RBI MPC meet: Brace for 'prolonged' repo rate pause at 6.5%, says SBI
Policy meeting expected to see RBI continuing with "withdrawal of accommodation" stance as inflation is unlikely to tread below 5% in the rest of FY24
sbi ecowrap
September 2023
July 2023
June 2023
May 2023
May 2022
January 2022
India to be world's 3rd largest economy by FY28: SBI
For Q1 FY2023-24, economists are pegging India’s GDP to surpass 8%, pushing India’s GDP growth beyond 6.5%
Losses due to recent floods estimated at ₹15,000 cr; insurance only for 8%: SBI
As many as 361 instances of natural disasters have taken place between 2001 and 2022 in the country. Of this, 41% of disasters have occurred in the form of floods.
PM's U.S., Egypt visits to have ‘cascading impact’ on economic growth: SBI
During the PM's U.S. visit, the U.S. chip manufacturers announced a foreign direct investment worth $825 million in India
SBI upgrades India's FY24 GDP growth forecast to 6.7%
In FY23, the country's GDP growth rate stood at 7.2%, which is higher than the Centre's second advance estimates of 7% and SBI’s forecast of 7.1%.
India's GDP to grow at 7.1% in FY23: SBI Ecowrap
For Q4 FY23, SBI projects the country's GDP will grow at 5.5%.
₹2,000 note withdrawal ‘non-event’; favourable impact on liquidity: SBI
Impact on deposits will be limited; almost the entire amount of ₹3.6 lakh will come back to the banking system, says a report
59% jump in inflation due to Ukraine war: SBI
Because of the Russia-Ukraine war, food and beverages, fuel, light and transport alone contributed around a 52% increase in overall inflation since February, says an SBI Research report.
Fiscal deficit could narrow to 6.3% in FY23: SBI
The country is expected to meet its fiscal deficit target in the ongoing financial year, says SBI Research
