Page 22 - Sbi

Bank lending, deposit rates have bottomed out: SBI chief Dinesh Khara

Khara said SBI and other banks in the country were aware that the economy required softer rates to continue.

Nifty outlook & trading strategies by CapitalVia: Buy SBI, Dr Lal PathLabs

Better-than-expected Q2 GDP data numbers might help index to move in the positive territory

Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations

Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22

French giant Amundi threatens to divest SBI bonds over Adani coal mine loan

The Adani Carmichael project has been opposed by climate activists due to the issue of carbon emissions.

SBI draws from Binani Cement deal, backs another bidding round for DHFL

Lender has the highest exposure to the bankrupt firm, want to maximise asset's value

State Bank of India expects RBI to hold interest rate, says Dinesh Khara

Khara's comment comes only days before the monetary policy committee of the Reserve Bank of India (RBI), the country's central bank, is due to meet between Dec. 2 and Dec. 4

Some banks extending long-term loans below bond market rates, warns SBI

It's time the RBI allowed the rupee to appreciate, says an SBI Research report

Rating agencies upbeat on cash-starved Lakshmi Vilas Bank merger with DBS

This deal is positive for India's banking sector and will bring much-needed relief to LVB, which has been struggling for many years, S&P said in a statement

Telecom to oil firms: Q2 results give no clear sign of broad revival

The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers

SBI set to offer Rs 5000 cr loan to Adani coal project in Australia: Report

The State Bank of India is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd's Australian mining company, now renamed Bravus Mining & Resources, as per media reports.

Lavasa hill city hits dirt; lenders may send company to liquidation

Lavasa, a subsidiary of construction major HCC, has defaulted on bank loans worth Rs 7,700 crore

SBI board clears divestment of over 8.5% stake in UTI Trustee Company

The divestment, it said, has been approved to comply with Regulation 7B of the Securities and Exchange Board of lndia (Mutual Funds) (Amendment) Regulation, 2018

SBI to raise share of financial inclusion to 20% by March 2022

>>To reduce C/I ratio to 38%, from 55% >>Hive off client servicing to BC channel

Former SBI Chairman P G Kakodkar passes away following cardiac arrest

Kakodkar was instrumental in the bank achieving several milestones.

SBI has strength to operate next 12 months due to strong deposit: S&P

State Bank of India (SBI) has the financial strength to withstand tough operating conditions in the next 12 months due to its strong deposit franchise and liquidity, global rating agency S&P on Thursday said. The very high likelihood of the government support, if needed, provides a cushion to accentuated downside risks, it said in a statement. SBI's performance in the second quarter was broadly in line with our expectations of a rebound in performance after the lockdown, with uncertainty about the amount of incremental stressed assets emerging over the next six months, the rating agency said. The country's largest lender SBI on Wednesday reported a 55 per cent increase in its consolidated net profit to Rs 5,245.88 crore for the second quarter ended September 30, on account of decline in bad loans. "The bank has continued to cut the cost of deposits and boost its net interest margin, while peers have faced pressure from excess investments in lower-earning assets. Collection ...

Profit surge shows SBI can withstand tough operating conditions: S&P

However, asset quality may slip; GNPAs could rise to 8.5%

Chart check: SBI rallies 7% post Q2 result. Is the rally sustainable?

The state-owned lender on Wednesday posted a 51.88 per cent growth in net profit for the second quarter ended September 2020 (Q2FY21).

SBI shares surge 7% after healthy September quarter numbers

Analysts believe that the earnings normalisation cycle for the state-owned lender has begun as the uncertainty brought about by the pandemic is receding significantly.

SBI's attractive asset quality needs to be viewed with a sharp lens

Proforma net NPA ratio at 2.08 per cent indicates a reversal in easing of asset quality trend

SBI standalone Q2 net up 52% to Rs 4,574 cr on rise in net interest income

Dip in bad loan provisions support better quarterly show; NPAs decline