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
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SBI raises ₹10,000 crore via bonds; stock rises over 1%
The issue was oversubscribed almost 4 times with bids of ₹15,907 crore against the base issue size of ₹4,000 crore, said SBI.
SBI’s Banker For All Seasons
Betting big on digital, Dinesh Khara has taken India’s biggest lender to dizzying new heights.
TCS most valuable Indian brand; HDFC Bank, Infosys in top 3
Overall value of the most valuable Indian brands is down 4% on 2022 levels, though a relatively small dip compared global brands, says Kantar BrandZ Top 75 report
RBI imposes penalty worth ₹4.7 cr on SBI, 3 others; cancels Kapol Co-operative Bank licence
RBI fines SBI with a penalty worth ₹1.30 cr for violations in ‘Loans and Advances’ and ‘Intra-Group Transactions’ rules
SBI raises ₹10,000 crore via infra bonds; stock falls
SBI’s infra bonds had a base issue size of ₹4,000 crore and a greenshoe option of ₹6,000 crore.
SBI tops Sensex losers’ chart despite record profit in Q1; here’s why
SBI shares ended 2.94% lower at ₹573.25 on the BSE amid surge in selling activities post Q1 results.
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
India to be world's 3rd largest economy by FY28: SBI
For Q1 FY2023-24, economists are pegging India’s GDP to surpass 8%, pushing India’s GDP growth beyond 6.5%
Last-Mile Banking With SBI
India's largest lender leads financial inclusion, leveraging its vast network of branches, banking correspondents and financial literacy centres.
