New Delhi, May 8 (IANS) Despite regional differences, informal employment remains the predominant form of employment across all states, an SBI Research report said on Friday, highlighting the need for greater workforce formalisation and expansion of social security coverage.Female workers are 4.8 per cent more likely to be informal workers compared to male workers whereas construction sector workers are 4.5 per cent more likely to be engaged in informal employment relative to agricultural sector…
Latest SBI Research News & Updates
New Delhi, May 6 (IANS) The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 will help preserve industrial continuity, jobs and strengthen liquidity access for businesses, particularly micro, small and medium enterprises (MSMEs), industry chambers said on Wednesday.Rajeev Juneja, President, PHDCCI, welcomed the scheme as a timely initiative to address pressures from the ongoing West Asia crisis.”ECLGS is designed to address temporary liquidity shortages faced by industries during periods of ec…
New Delhi, April 29 (IANS) If the US-Iran conflict remains unresolved for a long duration, it can make the task of central banks arduous in their endeavour to rein in inflation expectations while minimising growth sacrifice, a new SBI Research report said on Wednesday.In uncertain times, a good central bank should be cautious about false precision, forceful against high-cost tail risks, systematic enough to preserve credibility, flexible enough to adapt, and transparent enough that uncertainty a…
New Delhi, April 24 (IANS) Both cash and digital are indispensable for India and complement each other but there is a marginal substitutability, as a household may use UPI for many retail small payments but still keep cash at home for emergencies or informal transactions, a new SBI Research report said on Friday.Notably, India has launched Central Bank Digital Currency (CBDC) but the e-Rupee circulation is at a very small amount of Rs 1,016 crore till March 2025, and there is a need for further …
New Delhi, April 18 (IANS) India, which entered the global geo-political conflict from a situation of strength, is projected to grow at 6.8 per cent in FY27, as fears of super El Nino could cloud growth estimates, with inflation average at 4.5 per cent, an SBI Research report said on Saturday.“India continues to demonstrate resilience with GDP likely to grow in the range of around 6.8 per cent-7.1 per cent, despite global uncertainties and regional conflicts,” said the report.The gross fisca…
New Delhi, April 8 (IANS) Remittances to India are likely to reach an all‑time high of $137–140 billion in FY26 before moderating to $135–137 billion in FY27, amid escalation in West Asia, a report said on Wednesday.Further, enabling true dematerialisation of Retail Direct holdings could boost interoperability and attract strong interest to debt markets from retail investors, the report from SBI Research said.Analysing the language of the central bank governor in the monetary policy meetin…
New Delhi, April 5 (IANS) As the West Asia situation is still evolving, the Reserve Bank of India (RBI) is likely to maintain status quo in the upcoming monetary policy committee (MPC) meeting next week (April 6-8), a report by SBI Research said on Sunday.As the first policy since the staring of US-Israel and Iran war, the RBI would be much careful in communicating its position.The Central Bank needs to “concomitantly explore the probability of conducting Operation Twist” that pushes up the …
New Delhi, April 3 (IANS) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research.Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to February 27,…
New Delhi, March 31 (IANS) India’s foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said on Tuesday.The report from SBI Research said current reserve levels are equivalent to more than 10 months of imports and that short‑term debt is below 20 per cent of reserves, providing room and time to intervene in the market to prop up the rupee if it is so desirable.The researc…
New Delhi, March 10 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a proposal to restructure and reorient the implementation of the Jal Jeevan Mission from infrastructure creation to service delivery, supported by drinking water governance and institutional ecosystem for sustainable rural piped potable water supply.For restructuring Jal Jeevan Mission (JJM) focusing on structural reforms, the Cabinet has approved an increase in the total outlay to Rs 8.69 …