The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the fin ...More

The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026. This follows SBI's reported 6% year-on-year rise in net profit for the January-March quarter of FY26, reaching Rs 19,684 crore. ...Less

SBI Q4 Results: State Bank of India reported a 6% year-on-year rise in standalone net profit to Rs 19,684 ...More

SBI Q4 Results: State Bank of India reported a 6% year-on-year rise in standalone net profit to Rs 19,684 crore for the fourth quarter, exceeding analyst expectations. The bank also declared a dividend of Rs 17.35 per share. Despite a decline in operating profit, asset quality improved with a lower Gross NPA ratio. ...Less

State Bank of India shares dropped 7% after the bank reported margin pressure and weaker operating perfor ...More

State Bank of India shares dropped 7% after the bank reported margin pressure and weaker operating performance in its March quarter earnings. Net interest margins contracted year-on-year and sequentially, while net interest income declined quarter-on-quarter. Operating profit also saw a fall compared to previous periods. ...Less

SBI is expected to report a subdued March quarter as treasury losses likely offset stable loan growth and ...More

SBI is expected to report a subdued March quarter as treasury losses likely offset stable loan growth and resilient margins. Brokerages expect modest profit growth, steady asset quality and stable credit costs, while investors will closely track management commentary on margins, deposits, loan growth and the impact of a lower interest-rate environment. ...Less

State Bank of India's board will consider a fundraising plan of up to $2 billion on May 12. The bank will ...More

State Bank of India's board will consider a fundraising plan of up to $2 billion on May 12. The bank will also release its Q4 results today, with analysts expecting muted profit growth due to treasury losses, despite stable loan growth and margins. SBI shares have seen significant gains over the past year. ...Less

Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 ...More

Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 crore, driven by a strong performance in its jewellery segment. The company's total income surged by 46% to Rs 20,300 crore. Titan's Board also recommended a dividend of Rs 15 per equity share. ...Less

The Nifty Bank index plunged nearly 900 points, driven by weak earnings from State Bank of India and broa ...More

The Nifty Bank index plunged nearly 900 points, driven by weak earnings from State Bank of India and broader market sentiment. SBI shares led the decline, while other major banks also saw significant drops. Analysts anticipate continued consolidation in the index, with key support and resistance levels identified. ...Less

India's largest bank State Bank of India (SBI) reported an 83% growth in standalone net profit at Rs 16,6 ...More

India's largest bank State Bank of India (SBI) reported an 83% growth in standalone net profit at Rs 16,695 crore for the quarter ended March. ...Less

SBI Q4 results: The bank posted an operating profit of Rs 31,286 crore in Q4FY25, marking an 8.83% increa ...More

SBI Q4 results: The bank posted an operating profit of Rs 31,286 crore in Q4FY25, marking an 8.83% increase over Rs 28,748 crore a year ago. However, the loan loss provisions surged 20.35% YoY to Rs 3,964 crore from Rs 3,294 crore in Q4FY24. ...Less

SBI under its new chairman Pratip Chaudhuri has already changed course in a number of areas. ...More

SBI under its new chairman Pratip Chaudhuri has already changed course in a number of areas. ...Less

The Board declared a dividend of Rs 11.30 per equity share (1130%) for the financial year ended March 202 ...More

The Board declared a dividend of Rs 11.30 per equity share (1130%) for the financial year ended March 2023. The date of payment is fixed on June 14. ...Less

ICICI Securities said it expects SBI to deliver over 13 per cent core RoE aided by growth build-up, conta ...More

ICICI Securities said it expects SBI to deliver over 13 per cent core RoE aided by growth build-up, contained credit cost and steady margin profile. ...Less

All eyes will be on the impact of Covid 2.0 wave on non-performing assets and growth outlook. ...More

All eyes will be on the impact of Covid 2.0 wave on non-performing assets and growth outlook. ...Less

Loans to individuals rose 15% year on year led by a 11.49% growth in home loans. Retail loans crossed the ...More

Loans to individuals rose 15% year on year led by a 11.49% growth in home loans. Retail loans crossed the ₹10 lakh crore mark for the bank during the quarter. Retail loans now make up the largest chunk of the ₹28.18-lakh-crore loan book at 23%. ...Less

