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
SC asks SBI to issue details of parties that received electoral bonds, along with the date and names of purchasers, and denomination
Analysts say Q3 profit saw a one-off drag; believe banking heavyweight’s financials are "healthy” with sustainable credit growth & stable NIM
The U.S. dollar-denominated senior unsecured notes will be part of the India-based bank's $10 billion medium-term note programme.
SBI’s NII surged 12.27% to ₹39,500 cr, while NIM stood at 3.43, down 12 bps YoY
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
The funds will be raised by the issue of debt instruments, including Basel III compliant additional tier 1 and tier 2 bonds