E-PaperSbi Shares News
SBI Q2 net profit trebles to ₹3011.73 crore, asset quality improves
A Bloomberg poll of 21 analysts had expected the state-owned lender to report a profit of ₹2292.8 croreGross NPAs were at 7.19% in the September quarter, compared with 7.53% in the June quarter
1 min read25 Oct 20191,100 points in three days, Sensex extends rally: 10 updates
The Nifty has reclaimed 10,800 mark. HDFC Bank, HDFC, Yes Bank, ICICI Bank and SBI are among the top Sensex gainers today.
2 min read14 Dec 2018SBI gets shareholders’ nod to raise ₹20,000 crore via share sale
The country's largest lender held a general meeting of its shareholders in Mumbai to seek approval for the business
1 min read7 Dec 2018Sensex rises over 300 points; RIL, banks lead recovery
ICICI Bank, RIL, NTPC, and L&T were among the top Sensex gainers, up around 2%.
2 min read13 Nov 2018SBI plans to raise up to Rs20,000 crore to fund growth
SBI shareholders will meet on 7 December to consider the proposal to raise up to Rs20,000 crore through various modes, including a follow on FPO, to fund its growth
1 min read6 Nov 2018Opinion | SBI is still too cheerful after eight misfires
It is premature for State Bank of India to sound the all-clear on asset quality when it has a $20 billion exposure to shadow financiers facing a liquidity squeeze
2 min read6 Nov 2018With strong Q2 performance, SBI seeks to ramp up credit to economy
With the overhang of bad loans seemingly receding, SBI hopes to grow faster even as it begins to get back money from errant borrowers
2 min read6 Nov 2018SBI shares jump to 12-week high on recovery forecast
SBI shares rise more than 6% to a 12-week high after the bank projects a recovery over the next two years following a record quarterly loss
1 min read23 May 2018Kotak Mahindra Bank pips SBI to become India’s second most valuable bank
Kotak Mahindra Bank shares beat SBI for the first time to become the second most valued bank in the country
2 min read17 Apr 2018SBI shares fall over 3% on weak Q3 results
State Bank of India shares slump more than 3% in morning trade on the bourses after the company reported weak December quarter results
1 min read12 Feb 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared