sbi

August 2019
RBI cuts repo rate to arrest slowdown

RBI cuts repo rate to arrest slowdown

The 35 basis point repo rate cut is not the first unconventional rate action from the central bank as two repo rate actions in March 2003 saw a 40 and 10 basis points reduction in a matter of 13 days.

July 2019
May 2019
December 2018
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November 2018
SBI returns to profit in Q2

SBI returns to profit in Q2

After three consecutive quarters of losses, India’s largest lender State Bank of India reports net profit of Rs 945 crore in the September quarter; asset quality improves.

September 2018
August 2018
July 2018
India Inc’s credit crunch

India Inc’s credit crunch

A spate of banking frauds, arrests of the top management at some banks and mounting bad loans have led to drying up of debt from financial system. So who will fund India’s growth story?