Mon, Jul 08, 2024
A State Bank of India (SBI) research report urges the central government to focus on fiscal prudence, tax restructuring, and comprehensive agricultural reforms in the upcoming Union Budget to foster sustainable economic growth.
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Tue, Jan 09, 2024
Some areas of the economy may experience great growth while others continue to fall in a K-shaped recovery. Some economists, including former Reserve Bank of India governor Raghuram Rajan, have described India's post-pandemic economic expansion as K-shaped.
Thu, Sep 21, 2023
The net financial savings of the household sector moderated to 5.1 per cent of GDP in 2022-23 from 11.5 per cent in 2020-21 and 7.6 per cent from pre-pandemic 2019-20.
Thu, Jun 02, 2022
As per official data, the economy grew by 8.7 percent in FY22, net adding Rs 11.8 lakh crore in the year to Rs 147 lakh crore, the report said, adding this was however only 1.5 percent higher than the pre-pandemic year of FY20.
Sun, Dec 05, 2021
Amid the rising scare from the new coronavirus variant Omicron and ahead of the MPC meet, SBI house economists have urged the central bank to delay liquidity normalisation measures through a reverse repo hike, as such a "prudent step" in the current situation will give more time for economic recovery to strengthen further.
Tue, Feb 19, 2019
The Rs 4.80-lakh crore budget for 2019-20 by Uttar Pradesh aims to create a "generous" fusion between promoting rural economy and developing urban infrastructure, said a research report by State Bank of India.
Fri, Dec 14, 2018
Bankers and the Reserve Bank (RBI) have often expressed concern that debt waivers can wreck credit culture. Stating that up to Rs 70,000 crore will be spent on farm debt waivers till May 19 (when the general elections are scheduled to be held), it said this makes it a "frightening challenge" for the banking community ahead.
Mon, Nov 12, 2018
The SBI report called upon the MPC to work with short-term forecasts for the next three-six months as macro-variables like oil prices are now almost difficult to predict. It pointed out that the oil price crash in FY15 had resulted in inflation undershooting RBI projection by more than 3 percentage points in December 2014.
Mon, Jun 26, 2017
The outstanding loan funds as of FY15 stood at Rs 22.8 trillion, which increased to Rs 26.5 trillion in FY17. This was Rs 24.2 trillion in FY16.
Sun, Mar 26, 2017
"Net travel has registered the incremental increase of USD 1,469 million in the quarter, which is an all-time high (at least since 2000-01)," the report said.
Sat, Jan 07, 2017
"Our assessment of a 6.7 per cent GDP growth (in FY17) with a downward bias is based on the premise that the liquidity shock has led to a drastic consumer spending shock," an SBI Research's Ecowrap report said.
Tue, Jun 21, 2016
It also advocated the need to stretch the long term inflation target to 5% from the RBI's targeted level of 4%.
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