SBIN News

Stocks to buy for short term: Despite volatility in the Indian stock market, analysts suggest six stocks for short-term gains, with expected returns between 7% and 18%. Key factors include technical indicators and bullish trends that could enhance stock performance.

The RBI's recent decision to cut the cash reserve ratio (CRR) by 50 basis points aims to enhance liquidity and stimulate credit growth. This move is expected to benefit PSU banks and improve their profitability.

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.

Best FD rates: In India, Fixed Deposits are popular for their safety and returns. Small finance banks often have higher rates than traditional banks

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.

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.

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.

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.

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.