Tag: SBI report

UPI transactions surge in 2025, daily average value crosses Rs 90,000 crore in August: Report

The data showed that UPI continues to grow in leaps and bounds, becoming an even more integral part of India's digital payments ecosystem.

August 18, 2025

India’s fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if it stops Russian oil imports: SBI

Before the Ukraine war, Iraq was India's top crude supplier, followed by Saudi Arabia and the United Arab Emirates (UAE).

August 8, 2025

Banks’ credit growth to remain low as corporates using other funding sources in low interest rate regime: SBI Report

The report noted that corporates tend to avoid bank loans when interest rates are low and instead explore other sources of funding.

August 2, 2025

RBI may announce 25 bps rate cut in August to boost credit growth ahead of Diwali: SBI Report

It added that past data show a clear trend, any repo rate cut ahead of Diwali results in higher credit growth during the festive period.

August 2, 2025

Role of state govts in rare earth explorations is crucial for India’s self-sufficiency in this sector: SBI Report

As a result, rare earth materials have become crucial to industries such as electronics, automotive, construction, and machinery.

July 28, 2025

Five states account for nearly 50% of active GST taxpayers; UP leads: SBI Report

This indicates a significant concentration of tax registration in a handful of states, highlighting the scope for improvement in others.

July 22, 2025

Rupee Expected to Stay in Rs 85–87 Range in 2025 as US Fed Likely to Hold Rates: SBI Report

This trend is likely to support emerging market currencies, including the Indian rupee, as the US economy adjusts to the impact of recently imposed tariffs.

May 6, 2025

RBI unlikely to cut rate as India’s growth is higher than potential output: SBI Report

"Domestic conditions are paramount and with robust growth higher than potential output, case of pause exists" said the report.

October 3, 2024

SBI report dismisses bank deposit concerns as a ‘Statistical Myth’

Another noteworthy trend in the banking system is the decline in CASA (Current Account Savings Account) deposits.

August 19, 2024