Employees of State Bank of India (SBI), under the banner of the All India State Bank of India Staff Federation (AISBISF), have threatened to launch a two-day nationwide strike from May 25, pressing for a range of demands including the recruitment of adequate staff across the bank.
The SBI research report has said the recent hike in the petrol and diesel prices are going to have no direct impact on the fiscal situation.
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week.
The ongoing conflict in West Asia could trigger a fresh wave of global inflation if it spreads across supply chains, financial markets and jurisdictions, although India may remain relatively insulated compared to many economies, according to a report by SBI Research.
Following a US court’s decision to invalidate the existing tariff structure, a latest report by SBI Research said the move could reshape the global policy landscape and alter the trajectory of uncertainty.
“Banks must deepen and widen credit flow to productive sectors to promote growth,” she said, adding that the Goods and Services Tax (GST) rate cuts will spur demand and investment.
The IPO Framework Agreement is expected to be executed on November 10 and is expected to be completed in 2026, said SBI.
The ED initiated its investigation based on an FIR registered by the CBI's Anti-Corruption Branch (ACB) in Hyderabad under various sections of the Indian Penal Code and the Prevention of Corruption Act.
The event served as a vibrant platform to foster collaboration, access to capital, mentorship, and strategic partnerships.
The Reserve Bank of India's (RBI’s) Monetary Policy Committee (MPC) started its bi-monthly meeting on Monday, which will last two days, with the rate decision to be announced on Wednesday, October 1.
