SBI

Reliance Infrastructure gets relief as SBI and IDBI Bank withdraw insolvency petition against Mumbai Metro One

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Anil Ambani-backed Reliance Infrastructure has received a breather after SBI and IDBI Bank withdrew insolvency petition filed in NCLT Mumbai against Mumbai Metro One Private Limited (MMOPL). Reliance Infrastructure holds 74 per cent stake in Mumbai Metro One while the balance is with Mumbai Metropolitan Regional Development Authority (MMRDA). This comes after a one-time settlement … Read more

Election Commission Asked By Supreme Court To Publish Electoral Bonds Data By March 15

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The poll body has been asked by the court to make this data public on its website by Friday. New Delhi: The Election Commission is likely to make the electoral bonds data public on its website soon after the expected disclosure by the State Bank of India. The Supreme Court yesterday ordered the State Bank … Read more

India’s FY24 GDP growth could be within striking distance of 8%: SBI Ecowrap

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India’s FY24 GDP growth could be within striking distance of 8 per cent even as the per capita GDP at current prices crossed ₹2 lakh mark in FY24 for the first time, says SBI’s economic research department. Also read: Oct-Dec GDP growth surges to 8.4%, FY24 growth now pegs at 7.6% “Defying all estimates, India’s economy grew … Read more

GDP may grow 6.8% in Q3FY24 due to slight dip in activity: SBI report

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India’s gross domestic product (GDP) may grow 6.7-6.9 per cent in the third quarter (October to December) of FY24 due to a slight decline in economic activity, according to State Bank of India’s economic research department (ERD). The GDP growth in Q1 (April to June) and Q2 (July to September) of FY24 was 7.8 per … Read more