SBI presents Rs 8,813 crore dividend cheque to centre for FY26

SBI presents Rs 8,813 crore dividend cheque to centre for FY26

India's largest lender, SBI, has presented a dividend cheque of ₹8,813 crore to the Central government for FY26. The cheque was handed over by SBI Chairman C S Setty to Finance Minister Nirmala Sitharaman, reflecting the bank's strong financial performance and contributing significantly to the government's non-tax revenue. 1 day ago
India stays world's fastest-growing economy recording 6.4 pc rise despite Iran war fallout

Economic reforms boost India's global standing: Govt

India's business environment has improved significantly over the past 12 years due to reforms aimed at reducing compliance burdens and promoting ease of doing business, according to a government factsheet. 1 day ago
Rupee Strengthens to 95.20 Against Dollar Amid US-Iran Peace Hopes; Panagariya Says 'Don't Panic' Over Rs 100 Mark

Rupee Strengthens To 94 Per Dollar As RBI Moves To Ease External Pressures

RBI introduced incentives for FCNR(B) deposits, eased norms for foreign investments, and expanded access to government securities. The measures helped the rupee recover from recent record lows driven by rising crude oil prices, foreign fund outflows, and geopolitical tensions in West Asia. 4 days ago
RBI MPC Meeting 2026: Why the central bank is likely to keep the repo rate unchanged at 5.25%;3 things to know

RBI keeps repo rate unchanged at 5.25 pc, maintains 'Neutral' stance

RBI is set to announce its monetary policy decision after the three-day Monetary Policy Committee (MPC) meeting chaired by RBI Governor Sanjay Malhotra. Most economists expect the central bank to keep the repo rate unchanged amid rising crude oil prices and heightened geopolitical tensions in West Asia. 4 days ago
RBI Data Shows Bank Frauds Tripled to Around $4.2 Billion in One Recent Year

RBI Data Shows Bank Frauds Tripled to Around $4.2 Billion in One Year

India's banking sector witnessed a sharp rise in the value of frauds during FY 2024–25, with reported cases increasing nearly threefold to ₹36,014 crore, according to the Reserve Bank of India's annual report. While the number of fraud cases declined, the average size of frauds rose significantly. 8 days ago