The company said its provisions for bad loans came down to nearly a third of the level year ago. It kept ...More

The company said its provisions for bad loans came down to nearly a third of the level year ago. It kept aside Rs 3,262 crore during the quarter, compared to Rs 9,914 crore. Though the total provision for contingencies including those for bad loans stood at Rs 7,237 crore compared to Rs 11,051 crore. ...Less

State Bank of India's (SBI) stock gained nearly 2% in the early trade on Friday after the state-lender re ...More

State Bank of India's (SBI) stock gained nearly 2% in the early trade on Friday after the state-lender reported a better than estimated Q4FY23 earnings on Thursday. SBI reported an 83% growth in standalone net profit at Rs 16,695 crore for the quarter ended March 31, 2023. It was Rs 9,113 crore in the same quarter last year. Net interest income for the fourth quarter rose 29% to Rs 40,393 crore, compared with ...Less

The stock has remained flat for the year 2013 but has gained over 14% in the last two months (since April ...More

The stock has remained flat for the year 2013 but has gained over 14% in the last two months (since April till May 22), but it has underperformed CNX Bank Index. ...Less

SBI Q4 Results: The Net interest income or NII for the January-March quarter stood at Rs 41,655 crore, up ...More

SBI Q4 Results: The Net interest income or NII for the January-March quarter stood at Rs 41,655 crore, up 3% YoY to over Rs 40,393 crore, while for FY24 the figure stood at Rs 1,59,876 crore, a 10% jump over the last financial year. The Board has also recommended a dividend of Rs 13.70/share. Interest earned during Q4 advanced 19% YoY to Rs 1,11,043 crore. ...Less

The bank's profit is expected to range between ₹16,000 crore and ₹20,000 crore, based on consensus estima ...More

The bank's profit is expected to range between ₹16,000 crore and ₹20,000 crore, based on consensus estimates from five brokerages. This is a decline from more than ₹20,000 crore last year. ...Less

Compared with the December 2011 quarter, the percentage of its non performing assets to advances has redu ...More

Compared with the December 2011 quarter, the percentage of its non performing assets to advances has reduced. ...Less

"When we talk about the corporate book, it is more a function of how the economy is doing. Assuming that ...More

"When we talk about the corporate book, it is more a function of how the economy is doing. Assuming that the retail book will remain robust, we are actually already seeing a decent number of enquiries coming in." ...Less

The lender’s Chairman Dinesh Khara said that the bank does not see much concern ahead on the asset qualit ...More

The lender’s Chairman Dinesh Khara said that the bank does not see much concern ahead on the asset quality front despite the impact of the second Covid-19 wave on the economy. ...Less

Calling the stock 'attractively valued' analysts have price targets that hint at up to 56 per cent upside ...More

Calling the stock 'attractively valued' analysts have price targets that hint at up to 56 per cent upside for the counter. Loan growth surprised positively and this improvement will be the key catalyst for the stock, said Nomura India, which has a target of Rs 615 on the stock. ...Less

Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technolo ...More

Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals, and Krishna Institute of Medical Sciences (KIMS), will announce their December quarter earnings. The market is particularly interested in the results of PSU lender State Bank of India (SBI). ...Less

Shares of SBI rose as much as 2.1% before giving up most of their early gains in a choppy trade. The stoc ...More

Shares of SBI rose as much as 2.1% before giving up most of their early gains in a choppy trade. The stock eventually closed at ₹575.65 apiece on the NSE, up 0.25% from the previous close. ...Less

With the payment for the resolution received, SBI will be able to reverse a large chunk of the provisions ...More

With the payment for the resolution received, SBI will be able to reverse a large chunk of the provisions made for the company account that will boost its bottom line, analysts said. ...Less

The bank’s bad loan volume rose by about a Rs 1,000 crore to Rs 8,105 crore. ...More

The bank’s bad loan volume rose by about a Rs 1,000 crore to Rs 8,105 crore. ...Less

Banking sector’s net profit rose just 4.9% YoY in Q4 FY25—the slowest in 17 quarters—due to weak private ...More

Banking sector’s net profit rose just 4.9% YoY in Q4 FY25—the slowest in 17 quarters—due to weak private bank performance, SBI’s earnings drop, and pressure on margins. Upcoming rate cuts and liquidity measures may ease stress ahead. ...Less

SBI’s Q4FY25 net profit may fall 4.5–22% YoY amid higher provisions and softer pre-provision operating pr ...More

SBI’s Q4FY25 net profit may fall 4.5–22% YoY amid higher provisions and softer pre-provision operating profit. While loan and deposit growth remains healthy, margin pressure and rising credit costs weigh on earnings. Analysts eye asset quality, capital raise plans, and return metrics. ...Less

State Bank of India rose as much as 9.1% in the afternoon trade on Friday after the largest public sector ...More

State Bank of India rose as much as 9.1% in the afternoon trade on Friday after the largest public sector bank reported results for the quarter ended June 30. ...Less

SBI has guided for a shortfall of Rs 10,000 crore towards the new wage agreement, which will be spread ov ...More

SBI has guided for a shortfall of Rs 10,000 crore towards the new wage agreement, which will be spread over two quarters of H2FY24. In the second quarter, SBI had a one-off wage provision of Rs 3400 crore. ...Less

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 18473 ...More

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 184739.46 Crore). ...Less

Over 150 companies, including major players like SBI, LIC, Tata Motors, and Vedanta, are set to release t ...More

Over 150 companies, including major players like SBI, LIC, Tata Motors, and Vedanta, are set to release their July-September 2024 quarter results today. SBI is predicted to show single-digit growth in net interest income, while Tata Motors is expected to see a 30% rise in net profit despite muted revenue growth. ...Less

PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% ...More

PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% YoY revenue growth, early monsoon hit seasonal AC sales. Management stays optimistic on long-term outlook. ...Less

State Bank of India will be in focus after announcing plans to raise up to $3 billion in FY26 via public ...More

State Bank of India will be in focus after announcing plans to raise up to $3 billion in FY26 via public or private placement of foreign currency bonds. Meanwhile, the lender reported a 10% YoY drop in Q4 standalone profit at Rs 18,643 crore, though FY25 full-year profit rose 16%. Analysts maintain a ‘Buy’ rating with a Rs 930 target. ...Less

State Bank of India, India's largest public sector bank, is expected to report a slight decrease in profi ...More

State Bank of India, India's largest public sector bank, is expected to report a slight decrease in profits for the first quarter of 2024 due to increased provisions, despite a projected 10% growth in net interest income. ...Less

Analysts anticipate a relatively stable net interest income (NII) growth or potentially a slight decrease ...More

Analysts anticipate a relatively stable net interest income (NII) growth or potentially a slight decrease of up to 1% year-on-year, attributed to increased operating expenses and normalization of net interest margins (NIM). ...Less

Foreign Institutional Investors (FIIs) have shifted from being net sellers to net buyers in Indian equiti ...More

Foreign Institutional Investors (FIIs) have shifted from being net sellers to net buyers in Indian equities, purchasing ₹40,145 crores in the last 12 trading days. This reversal is attributed to President Trump's tariff pause and a weakening US dollar, which boosted emerging markets like India. However, modest earnings growth of around 5% in FY25 may constrain future FII inflows. ...Less

Indian benchmarks extended gains last week, led by largecaps, even as smallcaps underperformed. The Nifty ...More

Indian benchmarks extended gains last week, led by largecaps, even as smallcaps underperformed. The Nifty ended up 1.3%, while the Sensex rose 1.6%. Key triggers this week include the US Fed policy decision, Q4 earnings from SBI and Kotak Bank, macro data, LoC tensions, and crude oil swings. The Rupee breached 84/USD, and FIIs remained strong buyers. ...Less

SBI Q1 Preview: Net profit for the April-June 2024 period may decline 3% year-on-year, according to an av ...More

SBI Q1 Preview: Net profit for the April-June 2024 period may decline 3% year-on-year, according to an average estimate of six brokerages. Net interest income for the same period, meanwhile, is seen rising around 10% year-on-year. ...Less

