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State Bank Of India

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6% revenue growth for Indian companies in FY24, wage growth slows: SBI Report

6% revenue growth for Indian companies in FY24, wage growth slows: SBI Report

A report by SBI reveals that Indian companies saw a 6% revenue growth in FY24, with a significant rise in profits. However, employee wage growth slowed, reflecting companies' efforts to optimise costs.

16 December,2024 08:50 AM IST | New Delhi
 Inflation decline sharper in high-income states, according to SBI report

Inflation decline sharper in high-income states, according to SBI report

The State Bank of India's report highlights that middle and high-income states have experienced a steeper decline in food inflation compared to low-income states, attributed to labour migration and faster disinflation in wealthier regions.

13 December,2024 09:25 AM IST | New Delhi
Rate cut unlikely in February, inflation expected to ease in January

Rate cut unlikely in February, inflation expected to ease in January

SBI Research has stated that a rate cut by the RBI is unlikely in February 2025 due to persistent inflation. While inflation is expected to ease slightly from January, it will mainly be driven by base effects, not a significant reduction in price pressures.

13 November,2024 09:25 AM IST | New Delhi
India's GDP growth to reach 6.5% in Q2 FY25, with full-year growth nearing 7%

India's GDP growth to reach 6.5% in Q2 FY25, with full-year growth nearing 7%

SBI projects India's GDP growth at 6.5 percent for Q2 FY25, with a positive outlook for the second half, potentially bringing annual growth closer to 7 percent. Rural demand is expected to drive recovery.

06 November,2024 11:12 AM IST | New Delhi
ED files complaint against jewellery firm promoter, his son in bank fraud case

ED files complaint against jewellery firm promoter, his son in bank fraud case

One of the promoters is a former Rajya Sabha member and tresures of undivided NCP

30 July,2024 02:26 PM IST | Nagpur | mid-day online correspondent
Microsoft 365 Outage: SBI, NSE, BSE, Railways, NIC network unaffected

Microsoft 365 Outage: SBI, NSE, BSE, Railways, NIC network unaffected

While several services are disrupted on a global level, SBI, NSE and BSE, Indian Railways and National Informatics Centre are running unaffected

19 July,2024 03:54 PM IST | Mumbai | mid-day online correspondent
SBI refuses to disclose electoral bonds' details under RTI Act

SBI refuses to disclose electoral bonds' details under RTI Act

Holding that the electoral bonds scheme was "unconstitutional and manifestly arbitrary", the Supreme Court directed the SBI on February 15 to furnish the complete details of the bonds purchased since April 12, 2019 to the EC, which would publish the information on its website by March 13

11 April,2024 03:00 PM IST | New Delhi | mid-day online correspondent
SBI refuses to disclose electoral bonds SOP

SBI refuses to disclose electoral bonds SOP

In an application by transparency activist Anjali Bhardwaj had sought the details on the sale and redemption of the electoral bonds

03 April,2024 07:33 AM IST | New Delhi | Agencies
EC publishes electoral bond details, including alpha-numeric bond numbers

EC publishes electoral bond details, including alpha-numeric bond numbers

The Election Commission on Thursday made public a fresh data set of electoral bonds, including their alpha-numeric numbers

21 March,2024 06:57 PM IST | New Delhi | PTI
Make complete disclosure by March 21: SC to SBI on electoral bonds

Make complete disclosure by March 21: SC to SBI on electoral bonds

The bench, also comprising Justice Sanjiv Khanna, Justice B R Gavai, Justice J B Pardiwala and Justice Manoj Misra, said the EC shall forthwith upload on its website the details received from the SBI

19 March,2024 07:35 AM IST | New Delhi | Agencies

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