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Indias Gross Domestic Product (GDP) growth slipped to 5.7 per cent during the first quarter of the current financial year. Photo: AP/Representational

SBI reports says economic slowdown is real, not just technical

The note comes days after Amit Shah attributed the slowdown to 'technical reasons' without elaborating on the same.

19 Sep 2017 9:40 AM GMT

Earlier this month, without taking into account the demonetisation impact, India projected the economy to grow at a slower pace of 7.1 per cent in 2016-17 as against 7.6 per cent

India's GDP may slump below 6.5 per cent this fiscal: SBI Research

The report noted that the GDP estimates of Q1 show that impact of demonetisation has not withered completely.

1 Sep 2017 10:25 AM GMT

Businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards.

Floating rates for bulk deposits on the cards?

Banks already have discretion to offer differential rate of interest on bulk deposits. Most of the bulk deposits are...

20 Aug 2019 7:47 PM GMT

First held in 1974, it has been a flagship campaign for raising awareness on emerging environmental issues from marine pollution, human overpopulation, and global warming, to sustainable consumption and wildlife crime. (Photo: PTI)

Decade is what India has: SBI

Demography would turn into a curse if India fails to convert into a developed economy.

13 Jun 2018 7:51 PM GMT

Steel production

Addressing NPA problem to help resume lending to steep sector: Report

Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL -- are seen to have the maximum NPA problems.

24 Aug 2017 2:15 PM GMT

RBI data on sectoral credit growth shows only one side of the story as credit per se has been expanding through non-banking channels, said a report by SBI Research. Photo: PTI

RBI data on sectoral credit growth one-sided, credit per se in debt...

According to the RBI data, in the week to August 4, there was an incremental credit degrowth of Rs 1.1 trillion.

20 Aug 2017 5:35 AM GMT

GDP numbers scheduled to be released on May 31.

FY17 GDP growth may be revised to 7.6 pc: Research

SBI report suggests GDP numbers scheduled to be released on May 31, is expected to be a 'pleasant affair'.

29 May 2017 9:48 AM GMT

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

CPI inflation seen at 4.8 per cent in FY18: report

Difference between CPI and WPI, which was merely 25 bps in November 2016, has increased to 189 bps in March this year.

18 April 2017 6:00 AM GMT