SBI likely to raise up to Rs 5,000 crore via AT-1 bonds soon
17 hours ago · Representative Image. State Bank of India is likely to raise up to Rs 5,000 crore through the issuance of additional tier-1 (AT-1) bonds next week as the country’s largest mass lender looks to boost its core equity capital amid strong demand for credit in the economy. “The exact quantum is yet to be finalised but based on latest discussions ...
SBI Q4 Results Live Update: SBI posts higher-than-expected PAT …
May 9, 2024 · SBI Q4 Results Live Update: PAT jumps 24% YoY to Rs 20,698 crore, beats estimates. On Thursday, State Bank of India (SBI) disclosed a standalone net profit of Rs 20,698 crore for the quarter concluding on March 31, 2024, indicating a 24% year-on-year surge from Rs 16,694 crore reported in the corresponding period last year.
After taking haircut, SBI to invest in defaulter Supreme Infrastructure
Sep 25, 2024 · SBI, India’s largest bank, has proposed to invest Rs 24.33 crore in SIIL’s preferential allotment, acquiring 28.55 lakh shares at Rs 85.23 per share, giving the bank an equity stake of 2.08 per cent stake in the company, according to exchange filings.
India's SBI forecasts steady credit growth after qtrly profit beat
MUMBAI/BENGALURU, May 9 (Reuters) - State Bank of India (SBI.NS) on Thursday reported record fourth-quarter profit that beat estimates on strong loan demand, and forecast credit growth for the...
India's SBI aims to sell its Yes Bank stake worth $2.2 bln by end …
MUMBAI, Aug 13 (Reuters) - State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees ($2.2 billion)...
Nomura on SBI: SBI is Nomura's top pick, says PSB well set to …
6 days ago · Nomura on SBI: Analysts at Tokyo-based brokerage firm Nomura have identified the State Bank of India (SBI) as their top pick among banks, noting that SBI is well-positioned to navigate medium-term challenges facing the banking sector. According to Param Subramanian, Ankit Bihani, Ajit Kumar, and ...
SBI Q4 profit zooms 83% to Rs 16,695 cr; bank declares dividend …
May 18, 2023 · India’s biggest public sector lender State Bank of India (SBI) on Thursday reported an 83 per cent rise in its standalone net profit to Rs 16,694.51 crore in the January-March quarter.
SBI News - The Economic Times
Oct 1, 2024 · Key stocks in focus include IRCTC, Patanjali Foods, SBI Cards, BLS International, and Tata Power due to various developments. LIC increased its stake in IRCTC to 9.3%, while SBI Cards plans to raise Rs 5,000 crore.
State Bank of India first-quarter profit nearly triples to all-time ...
MUMBAI/BENGALURU, Aug 4 (Reuters) - State Bank of India (SBI.NS), the country's largest lender, on Friday reported a near three-fold jump in first-quarter profit, led by a surge in net interest...
SBI may raise up to Rs 5,000 crore via AT-1 bonds to
4 hours ago · SBI bonds, which carry a 15-year tenor with a call option after 10 years, received bids over three times the base issue size of Rs 4,000 crore. ... Reproduction of news articles, photos, videos or ...