After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments
2 min read28 Sep 2017SBI report has estimated GDP to remain muted at below 6% for the July-September quarter, and below 6.5% in the third and fourth quarter of 2017-18
1 min read14 Sep 2017One-third of the contraction in bank credit growth was led by just 10 firms which cumulatively availed of Rs33,571 crore less in 2016-17 over the previous year, says SBI Research
2 min read26 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared