Fri, Feb 09, 2018
SBI had posted a net profit of Rs 1,581.55 crore in Q2FY18 and Rs 2610 crore in Q3FY17.
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Tue, Jan 02, 2018
A total of 28 accounts were identified by the RBI as wilful defaulters of lenders, which are facing heavy stressed assets in their balance sheet.
Mon, Oct 16, 2017
SBI is considered among the most important banks in India. Despite of stress seen in assets during Q1FY18, this bank still has the potential to overcome its NPA issue in coming quarters.
Fri, May 19, 2017
SBI said, The disclosures relating to the divergence for the financial year 2015-16, in respect of provisions made by the bank against non-performing assets dated 18th April 2017 issued by RBI, is not applicable to the Bank.”
Nilesh Parikh, Kunal Shah and Prakhar Agarwal analysts at Edelweiss Financial Services said, "Loan growth to be softer, but NII to be supported by lower funding cost. Incremental stress will likely be curtailed, keeping credit cost within initial guidance."
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