Page 32 - Sbi

SBI Cards m-cap tops Rs 1-trillion; Five factors that are driving the stock

The firm's m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel

Morgan Stanley believes SBI is well-placed to capitalise cyclical lift

Morgan Stanley has raised its one-year target price to Rs 600 apiece. In their bull-case, the target price is pegged at Rs 830, implying a 100 per cent upside from Wednesday's close

Nomura, Morgan Stanley bet on these stocks as Nifty Bank hits new record

The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels

Banking Reset 2.0: Tectonic changes are underway in Indian banking

Towards the end of the calendar year, an Internal Working Group (IWG) of the RBI made a case for large corporate groups being permitted to spawn banks

SBI stock may rally another 40% after hitting record high: Analysts

The series of price-target upgrades continued for the sixth consecutive quarter for the state-owned lender as it reported a 7 per cent decline in net profit at Rs 5,196 crore for the December quarter

Top headlines: Govt comes down heavily on Twitter, IndiGo starts hiring

Business Standard brings you the top headlines at this hour

SBI aims to double home loan portfolio in next 5 years to Rs 10 trillion

Aims to achieve Rs 7 trillion by FY24, currently has 34% market share in the segment

Top headlines: PM defends farm laws; SBI says will double home loans

Business Standard brings you top news of the evening

India's aspiration needs 20 SBI-sized institutions: FM Sitharaman

Sitharaman said the government would work with the Reserve Bank for execution of the bank privatisation plan announced in the Budget

State Bank of India shares jump 11% as Street lauds Q3 performance

The stock ended at a new lifetime high of Rs 393 after soaring to Rs 408 in intra-day trade.

State Bank of India shares continue to gain on improved asset quality

Shares of State Bank of India continued to rally on Friday, jumping over 11 per cent

SBI hits record high post Q3 results; CLSA lists 3 triggers for re-rating

CLSA has raised its target price on SBI's stock by an impressive 45.45 per cent to Rs 560 from Rs 385. This also reflects a 58 per cent upside from the stock's market price as on Thursday

Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%

The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively

SBI has crossed its decade-old resistance; set to hit Rs 800 levels

The stock hit a lifetime high of Rs 408 apiece in intraday deals on Friday, up 15 per cent on the BSE, as against a 0.7 per cent rise in the S&P BSE Sensex

PSU Bank index up 31% in 1 wk on strong SBI Q3 results, privatization hope

SBI, Indian Bank, Bank of Baroda, Canara Bank, Punjab National Bank and Bank of India were rallied between 25 per cent and 50 per cent in past one week.

SBI Q3 net down 6.93% at Rs 5,196 cr, asset quality improves despite Covid

Net Interest Income up 3.75% to Rs 28,820 cr

SBI: Turning over a new leaf, poised to benefit from credit growth

Stress on the asset quality front is at a multi-quarter low; bank ups PCR to 90 per cent

Budget's transparency on numbers to enthuse rating agencies: SBI economists

The budget redefines fiscal rules because it adds off-balance sheet items to the headline deficit, a note said adding that consolidation of finances is a pragmatic move

Top headlines: SBI Q3 profit slips 7%, US comments on farm laws, protests

Business Standard brings you top news of the day

SBI Q3 result: Net profit slips 7% YoY to Rs 5,169 cr on higher provisions

Total provisions for the quarter were Rs 10,342.39 crore, of which provisions for NPA were Rs 2,290.38 crore