SBI | DD News

February 24, 2026 11:36 AM

India’s GDP growth likely to cross 8 pc in Q3 FY26 despite global headwinds: SBI report

India’s GDP growth in the third quarter of FY26 is likely to come at 8-8.1 per cent, an SBI Research report said on Tuesday, adding that the domestic economy has maintained strong growth momentum despite global headwinds. High-frequency activity data indicates resilient economic activity in Q3 FY26 (October-December 2025). “Rural consumption remains strong, driven by positive signals from farm and non-farm activity. Supported by fiscal stimulus, urban consumption shows a consistent uptick ...

October 14, 2025 9:49 AM

SBI projects FY26 CPI inflation at 2.2%, below RBI’s forecast

India’s Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, lower than the Reserve Bank of India’s (RBI) projection of 2.6 per cent, according to a report by the State Bank of India (SBI). The report attributed the sharp moderation in inflation mainly to a decline in food and beverage prices. “We expect average CPI inflation for FY26 to be now at 2.2 per cent, much lower than the RBI’s forecast of 2.6 per cent,” it said. According to SBI, India’s CP...

September 22, 2025 9:58 AM

RBI may consider rate cut in September as inflation hits historic low, says SBI

With inflation poised to fall to its lowest level since 2004 and GST rationalisation underway, a rate cut in September is considered the best option for the Reserve Bank of India (RBI), according to a report by the State Bank of India (SBI). The report also suggests that such a move would reinforce RBI’s image as a forward-looking central bank. The RBI Monetary Policy Committee (MPC) meeting is scheduled from September 29 to October. During its August meeting, the central bank had maintained ...

August 21, 2025 3:59 PM

India’s GDP expected to grow 6.8-7% in April-June quarter: SBI report

India’s economy is projected to grow between 6.8 and 7 per cent in the first quarter of the current fiscal year (Q1 FY26), driven by higher discretionary spending and demand-led growth, according to a report by SBI Research released on Thursday. The report estimated gross value added (GVA) growth at 6.5 per cent for the quarter, noting that the gap between real and nominal growth is likely to narrow significantly. It highlighted that the peak elasticity of government capital expenditure to GD...

August 8, 2025 12:05 PM

US tariffs on Indian goods “bad policy”, will hurt its own citizens: SBI report

A proposed 50 per cent tariff on Indian goods by the United States could backfire on American interests and hurt its own consumers, the State Bank of India’s research wing has said in a report. The report warns that the imposition of a 25 per cent penalty, along with a suggested additional 25 per cent on trade with India, could be a “bad policy decision” for the US and its citizens. It also makes a strong case for India to continue protecting its farmers from what it calls “predatory pr...

April 7, 2025 4:44 PM

Invest in quality stocks with strong business models amid global uncertainty: SBI report

As global economic uncertainties rise due to US trade tariff tensions, inflation risks, and volatile markets, a new report released on Monday recommended investing in quality businesses for long-term gains. “Investors should focus on companies that have strong business models, clear earnings growth potential, and steady cash flows, especially during times of heightened macroeconomic instability,” according to the report by SBI Funds Management. The report highlights that global financial m...

April 7, 2025 2:15 PM

RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7 to April 9) here, SBI Research on Monday said it expects a 25-basis-point rate cut in the policy, and that the cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts in February and April. With an intervening gap in June, the second round of rate cuts could start from August, the SBI report said. “During February 2025 to March 2026, we expect at lea...

February 19, 2025 4:35 PM

SBI pegs India’s GDP growth at 6.3% for Q3 of 2024-25

SBI economists have pegged India’s GDP growth at 6.2-6.3 per cent for Q3 (October-December) of 2024-25 driven by buoyant demand and Capex trends along with the increase in EBIDTA and corporate GVA recorded by India Inc. The SBI report released on Wednesday considers the slowdown in the second quarter (Q2) as a “blip” and states that “presuming no major revisions are announced in the erstwhile Q1 and Q2 figures by NSO, we estimate the FY25 full year GDP at 6.3 per cent.” The official ...

February 18, 2025 7:15 PM

Recapitalisation, reforms have worked well for public sector banks: SBI Chairman

Recapitalisation and reforms in recent years have worked well for public sector banks, resulting in cleaner balance sheets, State Bank of India (SBI) Chairman C.S. Setty said on Tuesday. The savings behaviour has also changed, as depositors are practising asset allocation across segments, Setty said during the NDTV Profit Conclave here. He highlighted the critical role of capital in achieving the vision of a developed India (Viksit Bharat) and stressed the need for diversified sources of debt ...

February 6, 2025 4:17 PM

SBI posts robust 84 pc surge in net profit at Rs 16,891 crore in Q3

India's largest public sector lender, the State Bank of India (SBI), on Thursday reported an impressive 84.32 per cent surge in net profit (year-on-year) at Rs 16,891 crore for the October-December quarter (Q3 FY25), from Rs 9,164 crore in the year-ago period. The profit rise was aided by higher core income during the quarter. The net interest income (NII), or core income, was up 4.09 per cent from a year ago and stood at Rs 41,445.5 crore compared to Rs 39,816 crore, according to the bank’s...