|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||260.80 - 272.95|
|52-week range||232.35 - 351.30|
|PE ratio (TTM)||N/A|
|Earnings date||9 Nov 2018 - 13 Nov 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||345.44|
A Science graduate and a Law graduate from Delhi University, Prashant Kumar joined the SBI in the year 1983, as Probationary Officer and since then he has held various important portfolios in bank
Top lender State Bank of India said on Friday that the government had appointed Anshula Kant as the bank's managing director. Kant will remain in the position until the date of her superannuation on Sept. ...
State Bank of India (SBI), a government-owned bank, is all set to declare the clerk main exam result shortly. Candidates appeared for the SBI clerk main exam are advised to check the official website regularly for results. According to the official
The government-owned bank, State Bank of India (SBI), has released the probationary officers' (PO) main exam result today. According to the official advertisement, the result is expected to be released on August 20, 2018. Candidates who have appeared for the PO
The State Bank of India (SBI) reported a standalone net loss of Rs 4,875.85 crore for April-June quarter, compared to analysts expectations of Rs 238 crore profit (Bloomberg). It is the country's largest lender's third consecutive quarterly loss. In the March
State Bank of India has raised $200 million through a private bond deal, a detour from its earlier plans of raising $500 million through what would have been its initial green-bond sale.
State Bank of India (SBI), the largest public sector bank in the country, released the recruitment notification for Probationary Officers (PO), Clerks and Specialists Officers. Be it Clerk or PO, over 15 lakh candidates annually apply for the recruitment examinations conducted
The State Bank of India (SBI), the country's biggest public lender, has appointed Arijit Basu as its next Managing Director (MD), it said in a statement.Basu took charge of his new role today, after his predecessor Rajnish Kumar's elevation as the chairman.With Basu, SBI now has four MDs, the maximum limit under the SBI Act.Here's more about the man and the job.
Mumbai, June 30 (IANS) State Bank of India's former Managing Director B. Sriram on Saturday took charge as the MD and CEO of financially troubled IDBI Bank. Sriram was recently appointed as the chief of ...
Post-GFC recovery has driven major financial institutions’ return to health, increasing market confidence in these “too-big-to-fail” banks. As a large-cap stock with market capitalization of ₹2.43t, State Bank of IndiaRead More...
State Bank of India (NSE:SBIN) saw a decent share price growth in the teens level on the NSEI over the last few months. With many analysts covering the large-cap stock,Read More...
As a large-cap stock with market capitalization of ₹2.57T, State Bank of India (NSEI:SBIN) is classified as a major bank. As these large financial institutions revert back to health afterRead More...
Shares of State Bank of India (SBI) extended its gaining streak for the second straight session today, rising nearly 4 percent, amid positive guidance by the company.
Top brokerages welcomed SBI's move to clean up its accounts, recognising large part of its stressed assets that forced the Mumbai-based lender to report a quarterly loss of 77.18 billion rupees ($1.13 billion), the second highest in the country's banking industry. SBI added 336.7 billion rupees of non-performing loans in the March quarter, taking its total to 2.23 trillion rupees, or 10.91 percent of total loans. Deutsche Bank said it sees better future for SBI and expects core business trends to improve consistently from here on.
State Bank of India (SBI) projected a recovery over the next two years after a record 77.18 billion-rupee ($1.13 billion) fourth-quarter net loss following stricter central bank rules around bad loans, sending its shares to a nearly six-week closing high. This year is a year of hope, and next year will be a year of happiness," Chairman Rajnish Kumar, who was named to his position last October, told a news conference at the bank's headquarters after the results. The lender which accounts for more than a fifth of India's banking assets said it aims to grow loans at an annual average of 12 percent through March 2020, nearly halve its gross non-performing loan ratio, bring down provisioning costs and improve margins.
State Bank of India, the country’s largest lender by assets, joined its private peers in shrugging off losses as investors believe the lenders have finally got a handle on bad loans. A similar contrarian market reaction was seen after No. 2 private lender ICICI Bank Ltd. and smaller rival Axis Bank Ltd. reported poorer-than-expected earnings. “The fact that State Bank has booked the losses like Axis Bank is heartening for investors,” Gopal Sharma, head of institutional sales at Inventure Growth & Securities Ltd., said by phone.
The country's largest lender SBI is reportedly preparing a debt restructuring and take over for stressed power assets in order to attract new owners
SBI's stand on the cash crunch disregards ground realities. The bank's economists are probably playing to the government's tune.
At present, 4.78 lakh of the total 6.08 lakh PoS machines are enabled to dispense cash to bank customers free of charge.
Edelweiss is bullish on State Bank of India has recommended Buy rating on the stock with a target price of Rs 414 in its research report dated March 19, 2018.
New Delhi, March 15 (IANS) The country's largest public sector bank State Bank of India (SBI) on Thursday clarified that the number of accounts closed in the bank is higher this year due to the merger and it has nothing to do with maintenance of minimum balance. "Customers who are not able to maintain average monthly balance have the option to get their Regular Savings Bank accounts converted to BSBD accounts free of charge. Effective April 1, 2018, the service charges for non-maintenance of average monthly balance have been reduced by 75 per cent which has been very well appreciated by customers of the bank," it added.
March 5 (Reuters) - Punjab National Bank: * SBI HONG KONG SAYS DOES NOT HAVE ANY EXPOSURE AGAINST ANY CORPORATES/BANKS BASED UPON LOUS/LCS ISSUED BY PNB, BRADY HOUSE BRANCH * SBI HONG KONG BRANCH DOES ...
India’s regulator unearthed about $3.6 billion of bad loans in the books of the country’s biggest bank, amplifying questions about distress in the financial sector given underreporting by some rivals as ...