Wed, Jan 17, 2024
In a shift of positions, Life Insurance Corporation of India (LIC) has regained its status as the most valued listed public sector undertaking (PSU) by market capitalisation, surpassing State Bank of India (SBI). As of Jan 17, LIC reached a market cap of Rs 5.64 lakh crore, exceeding SBI's Rs 5.63 lakh crore.
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Mon, Jan 15, 2024
According to IDBI Capital Markets, although economic momentum likely continued in the October-December period, the RBI’s regulatory action on unsecured portfolios could play spoilsport for the BFSI sector as a whole.
Sun, Jan 07, 2024
The infra lender posted record sanctions and disbursements at Rs 29,171 crore and Rs 13,826 crore, respectively.
Mon, Feb 15, 2021
UBS says SBI’s Asset quality surprises positively and the bank's operating metrics is stable. SBI's Q3 FY21 earnings of Rs 52 bn were above UBS estimates (Rs 48.8 bn) led by stable NM (3.1%) and lower provisions despite higher employee expenses and lower than expected core non- interest income growth (-1.5%YoY).
Sat, Feb 13, 2021
SBI doorstep banking: India's largest lender, State Bank of India (SBI), has been now providing doorstep services. The public sector bank provides array of services under its SBI door step banking
Fri, Feb 12, 2021
SBI SO Recruitment 2021: The State Bank of India (SBI) job notification for the post of Specialist Cadre Officer on a regular basis is ending today.
SBI Share price today: Choice Broking says State Bank of India (SBI) reported a strong set of numbers for Q3FY21, above market estimates, with net profit at Rs 51.9 bn (13.6% QoQ) on the back of lower provisioning and strong operating performance. Along with strong business growth (credit at 7.6% YoY) and profitability, improvement in assets quality was significant.
Thu, Feb 11, 2021
Bank strike date: There is an important alert for those planning to visit banks! As per media reports, the banking services might be affected for four days in March.
SBI Share Price Today: Jefferies highlights that SBI reported profit of Rs 51bn (-7% YoY) and ahead of their estimates in Q3. The operating profit was below our expectations largely due to higher staff costs, but this was more than compensated by lower than expected credit cost. Loans were up 8% and NII rose by 4% YoY.
The state Bank of India, Country's largest lender, has introduced a new facility, keeping in mind customers convenience. This facility helps customers avoid long queues and rush at banks to avail key banking facilities.
Wed, Feb 10, 2021
Maintaining its leadership in the home loan segment, the State Bank of India (SBI) has reached another landmark by crossing the Rs 5 trillion (5 Lakh crore) mark in its home loan business.
Tue, Feb 09, 2021
SBI ATM cash withdrawal: Following footsteps of private lenders — ICICI Bank, Kotak Mahindra Bank, Yes Bank and HDFC Bank, the State Bank of India (SBI) has changed its ATM Cash Withdrawal limit rule.
Here is an important message for the State Bank of India (SBI) customers. India's largest public sector bank has issued directions for its customers. This is related to money transfer transactions made by them.
Nomura highlights that the Nifty bank index has outperformed the broader Nifty index, by a staggering 14% since March 2020 lows and 7% since the beginning of CY21. The outperformance, since March 2020 lows, is dominated by Indusind Bank (110% outperformance over the Nifty index), Axis Bank (40%) and ICICI Bank (23%).
Fri, Feb 05, 2021
SBI car loan offer: Here, is an opportunity to bring Tata Safari to your home with an interesting SBI offer. The State Bank of India, country's largest public sector lender, is giving you an exciting offer to bring your dream car home.
Stock to Buy - State Bank of India’s (SBI) Q3 FY21 performance saw growth in loan book and asset quality.
SBI share price today has surged by a whopping 13 per cent in the intraday trade session after the strong sequential quarterly number of the largest Indian commercial bank.
SBI once again surprised positively on asset quality, a phenomenon seen among large banks, leading to contained provisions and thus a strong 70%+ PAT beat at Rs 52 bn. SBI Proforma GNPA was lower at 5.4% (vs. 5.9% in Q2) due to its relatively resilient retail portfolio and better stress management in SME/agri, while restructuring too was low at 0.7% of loans.
Do you know that you can register a nominee online on onlinesbi.com? State Bank of India in order to make customer experience seamless is making every effort to make their services easily accessible and has been trying to provide most of its services at customers doorsteps or online
Thu, Feb 04, 2021
SBI Q3FY21 Results: On account of the rise in home loan business and deposit growth, the State Bank of India (SBI) has reported 13.6 per cent sequential growth in its net profit for the October to December 2020 quarter.
Yono SBI Super Saving Days sale: Yono SBI sale is here! The sale has gone live from today, February 4. The sale will continue till February 7.
Sumeet Bagadia, Executive Director, Research at Choice Broking recommends buying SBI, IRCTC, ACC and Tata Motors shares at current prices. The market is trading at life highs and major analysts and fund managers have given their thumbs up to the Budget announcements. Many think India will get rerated and many Indian companies will yield fantastic returns in the coming years.
SBI share price outlook: The State Bank of India (SBI) stock is nearing its previous projected target price of Rs 340, given by Technical Analyst Nilesh Jain of Anand Rathi Securities. Where is it headed now and should investors invest in this stock?
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