The US has imposed 50% tariffs on $45 billion worth of Indian exports, primarily affecting textiles, gems, and jewellery. According to an SBI report, this move may reduce US GDP growth by 40–50 basis points and push inflation above the Federal Reserve’s target till 2026. The report highlights potential blowback for the US economy and
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The US has imposed 50% tariffs on $45 billion worth of Indian exports, primarily affecting textiles, gems, and jewellery. According to an SBI report, this move may reduce US GDP growth by 40–50 basis points and push inflation above the Federal Reserve’s target till 2026. The report highlights potential blowback for the US economy and
The State Bank of India (SBI) is launching a specialized unit to handle project financing for emerging sectors like artificial intelligence (AI), e-commerce, and fintech. This new initiative is part of SBI’s strategy to diversify its project financing operations, traditionally focused on infrastructure projects. The unit aims to be operational within a year, with a
The State Bank of India (SBI) is launching a specialized unit to handle project financing for emerging sectors like artificial intelligence (AI), e-commerce, and fintech. This new initiative is part of SBI’s strategy to diversify its project financing operations, traditionally focused on infrastructure projects. The unit aims to be operational within a year, with a
In its report on the upcoming Union Budget 2025, the State Bank of India (SBI) highlights several potential measures the government may announce to boost infrastructure, agriculture, MSMEs, and other critical sectors. These measures include alternative funding sources, production-linked incentives (PLIs), and strategies to enhance India’s green economy and disaster management capabilities. BulletsIn The government
In its report on the upcoming Union Budget 2025, the State Bank of India (SBI) highlights several potential measures the government may announce to boost infrastructure, agriculture, MSMEs, and other critical sectors. These measures include alternative funding sources, production-linked incentives (PLIs), and strategies to enhance India’s green economy and disaster management capabilities. BulletsIn The government
The State Bank of India (SBI) has announced an increase in its Marginal Cost of Funds-Based Lending Rate (MCLR) for several loan tenures. Effective from November 15, 2024, the bank raised its MCLR for three-month, six-month, and one-year tenures by up to 5 basis points. This hike will affect loans linked to these rates, including
The State Bank of India (SBI) has announced an increase in its Marginal Cost of Funds-Based Lending Rate (MCLR) for several loan tenures. Effective from November 15, 2024, the bank raised its MCLR for three-month, six-month, and one-year tenures by up to 5 basis points. This hike will affect loans linked to these rates, including
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