Highlighting the recent development, the Paymt said that the National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL) to participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model.
Appearing on behalf of the bank, Senior advocate Harish Salve told the Supreme Court that if the numbers of Electoral Bonds are to be given, SBI will give.
Since the inception of the scheme in 2018, the SBI has issued Electoral Bonds worth Rs 16,518 crore in 30 tranches.
Global leader in customer experience solutions Avaya CEO Alan Masarek on Monday said that India is a key growth engine for Avaya worldwide, with significant demand coming from domestic clients and its partners.
State Bank of India's research report, Ecowrap said that India's growth in fourth quarter of FY23 is likely to be 5.5 per cent, which would lead to the country's growth for FY23 at 7.1 per cent.
The bank is reaching out to customers who are having an impaired cash-flow so that they can be helped further.
IDFC First Bank is the latest to enter the SBI-led rescue team with an investment of Rs 250 crore.
He also noted that ratio of deposit to M-CAP (market capitalisaion) is not the correct instrument for assessing the safety of banks and instead Capital to Risk (Weighted) Assets Ratio (CRAR) should be gauged.
This is the seventh consecutive cut in borrowing rates by the bank in FY 2019-20.
Statistics in public domain suggest that non-metros are driving 60 per cent of the increased festival shopping, which explains the aggressive spends on digital media platforms.
