Page 2 - State Bank of India News

Policy impact: Rate-sensitive shares gain as RBI keeps key rates unchanged_30052

At 10:31 am; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Realty indices were up 1 per cent, against a 0.5 per cent gain in the benchmark Nifty50 index

Analysts see up to 41% upside in SBI, BoB; credit growth to be key driver_28384

Shares of State Bank of India (SBI) and Bank of Baroda (BoB) jumped 3 per cent and 9.7 per cent, respectively, in intra-day trade on Monday, and hit fresh record highs of Rs 547 and Rs 117 apiece

Nifty PSU Bank index soars 5%; SBI hits record high, up 3%; BOB zooms 10%_28397

The Nifty PSU Bank index climbed to a fresh two-year high even as the NSE benchmark slipped a per cent.

SBI, Tata Steel, IndiGo: Key levels to watch on these stocks post Q3 nos_28391

Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high

SBI Q3 net profit jumps 62% to Rs 8,432 cr, asset quality improves_28034

Lender posts highest quarterly profit in Q3FY22, sees improvement in interest margins

SBI Q3 results: Net profit surges 62% to Rs 8,432 cr on lower provisions_28004

The bank's gross bad loan ratio, a measure of asset quality, fell to 4.5% from 4.90% a quarter earlier

SBI, Bank of Baroda to report Q3 results on Saturday; here's what to expect_27529

According to analysts, SBI can see continued traction in their operating performance, supported by modest business growth, while BoB may see a weak Q3 earnings show

Budget 2022: Financials to gain from capex push, digital rupee, say experts_26470

Banks and NBFCs stand to gain from the Union Budget as a new growth cycle on the back of the massive capex plan has the potential to crowd-in private investment, say analysts

Nifty PSU Bank index soars 12% in four days; SBI nears record high_25364

Canara Bank hit a 52-week high of Rs 252.80, after rallying 6% in intra-day trade and 21% in the past four trading days.

Nandish Shah recommends a Bull spread on SBI for February series_24256

According to Nandish Shah, the short term trend is bullish as the stock price is closed above all important short- term moving averages.

PNB, SBI: Here's why Mehul Kothari is bullish on these banking stocks_24259

According to Mehul Kothari, traders can buy PNB on dips near the 40-mark with a stop loss of 36 for upside target of 48 in 3 - 5 weeks.

Canara Bank's healthy Q3 result sparks rally in PSB; index jumps 3%_23854

In Q3FY22, Canara Bank's asset quality improved with its gross non-performing assets (GNPA) ratio reducing to 7.80 per cent, down from 8.42 per cent as at September 2021.

SBI can rally to a new high, charts show; Canara Bank, J&K have 8% upside_17873

The Nifty PSU Bank index needs to cross 2,850 to indicate further strength

Stocks to Watch: SBI, IDFC, IndiGo, NTPC, Cars24, PolicyBazaar, Textiles_13467

The GST Council will meet today to discuss possible rollback of recently hiked rates for the textile industry.

Indian bankers collect bumper fees from record $18 billion in IPOs_12126

A little over 110 firms ranging from online grocers to food delivery and beauty startups listed their shares in Mumbai this year, raising almost $18 billion, according to data compiled by Bloomberg

M-cap of five of top-10 valued companies soars more than Rs 1 trillion_11484

While RIL, TCS, Infosys, HUL and Wipro were the gainers, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance and SBI emerged as laggards

Nifty Bank hits 6-month low; RBL, Bandhan, AU Small tank up to 10%_9112

Nifty Bank was trading lower for the sixth straight day, having fallen 8 per cent during the period

SBI planning to offload 6% stake in AMC through initial public offer_7183

SBI currently holds 63 per cent stake in the mutual fund company and the remaining 37 per cent stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding

Banks, NBFCs set to reverse underperformance in 2022, say analysts_6390

Jefferies is bullish on HDFC Bank, ICICI Bank, SBI, and HDFC.

Stocks to Watch: RIL, Lupin, SBI, Maruti, PowerGrid, Minda, BoM, Vedanta_6281

Maruti Suzuki India (MSI) is currently analysing customer feedback to ascertain if the Jimny brand can be introduced in India