Why investors in SBI stock still have hope1 min read 08 Aug 2022, 10:18 PM IST
SBI saw credit growth of 14.93% year-on-year, but missed Street’s earnings expectation because of a one-time mark-to-market loss, subdued net interest margin and elevated slippages
Shares of State Bank of India (SBI) fell by 2% on Monday, while the benchmark Nifty50 index rose 0.73%. However, not without reason, India’s largest public sector bank’s June quarter results, announced on Saturday, were disappointing.
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