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State Bank of India MD

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8 Stories Indexed
Last Updated: Just Now
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Banking, Fintech & Insurance Just now (05:35 PM IST)

Cash-Flow Lending Set to Shape Financing for New-Age Sectors, SBI MD Says

Cash-flow-based lending is emerging as a critical financing tool for new-age sectors such as electric mobility, where traditional collateral is often limited or absent, according to a senior State Bank of India executive. The bank is studying how to underwrite such businesses by assessing technology, revenue visibility and operating cash generation rather than relying only on asset-backed security.

By RDU Global Wire5 min read
Banking, Fintech & Insurance6h ago

Government Says New UPI Merchant Fee Won't Hit Consumers as India Moves to Protect Digital Payments Growth

Government sources on Thursday said the proposed 0.4% merchant discount rate on certain UPI transactions above Rs 2,000 will be borne by merchants, not consumers, and will not flow into government coffers. The move, effective October 15, is aimed at building a sustainable revenue model for the digital payments ecosystem while keeping person-to-person UPI transfers free and shielding most small merchants from the charge.

5 min readRead →
National Governance & PolicyJust now (06:45 AM IST)

Keralam to Transform Tourism with AI and Digital Innovation, Says Minister

Tourism Minister P.C. Vishnunadh announces a strategic shift in Keralam's tourism approach, emphasizing a holistic experience for visitors through AI and digital tools. This initiative aims to enhance the state's appeal beyond traditional destination-focused packages.

4 min readRead →
National Governance & PolicyJust now (06:45 AM IST)

Mehbooba Mufti Calls for Secular Unity Ahead of Protest at Jantar Mantar

Mehbooba Mufti has urged secular-minded citizens to participate in a protest organized by the Monitoring Committee for Indian Muslims at Delhi's Jantar Mantar on September 29. The protest aims to address pressing issues faced by the Muslim community in India.

4 min readRead →
Agriculture & Rural EconomyJust now (06:45 AM IST)

Centre Approves Sale of Excess, Unauthorised FCV Tobacco Crop in AP

In a significant policy shift, the Indian government has approved the sale of excess and unauthorised Flue-Cured Virginia (FCV) tobacco crops in Andhra Pradesh, allowing farmers to access authorized auction platforms without facing penalties. This decision aims to alleviate financial pressures on farmers and stabilize the tobacco market in the region.

4 min readRead →
Society, Crime & Public AffairsJust now (06:45 AM IST)

AIADMK Faces Crucial Test in Madurantakam and Dharapuram Byelections

The upcoming byelections in Madurantakam and Dharapuram are poised to challenge the AIADMK's influence over Scheduled Caste voters, a demographic that has shifted significantly since the last assembly elections. With historical context and recent trends, the party's performance could signal its future in Tamil Nadu politics.

3 min readRead →

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State Bank of India(1)New Delhi(1)