The uncertainty surrounding the resumption of regular flight services has also contributed to the surge in airfares. Competition Intensifies for State Bank of India (SBI) Following HDFC Bank MergerState Bank of India (SBI) is set to face intense competition in the wake of the merger between HDFC Bank and another major financial institution. The uncertainty surrounding the resumption of regular flight services contributes to the challenges faced by airlines and travelers alike. The uncertainty surrounding the resumption of regular flight services further contributes to the surge in airfares. SBI’s embrace of digital transformation and expansion of online banking services position it to compete in the digital banking space.

Source: Economic Times August 11, 2023 21:38 UTC