SBI Research said FCNR-B inflows of $13-14 billion could raise bank deposit growth to 15% in FY27, narrowing the credit-deposit gap. Despite strong lending growth, Indian banks remain well-capitalised with low NPAs, supported by consumption, infrastructure and investment demand
An SBI Research report states that hitting a 20% EV adoption rate by 2030 could slash India’s fuel import bill by ₹1 lakh crore. Driven by West Asia geopolitical tensions, EV registrations are projected to cross 25 lakh in 2026
An SBI Research report reveals that West Bengal’s FY27 budget marks a strategic shift toward investment-led growth and industrialization. While aiming to cut its revenue deficit, the state faces fiscal challenges from high debt and reliance on central funds
SBI Research expects RBI to hold repo rate in June, using short-term tools to manage rupee pressure. FY26 GDP growth seen at 7.5%, FY27 at 6.6%. Inflation risks persist, crude may stay above $90, urging excise duty cuts
The RBI’s latest policy decisions signal confidence in India’s strong economic outlook, with GDP growth for FY26 revised to 7.3 per cent. SBI Chairman CS Setty said the rate cut, neutral stance, and liquidity steps will support momentum while ensuring price stability
The report penned by the bank's Chief Economic Advisor Soumya Kanti Ghosh also suggested that faster vaccination is cheaper on the economy than complete lockdowns
