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Wednesday, November 6, 2024
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RBI Unlikely To Implement Rate Cuts As India’s Growth Exceeds Potential Output, Says SBI Report

RBI Unlikely To Implement Rate Cuts As India’s Growth Exceeds Potential Output, Says SBI Report

03 Oct 2024

As India's economy experiences robust growth, the Reserve Bank of India (RBI) is unlikely to implement rate cuts in its upcoming monetary policy meeting. Reveals SBI's report on thursday. As per SBI report, domestic economic conditions are a key factor in the central bank's decision-making. With the country's growth surpassing...

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SBI Slashes GDP Growth Outlook To 7% For FY25, Citing Global Challenges

SBI Slashes GDP Growth Outlook To 7% For FY25, Citing Global Challenges

09 Aug 2024

The State Bank of India in a report projects that India's real GDP will grow by 7.0 per cent year-on-year in FY25, which is slightly lower than the RBI's forecast of 7.2 per cent. The report noted that the slight downgrade by 20 basis points is based on the global...

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SBI Report: Bank Credit Growth Surges Ahead Of Deposits

SBI Report: Bank Credit Growth Surges Ahead Of Deposits

05 Aug 2024

A research report by the State Bank of India (SBI) highlights the continuous upward trend in credit growth in Indian banks, which is outpacing the growth of deposits. This trend persists even as Indian households have substantially increased their investments in mutual funds and equities. For the last several months,...

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Bank Shut On Holi? Here’s All You need To Know

Bank Shut On Holi? Here’s All You need To Know

25 Mar 2024

All banks, both public and private, will remain closed on March 25 (Monday) in observance of the Holi festival. This closure extends the weekend break for banks, which began on March 23 for the fourth Saturday and continued on March 24 for Sunday. It's important to note that while most...

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Electoral bonds: Supreme Court Issues Notice to SBI Over Unrevealed Electoral Bond Numbers

Electoral bonds: Supreme Court Issues Notice to SBI Over Unrevealed Electoral Bond Numbers

15 Mar 2024

The State Bank of India (SBI) was ordered by the Supreme Court to provide the political parties with the unique alpha-numeric numbers of the electoral bonds they received, along with a request for the bank's response, on Friday. The Election Commission (EC) filed an application to modify the operational portion...

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“Lottery Lord”, Santiago Martin Stands 1st In Electoral Bond Buyer, Know Which Pary Received What Donations

“Lottery Lord”, Santiago Martin Stands 1st In Electoral Bond Buyer, Know Which Pary Received What Donations

15 Mar 2024

The Election Commission of India (ECI), today revealed the details of electoral bonds, as reported by the State Bank of India (SBI), on its website. This disclosure has brought several complex details to light, with Santiago Martin's involvement standing out prominently. Santiago Martin, who founded 'Future Gaming and Hotel Services',...

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SBI Submits Details Of Electoral Bonds To ECI

SBI Submits Details Of Electoral Bonds To ECI

12 Mar 2024

The state bank of India on Tuesday provided election commission of India with the data on electoral bonds. The announcement was made by the poll body on social media platform X. In compliance of Hon’ble Supreme Court's directions to the SBI, contained in its order dated Feb 15 & March...

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How to Boost Your CIBIL Score? Use These Five Prepaid Credit Cards

How to Boost Your CIBIL Score? Use These Five Prepaid Credit Cards

19 Feb 2024

Maintaining a healthy CIBIL score is crucial for accessing various financial benefits, including lower interest rates on personal loans and better credit card deals. However, several factors can negatively impact your CIBIL score. Prepaid credit cards offered by financial institutions like banks present a viable solution for improving your CIBIL...

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Indian Stock Indices Open Marginally Higher on Positive US Market Cues and FPI Returns

Indian Stock Indices Open Marginally Higher on Positive US Market Cues and FPI Returns

07 Feb 2024

At Wednesday's opening bell, Indian stock indices showed marginal gains, following positive trends from overnight US markets and the return of foreign portfolio investors (FPIs). As of 9:28 am, the Sensex stood at 72,357.98 points, marking an increase of 171.88 points or 0.24 percent, while the Nifty reached 21,993.15 points,...

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