The latest norms regarding lending to large corporates make corporate lending more costly, said Arundhati Bhattacharya
He said SBT had played a pioneering role in the state's development in every sphere of productive activity
Its value and margins are higher than Street estimates; this could push up the bank's valuations
Shares of SBI were trading 0.08 per cent higher at Rs 254.80 per scrip on the BSE
Fund houses have lapped nearly 60 million shares
She was speaking in response on whether banks are heading towards a possible bubble in consumer financing segment
The mergers will dwarf ICICI Bank assets to just one-fourth of SBI; catapult the bank into top 50 banks globally
Analysts expect return ratios consolidated entity to improve by 300-400 basis points
The only exception could be State Bank of Mysore as its stock could see some correction given the swap ratio for its shareholders
Entities are State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore and Bharatiya Mahila Bank.
Monsoon to fuel rural lending, industrial borrowing may get a leg-up
Says associates will report better performance from the subsequent quarter
Rs 14,384-cr capital boost from realty re-valuation
Shares of the bank rose more than 5% after the results on the lower-than-expected rise in bad loans
SBI reported a standalone net profit of Rs 2,521 crore for Q1FY17, against Rs 1,264 crore in previous quarter
However, the shares of state-run bank rose more than 5% after the results on the lower-than-expected rise in bad loans
In metropolitan and large cities, the bank has spread adequately while scope still exists to cover other geographical areas like remote and under-served areas
This apart, SBI is also planning to come out with small value insurance, investments and flexible deposit schemes
These accounts were opened under the Pradhan Mantri Jan Dhan Yojana
The process includes self-learning, class-room learning and the examination