Slowdown in deposit growth has led to banks increasingly relying on external market borrowings for their capital requirements, says report
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This follows the banks’ failure to redeem fixed deposits made years ago by the Karnataka Industrial Areas Development Board (KIADB) and the State Pollution Control Board
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The bank's ROA and ROE stands at 1.10 per cent and 20.98 per cent respectively, while the net NII for the quarter rises by 5.71 per cent YoY
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The bank's Net Interest Income (NII) for Q1FY25 rose by 5.71 per cent YoY, reflecting improved interest earnings
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The plant is expected to generate approximately 2.98 lakh MWh of energy annually, offsetting an estimated 2.7 lakh tonne of CO2 emissions each year and supplying power to around 2.7 lakh households
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The inclusion of government bonds in JP Morgan's index is driving up Foreign Portfolio Investors' (FPIs) aggregate holdings by Rs 95,687 crore
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The report acknowledges robust loan growth in the services sector, although the Reserve Bank of India's (RBI) crackdown has slowed loans to Non-Banking Financial Companies
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The instrument is rated AAA with a stable outlook. The current issuance, the total outstanding Long-Term bonds issued by the Bank is at Rs 59,718 crores
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SBI urges tax alignment for deposits and other assets to boost household savings and financial stability
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The purpose of the product is to provide "on tap" short-term credit for working capital needs to Micro SME units that are part of the GST regime
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