Tag: India banking sector.
BANKING & FINANCE SBI Clocks ₹19,684 Cr Q4 Net Profit On Strong Asset Quality Improvement

State Bank of India, the country’s largest commercial bank, reported a net profit of ₹19,684 crore for the March quarter of FY26, registering a growth of 5.58% compared with ₹18,643 crore in the corresponding quarter last year. For the full financial year FY26, the bank posted a net profit of ₹80,032 crore, reflecting a year-on-year […]

CW Bureau · May 8, 2026
BANKING & FINANCE RBI’s Repo Rate Status Quo Reflects ‘Safety-First’ Approach, says IOB MD

The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% reflects a balanced and “safety-first” approach, prioritising macroeconomic stability, said Indian Overseas Bank MD & CEO Ajay Kumar Srivastava. Cautious policy amid global uncertainty While the Indian economy continues to demonstrate strong growth at 7.6%, a cautious stance is warranted amid […]

CW Bureau · Apr 8, 2026