Sensex, Nifty tank 7% as BJP tally surprises Dalal Street
Equity benchmark the BSE Sensex fell 6.8% as of 12:15 pm while the Nifty 50 Index was down as much as 7%.
Equity benchmark the BSE Sensex fell 6.8% as of 12:15 pm while the Nifty 50 Index was down as much as 7%.
SBI’s Q4 profit surged 24% to ₹20,698 cr; net interest income up 3.1% to ₹41,656 crore
SC asks SBI to issue details of parties that received electoral bonds, along with the date and names of purchasers, and denomination
Analysts say Q3 profit saw a one-off drag; believe banking heavyweight’s financials are "healthy” with sustainable credit growth & stable NIM
The U.S. dollar-denominated senior unsecured notes will be part of the India-based bank's $10 billion medium-term note programme.
SBI’s NII surged 12.27% to ₹39,500 cr, while NIM stood at 3.43, down 12 bps YoY
SBI's gross NPA ratio was at 2.76%, down by 115 bps YoY, while the net NPA ratio was recorded at 0.71%, down 29 bps on a year-on-year basis
The funds will be raised by the issue of debt instruments, including Basel III compliant additional tier 1 and tier 2 bonds