![SBI's business may hit ₹100 tn in FY26: Setty SBI's business may hit ₹100 tn in FY26: Setty](https://cdn.magzter.com/1547192204/1732819724/articles/Nt4UDrZTxEDrTTJBWzTsys/SBIS-BUSINESS-MAY-HIT-100-TN-IN-FY26-SETTY.jpg)
State Bank of India — the country's largest lender — is poised to touch the ₹100 trillion mark in total business in the next financial year, provided it maintains the current rate of 14-16 per cent loan growth and 10 per cent growth in deposits, said SBI Chairman CS Setty.
In an exclusive interview to Business Standard, Setty said he is confident the lender will be able to stick to the guidance of its loan growth even if there is a sharp slowdown in the banking industry.
Going forward, he noted that SBI has a three-year horizon to touch a net profit of ₹1 trillion per annum.
Bu hikaye Business Standard dergisinin November 29, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Standard dergisinin November 29, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Nearly ₹1 trn unspent welfare funds lying in states' accounts
Funds to the tune of ₹1 trillion for centrally sponsored schemes are lying unspent in the single nodal agency (SNA) accounts of states.
![Govt plans to raise deposit insurance beyond ₹5 lakh Govt plans to raise deposit insurance beyond ₹5 lakh](https://reseuro.magzter.com/100x125/articles/18959/1997733/quV2Rdy8oXkODpZQ73Usys/GOVT-PLANS-TO-RAISE-DEPOSIT-INSURANCE-BEYOND-5-LAKH.jpg)
Govt plans to raise deposit insurance beyond ₹5 lakh
A proposal to increase deposit insurance is being considered and the finance ministry will notify it once the Cabinet takes a decision, said M Nagaraju, secretary, financial services, Ministry of Finance, on Monday.
![₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors ₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors](https://reseuro.magzter.com/100x125/articles/18959/1997733/3QdQf4xVGA1eYlEHTUzsys/1400-CR-INDUSTRIAL-PUSH-MP-TARGETS-JOBS-GROWTH-GLOBAL-INVESTORS.jpg)
₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors
Aims at generating 20 lakh jobs in five years and increase GDP to ₹6 lakh crore by 2030
India delivering 'good returns': FM on FII selloff
Choppy markets, dropping valuations make post-IPO exits via block deals challenging
![Govt weighs LPG subsidy for OMCs as losses mount Govt weighs LPG subsidy for OMCs as losses mount](https://reseuro.magzter.com/100x125/articles/18959/1997733/w4X9Rv8texhnXI0c9nKsys/GOVT-WEIGHS-LPG-SUBSIDY-FOR-OMCS-AS-LOSSES-MOUNT.jpg)
Govt weighs LPG subsidy for OMCs as losses mount
As cooking gas underrecoveries soar, Centre considers ₹40K cr mid-yr payout
![Smallcaps in free fall: More pain ahead? Smallcaps in free fall: More pain ahead?](https://reseuro.magzter.com/100x125/articles/18959/1997733/FNffn2OYK9L4FDWifbosys/SMALLCAPS-IN-FREE-FALL-MORE-PAIN-AHEAD.jpg)
Smallcaps in free fall: More pain ahead?
Meltdown raises concerns of a full-blown capitulation
![Trade deficit widens to nearly $23 billion in Jan as exports shrink Trade deficit widens to nearly $23 billion in Jan as exports shrink](https://reseuro.magzter.com/100x125/articles/18959/1997733/nv6PBnxQYY0iClDjMbksys/TRADE-DEFICIT-WIDENS-TO-NEARLY-23-BILLION-IN-JAN-AS-EXPORTS-SHRINK.jpg)
Trade deficit widens to nearly $23 billion in Jan as exports shrink
India's merchandise trade deficit widened to nearly $23 billion in January, compared with $16.5 billion a year earlier, as the value of exports dropped amid subdued demand for petroleum products and global economic uncertainties.
Embedding Sustainability in Organisational DNA
> K Vijay Vardhan Rao, Senior President Marketing, Maha Cement, highlights the unique steps taken to weave sustainability into the brand fabric
![A Case Of Kilos A Case Of Kilos](https://reseuro.magzter.com/100x125/articles/18959/1997733/zFJDZB2xMeRluG4Wh2csys/A-CASE-OF-KILOS.jpg)
A Case Of Kilos
Global pharma majors are looking to cash in on India's obesity crisis, but weight-loss drugs demand time and money
![Reviving manufacturing growth Reviving manufacturing growth](https://reseuro.magzter.com/100x125/articles/18959/1997733/RNKMG1xGzkwIPlsFVy8sys/REVIVING-MANUFACTURING-GROWTH.jpg)
Reviving manufacturing growth
Ensuring manufacturing growth consistent with our development aims requires the government becoming less entrepreneurial and the corporations becoming much more entrepreneurial