Sensex, Nifty tank 7% as BJP tally surprises Dalal Street
Equity benchmark the BSE Sensex fell 6.8% as of 12:15 pm while the Nifty 50 Index was down as much as 7%.
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June 2024
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June 2023
Brokerages hail SBI’s robust Q4 numbers, raise target price
SBI’s Q4 profit surged 24% to ₹20,698 cr; net interest income up 3.1% to ₹41,656 crore
SBI share hits 52-week high amid SC decision on electoral bonds
SC asks SBI to issue details of parties that received electoral bonds, along with the date and names of purchasers, and denomination
SBI shares dip 2% as Q3 profit misses estimates
Analysts say Q3 profit saw a one-off drag; believe banking heavyweight’s financials are "healthy” with sustainable credit growth & stable NIM
SBI raises $600 mn via dollar bonds
The U.S. dollar-denominated senior unsecured notes will be part of the India-based bank's $10 billion medium-term note programme.
SBI shares surge after 8.07% rise in Q2 profit at ₹14,330 cr
SBI’s NII surged 12.27% to ₹39,500 cr, while NIM stood at 3.43, down 12 bps YoY
SBI records highest-ever Q1 profit at ₹16,884 cr; NII surges 25%
SBI's gross NPA ratio was at 2.76%, down by 115 bps YoY, while the net NPA ratio was recorded at 0.71%, down 29 bps on a year-on-year basis
SBI board approves fundraising of ₹50,000 cr in FY24
The funds will be raised by the issue of debt instruments, including Basel III compliant additional tier 1 and tier 2 bonds
