding no fresh investment commitments in the private sector to turn around the low credit demand. The rise in overall dep...

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SBI has come out with its Ecowrap report in which it has slashed its 2021-22 GDP growth forecast to 7.9 per cent from 10.4 per cent earlier. However, it imparted an "upward bias” to the nu...

The State Bank of India (SBI) is looking to list more subsidiaries this fiscal with its asset management arm likely to be picked first, thereby adding vigour to an IPO market that has seen entities su...

The research wing of the State Bank of India on Friday said that the extended lockdowns and restrictions across states have hit economic activity. The impact is more visible in May, it added. The Bus...

State Bank of India (SBI) on Friday topped Street estimates as it reported an 80.15 per cent rise in net profit for the quarter ended March 2021 following a drop in provisions even as its core income ...

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State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said.  On the impact o...

The State Bank (SBI) has reduced interest rates on housing loans to 6.70 per cent. The lender will now offer an interest rate of 6.70 per cent for loans up to Rs 30 lakh and 6.95 per cent for loans of...