SBI not a nodal bank for rupee trade with Russia, but just processing banks' request

Sep 16, 2022

New Delhi [India], September 16 : Banking major State Bank of India has clarified it is just making necessary arrangements and processing requests that...

SBI launches green rupee term deposit scheme

Jan 12, 2024

The State Bank of India (SBI) has launched the SBI Green Rupee Term Deposit (SGRTD), to mobilise funds to support environment-friendly initiatives and projects.

RBI should internationalise Indian currency rupee, says SBI Research

Jul 08, 2022

New Delhi [India], July 8 : The Reserve Bank of India (RBI) should make a conscious effort to internationalise the Indian currency rupee amid...

SBI allows UPI interoperability with digital Rupee for seamless transactions

Sep 04, 2023

UPI payment system has become hugely popular for retail digital payments in India, and its adoption is increasing at a rapid pace.

"We need to boost trade from India," Russian Dy PM Manturov on trade imbalance

Apr 17, 2023

"That's one of the issues which we just discussed with your colleague, so because of lack of input from India, it's not enough to...

Rupee likely to rebound strongly once market stabilizes: SBI Report

Jan 20, 2025

Indian rupee is likely to see a strong recovery once current market uncertainties settle down said a report by the State Bank of India...