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SBI posts 9.13% rise in consolidated net profit to ₹16,099 crore in Q2

The country's largest lender SBI on Saturday reported a 9.13 per cent growth in consolidated net pr…

PTI   


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SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3

India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…

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Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…

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Centre authorises SBI to issue, encash electoral bonds between Nov 6 to 20

The Centre has authorised the State Bank of India (SBI) to issue and encash electoral bonds through…

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SBI Q4 results: India’s largest lender posts record quarterly net profit of ₹16,695 crore, up 83% YoY

State Bank of India (SBI) on Thursday posted its highest-ever standalone quarterly net profit of ₹1…

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8 mins read

SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4

Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…

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3 mins read

SBI piles on profit and provision with cash from selling stake in insurance business⁠— bad loans drop

India’s largest lender, the State Bank of India (SBI) continues to soar through the green with a 81…

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SBI Q3 net profit jumps 62% to ₹15,477 crore

The country's largest lender State Bank of India on Friday reported a 62 per cent growth in its net…

PTI   


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The fall in ICICI Bank shares reflects the market’s dislike of banking stocks this week

ICICI Bank’s share price fell by over 4% in early morning trade on Monday. This comes after the ban…

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SBI Card doubles its profit as its customers increase spends by 80% – but FY23 off to a slow start

SBI Card, the second largest credit card issuer in India, reported a 106% year-on-year increase in …

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3 mins read

Sensex, Nifty50 likely to open lower amid mixed global cues: SBI, ITC, Vodafone Idea among stocks in focus

Earlier on Friday, both the benchmark indices closed in the green led by financial services and …

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2 mins read

SBI Card profit gets squeezed by bad loans, impairment charge, and a big provision for COVID-19

SBI Cards and Payment Services today posted its Q4 earnings (January-March 2020), revealing a fall …

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8 mins read

India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts

Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…

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SBI reports ₹8,432 net profit in Q3, a 62% year-on-year increase

Accordingly, the net profit represents an increase of 62.27 per cent rise on YoY basis. The b…

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PSU banks near all time high as analysts expect a rerun of 2004-05 corporate capex cycle

Public sector banks are among the top performers on the stock exchanges with valuations reaching al…

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SBI Cards is down as Carlyle dumps shares but the credit cards business is bouncing back

SBI Cards share price fell by over 4% on Tuesday (September 21) after US-based private equity firm,…

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4 mins read

SBI to ICICI — five banks among top 10 public Indian companies in the Forbes Global 2000 list

Four banks and a finance company made it to the top ten Indian firms in the Forbes Global 2000 list…

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2 mins read

SBI Card Q4 net plunges 66 pc to Rs 84 cr on COVID-19 provisions, rise in expenses

The company, operated under the brand name SBI Card, registered 23 per cent growth in revenues fro…

PTI   


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One in every five rupees lent by SBI to individuals, goes to government employees

That is one in every five rupees lent to individual borrowers goes to people working in the gove…

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India’s largest bank is paying out a dividend for the first time in four years

State Bank of India (SBI), India’s largest public sector bank, is finally paying out a dividend for…