SBIN News
Banking system low-cost deposits could decline further, says SBI chairman Setty
SBI’s Casa ratio stood at 40.7% as on 30 June, down from 42.9% from the same period last year. Its loan book expanded by a robust 15.4% year-on-year, outpacing deposit growth of 8.2% in the June quarter.
2 min read18 Sep 2024Best FD rates: These five banks offer the highest interest rates on fixed deposits. Check details here
Best FD rates: In India, Fixed Deposits are popular for their safety and returns. Small finance banks often have higher rates than traditional banks
2 min read15 Sep 2024New SBI chairman Setty has his task cut out
State Bank of India’s loan expansion has outpaced deposit growth, while asset quality is showing some signs of strain. Chairman designate Setty will need to navigate these challenges while maintaining the bank’s profitability.
3 min read8 Aug 2024SBI earns ₹1.6 trillion PAT in 4 years under Khara, higher than previous 64 years
In the last four years, SBI has earned a net profit of ₹1.63 trillion. The same for the 64 years before that was ₹1.45 trillion.
2 min read4 Aug 2024Fixed Deposits: These six banks offer highest interest rates on five-year FDs. Check details
Most banks typically offer a high rate of interest on long-duration fixed deposits. Conversely, short-duration term deposits give a relatively lower rate of interest.
2 min read14 Jul 2024SBI vs Bank of Baroda: Which PSU bank stock should you pick for long term?
The Nifty PSU Bank index alone has delivered impressive returns of over 83%, overshadowing the 19.5% returns of the Nifty Bank index, in the last 1 year. Let’s analyse between the State Bank of India (SBI) and Bank of Baroda (BoB), which PSU bank stock has better long-term investment opportunities.
7 min read16 Mar 2024BFSI Q3 review: Large private banks better placed than others, says Anand Rathi; prefers ICICI Bank, SBI among others
Anand Rathi believes that large-cap private banks have a better risk-reward than others in BFSI, as the government loosens its purse strings, improving the banking liquidity coupled with the robust underlying credit demand.
5 min read13 Feb 2024How will HDFC Bank, Axis Bank, SBI and others perform in 2024? 5 key trends that will determine banks’ performance
The relative performance of the banks would be influenced by five key trends— a revival in corporate credit, potential rate cuts, a potential slowdown in unsecured consumer credit, divergence in deposit growth rates and normalisation of credit costs/RoA.
3 min read4 Jan 2024This is why there is still potential for a surge in banking stocks
With the stabilization of deposit rates, it is anticipated that Net Interest Margins will be more sustainable. That combined with other factors will drive bank stock prices. Read on:
3 min read24 May 2023F&O data indicates positive market sentiment, here are 2 stocks to buy
A sharp fall in the fear index, India VIX, also indicates improved positive market sentiment
2 min read30 Apr 2023Popular 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