Page-3 of State Bank of India (SBI)
SBI Report: FY22 growth at 10.4%,
The State Bank of India recently revised the growth of India for the Fiscal Year 2021-22 to 10.4%. Earlier, the bank had predicted the growth rate as 11%. SBI has curbed the growth rate of the country due to the ..
Month: Current Affairs - April, 2021
SBI report: India’s 2nd Covid wave may last up to 100 days
Report from State Bank of India’s research team underlined that duration of the second covid-19 wave in India might last up to 100 days. The report was authored by Chief Economic Adviser of Bank, Soumya Kanti Ghosh. Highlights India is ..
Month: Current Affairs - March, 2021
SBI and IOCL to ink India’s First Libor Alternative Rate Deal
The State Bank of India (SBI) and Indian Oil Corporation Limited (IOCL) will be sign the first Secured Overnight Financing Rate (SOFR) linked external commercial borrowing (ECB) deal. The deal will be signed because the de facto international benchmark reference ..
Month: Current Affairs - March, 2021
MeitY Digital Payment Scorecard- Highlights
The Ministry of Electronics & Information Technology (MeitY) has released the list of “Digital Payment Scorecard”. In the list, the State Bank of India (SBI) has topped for the third consecutive months. Highlights The digital payment scorecard tracks the performance ..
Month: Current Affairs - March, 2021
SBI Research: Fuel Prices will Drop if Brought under GST
A State Bank of India’s report highlights that, the pan-India Prices of fuels will drop if the petrol and diesel are brought under the GST regime to ₹75 and ₹68 a litre, respectively. Highlights of the report SBI research further ..
Month: Current Affairs - March, 2021
SBI signs 100 mn euro loan pact with EIB
India’s largest bank State Bank of India (SBI), has signed a loan agreement for 100 million euro (about Rs 700 crore) with European Investment Bank (EIB). This agreement was facilitated by SBI Capital Markets, a subsidiary of SBI. It is ..