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SBI Q4 Results: Standalone profit rises 6% YoY to Rs 19,684 crore, beats estimates
SBI Q4 Results: State Bank of India reported a 6% year-on-year rise in standalone net profit to Rs 19,684 crore for the fourth quarter, exceeding analyst expectations. The bank also declared a dividend of Rs 17.35 per share. Despite a decline in operating profit, asset quality improved with a lower Gross NPA ratio.
SBI Q4 Results LIVE Updates: All eyes on FY27 guidance, loan, deposit growth picture
SBI Q4 Results LIVE Updates: India's largest lender, State Bank of India is set to report results for the March quarter on Friday, May 8. According to a CNBC-TV18 poll, SBI's Net Interest Income (NII) or core income is likely to grow by 9% from last year to ₹46,487 crore. Its Net profit is likely to grow by 4% from the year-ago quarter to ₹19,455.4 crore. Net Interest Margins are seen stable at 2.9% from 2.8% last year and the previous quarter as well. Watch this space for all the LIVE updates.
SBI to seek board approval for funds; Axis Bank raises $500 mn
State Bank of India’s board will meet on May 12 to consider raising up to $2 billion through long-term foreign currency bonds in FY27 via public offers or private placements. Meanwhile, Axis Bank has secured a $500 million three-year loan from Japan’s MUFG at SOFR plus 85 basis points, with the funds aimed at lending and general business needs.
SBI Q4 FY26 Results Live Updates: State Bank of India among key companies to announce Q4 results today. Check profit, NII and other estimates
Q4 Results Live Updates: SBI, Swiggy, Hyundai And Urban Company To Report Earnings Today
State Bank of India, Titan Company, Hyundai Motor India, Bank of Baroda among companies to report earnings today.
SBI shares in focus ahead of Q4 results; lender set to consider up to $2 billion fundraising plan on May 12
State Bank of India's board will consider a fundraising plan of up to $2 billion on May 12. The bank will also release its Q4 results today, with analysts expecting muted profit growth due to treasury losses, despite stable loan growth and margins. SBI shares have seen significant gains over the past year.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses, hints at gap-down start
Sensex Today | Stock Market LIVE Updates: Brent is back above $100 a barrel. The big trigger of the day though, would be results from India's largest lender, State Bank of India (SBI), and while most banks have already reported results, the lender's guidance on credit and deposit growth for FY27 will be keenly watched by the street.
Q4 Results LIVE Updates: SBI, BoB to round off earnings-heavy week; BSE, Britannia react to numbers
Q4 Results LIVE Updates: Today's earnings session belongs to PSU Banks and platform companies. India's largest lender, State Bank of India, will be reporting results today and the street will keenly await guidance for FY27 from them. Along with SBI, Bank of Baroda, Bank of India will also be reporting numbers today. Among platform companies, Swiggy, Urban Company, Niva Bupa report results today as well. Apart from these companies, there are plenty of other companies reporting numbers and those that will be reacting to their numbers as well. Watch this space for all the Live earnings updates, stock reactions and management commentary.
ECLGS 5.0 to help SBI open ₹70,000–₹80,000 crore credit line: Chairman CS Setty
In a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry amidst ongoing challenges. With an unprecedented allocation of Rs 2.55 lakh crore in extra credit, State Bank of India is gearing up to contribute around Rs 70,000 crore to Rs 80,000 crore.
SBI to lend Rs 80,000 crore more to war-hit companies
In a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry amidst ongoing challenges. With an unprecedented allocation of Rs 2.55 lakh crore in extra credit, State Bank of India is gearing up to contribute around Rs 70,000 crore to Rs 80,000 crore.
Punjab National Bank shares rise after analysts see up to 25% upside on Q4 results, outlook
20 analysts have coverage on PNB, of which 11 have a "buy" rating, four say "hold" and five have a "sell" rating on the state-run lender.
State Bank of India drops for fifth straight session
State Bank of India is quoting at Rs 1064.8, down 0.34% on the day as on 13:19 IST on the NSE. The stock jumped 37.55% in last one year as compared to a 1.39% slide in NIFTY and a 0.85% spurt in the Nifty Bank index.