Page 7 - Sbi

Strong Q2 results drive earnings, target price upgrades for SBI, BoB

Analysts see up to 31 per cent and 17.6 per cent upside in SBI and BoB's stock, respectively, from a one-year perspective

Sensex ends subdued day 235 pts up, Nifty swings above 18,200; SBI leaps 3%

CLOSING BELL: The Nifty PSU Bank index sharply outperformed other indices as it gained 4.5 per cent

Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts

SBI hit life-time high, while Bank of Baroda registered a new 52-week high in trades on Monday after the banks reported strong Q2 earnings over the weekend. Here's what the charts indicate ahead.

State Bank of India's stock hits record high on 'best-in-class' results

Shares of State Bank of India (SBI) climbed nearly 5% to an all-time high on Monday after the country's largest lender reported a record quarterly profit

Stocks to watch: SBI, DRL, Britannia, Coal India, Divi's Lab, Paytm, ABFRL

Stocks to watch today: Coal India, Divi's Lab will report the July-September quarter (Q2FY23) results on Monday, November 7; SBI's net profit climbed 73.9 per cent YoY to Rs 13,265 crore in Q2FY23

Fund Pick: SBI Conservative Hybrid Fund is a consistent outperformer

The fund's month-end assets under management increased to Rs6,714.5 crore in September this year, from Rs1,086.8 crore in September 2019

SBI's Q2 net rises 74% to Rs 13,265 crore on improved interest margins

The lender's net interest income improved 12.83 per cent YoY to Rs 35,183 crore for Q2FY23, against Rs 31,184 crore last year

SBI Q2 PAT may rise up to 98% QoQ, asset quality could improve: Analysts

SBI Q2 preview: SBI's NII is expected to grow less than 10 per cent both, yearly and sequentially, and may come in the range of Rs 32,681 crore to Rs 33.537.6 crore

SBI gains 2% to hit a new high ahead of Q2FY23 results

The stock of state-owned lender surpassed its previous high of Rs 586.1, which it had touched on October 25, 2022

Moneyboxx Finance gets Rs 50 cr term loan from SBI to expand its operations

Moneyboxx caters to the credit needs of micro entrepreneurs in Tier-3 and below regions of the country

CCI puts AGI Greenpac's acquisition of HNG on hold, seeks more details

On the CCI website, the notice filed by AGI Greenpac on September 27 regarding the acquisition, has been marked as 'Notice Not Valid'

SBI hits record high on hopes of strong Q2 earnings; stock up 11% in 8 days

SBI's core fundamentals continue to be on a strong footing and improvement in systemic growth should drive incremental re-rating for the stock, according to analysts

State Bank of India, IDBI Bank hike retail fixed deposit rates

For 1 year to less than 2 years, SBI is offering 6.10% as compared to 5.60% earlier

Competition for funds drives SBI to hike savings deposit rate by 30 bps

Balances of Rs 10 cr and above to earn 3% rate of interest Oct 15 onwards; 2.7% rate unchanged on deposits below Rs 10 cr

PSU Bank leads Nifty pack, up 7.6% in the past two trading sessions

With asset quality improving, analysts see more growth

Top headlines: Govt hikes MSP on wheat, mustard; Binny new BCCI President

With the hike, the new MSP of wheat will be Rs 2,125 per quintal as against RS 2,025 per quintal earlier

SBI hikes interest rate on savings deposits above Rs 10 crore by 30 bps

The deposits will attract an interest rate of 3%, effective Oct 15. Balances up to Rs 10 cr to earn 2.7% interest

State Bank of India, HDFC cut home loan rates to 8.4% for new applicants

SBI's loan book crosses Rs 6-trn mark

SBI revamps call centre, to offer 30 banking solutions in 12 languages

Customers can avail services related to accounts, ATM cards and Cheque book, Emergency services (ATM card or digital channel blocking), access to digital products and support, product information, etc

HDFC Bank is now ten times bigger than the crisis-struck Credit Suisse

Along with HDFC Bank, several Indian banks have a higher m-cap than the crisis-struck Swiss bank, including ICICI Bank, SBI, Kotak Mahindra Bank, Axis Bank and IndusInd Bank