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The fund sharing between the Centre and states under the new VB-G RAM G will be based on normative assessment, and states ...

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The share of net financial savings in total household savings has increased from 36 per cent in FY14 to about 52 per cent in FY21, however, during FY22 and FY23, the share has decelerated.FY24 trends ...

State Bank of India (SBI), the nation's largest lender, has reportedly decreased its total workforce by 10% since FY19, resulting in 25,000 fewer employees. What Happened: The state-owned bank’s ...

SBI also said the Act will help boost consumption by improving wage alignment. While most states paid the notified wage rates for FY25, gaps in states such as Telangana, Rajasthan and Andhra Pradesh ...

India's savings rate has surpassed the global average as financial inclusion has shot up in the country with over 80 per cent adults now having formal financial accounts, according to an SBI report ...