Tag: State Bank of India
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GST 2.0 impact: SBI report pegs Centre’s revenue loss at Rs 3,700 crore in FY26; consumption, higher tax mop-up ease impact
The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26,...
First time since 2021! Faced with EU sanctions on Russia oil, India’s Nayara Energy ships diesel cargo to China
A shipment of Indian diesel is en route to China, marking the first such delivery since 2021. (AI image) Russia-backed Nayara Energy, an...
Top banks cut savings account rates after RBI rate cut decision; SBI drops to 2.5%, HDFC and ICICI now at 2.75%
Savings account holders will see reduced returns as major banks, including State Bank of India (SBI), HDFC Bank, and ICICI Bank, have...
SBI aims to maintain over 1% RoA in FY26 despite margin pressures from rate cuts: Chairman
The State Bank of India (SBI) will maintain a return on assets (RoA) of over 1 per cent in FY26 despite expected...
Top 10 firms add Rs 3.84 lakh crore m-cap in last week rally; HDFC Bank, Airtel lead surge
The combined market capitalisation of India’s ten most valued companies soared by Rs 3,84,004.73 crore last week, driven by a strong rebound...
