SBI Chairman Challa Sreenivasulu Setty anticipates a private investment rebound once US tariff issues resolve. He believes SBI can achieve its growth aims organically, focusing on AI to boost efficiency. Setty also noted room for consolidation in public sector banking, but SBI does not need inorganic growth. Savings accounts are stable, but current accounts are impacted by government cash management.
Oil prices rise as US-Israeli war with Iran continues to disrupt supply
Oil prices surged Monday amid escalating fears of supply disruptions in the Middle East due to the ongoing U.S.-Iran conflict. The Strait of Hormuz remains