Garden Reach Shipbuilders & Engineers (GRSE) reported a strong first quarter for FY26, with a 37.8% YoY i ...More

Garden Reach Shipbuilders & Engineers (GRSE) reported a strong first quarter for FY26, with a 37.8% YoY increase in profit after tax, reaching Rs 120.17 crore. Revenue from operations also saw a significant rise of 29.7% YoY, totaling Rs 1,309.87 crore. The company's earnings per share improved to Rs 10.49, reflecting overall positive financial performance. ...Less

Net interest income is likely to grow around 6% year-on-year (YoY) in the December quarter, according to ...More

Net interest income is likely to grow around 6% year-on-year (YoY) in the December quarter, according to an average estimate of five brokerages. Net profit for the same period is seen declining 12% YoY. ...Less

174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC ...More

174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC, Airtel, Britannia, Trent, and Hero MotoCorp. ITC is likely to see a slight revenue growth but a profit decline. Airtel's net profit may see a significant rise, boosted by Indus Towers consolidation. SBI expects steady growth driven by robust loan performance. ...Less

SBI is expected to declare its first quarter earnings on Friday, August 4. The net interest income (NII) ...More

SBI is expected to declare its first quarter earnings on Friday, August 4. The net interest income (NII) for the quarter is estimated to rise 30% year-on-year, according to an average estimate of five analysts. Meanwhile, the net profit and operating profit are seen more than doubling from a year-ago period, an average estimate of four analysts showed. ...Less

InterGlobe Aviation, operator of IndiGo, is expected to report a mixed Q2 performance as seasonal softnes ...More

InterGlobe Aviation, operator of IndiGo, is expected to report a mixed Q2 performance as seasonal softness impacts profitability. Brokerages estimate revenue between Rs 17,646–19,148 crore, with divergent profit views ranging from losses to moderate gains, driven by stable demand and expanding global routes. ...Less

Analysts in an ET NOW poll had estimated a loss of Rs 704 crore. ...More

Analysts in an ET NOW poll had estimated a loss of Rs 704 crore. ...Less

SBI Share Price: SBI's robust Q4 earnings, with a net profit of Rs 20,698 crore, garnered bullish sentime ...More

SBI Share Price: SBI's robust Q4 earnings, with a net profit of Rs 20,698 crore, garnered bullish sentiments from various brokerages. Nomura, JP Morgan, Nuvama, KIE, Motilal Oswal, and Emkay Global maintain buy ratings with target prices ranging from Rs 820 to Rs 1,000, anticipating sustained growth and favorable prospects. ...Less

The sentiments were also upbeat ahead of the RBI policy meet outcome scheduled later in the day. ...More

The sentiments were also upbeat ahead of the RBI policy meet outcome scheduled later in the day. ...Less

State Bank of India (SBI) is expected to report high single-digit growth in net interest income (NII) for ...More

State Bank of India (SBI) is expected to report high single-digit growth in net interest income (NII) for Q3 FY25, driven by strong loan growth. Estimated topline is between Rs 42,290 crore and Rs 42,845 crore, with net profit potentially rising 61%-89%. Provisions may increase YoY, while NIMs could dip. Earnings will be announced on February 6, 2025. ...Less

SBI, which is expected to complete the process by March 2017, is expected to bear Rs 3,500 crore on accou ...More

SBI, which is expected to complete the process by March 2017, is expected to bear Rs 3,500 crore on account of harmonisation of employee pension plans. ...Less

Indian equity markets ended higher for the week, with the Sensex up 1.6% and Nifty gaining 1.3%, led by l ...More

Indian equity markets ended higher for the week, with the Sensex up 1.6% and Nifty gaining 1.3%, led by largecaps. Smallcaps lagged amid rising volatility. Key triggers ahead include the US Fed rate decision, Q4 results from SBI and Kotak Bank, India-Pakistan border tensions, and crude price swings. FIIs remained net buyers and the Rupee appreciated past 84/USD. ...Less

Soon the earnings season will kick in and that will throw a lot of light on the state of health of balanc ...More

Soon the earnings season will kick in and that will throw a lot of light on the state of health of balance sheets in the small cap arena. ...Less