The nation’s largest lender, State Bank of India (SBI), posted decent results in the second quarter, with reported earnings topping street estimates by a mile. A drop of around 22% year-on-year (year-on-year) in total loan loss provisions caused a 52% jump in net profit to ₹4,574.16 million rupees, which exceeded …
Read More »SBI Second Quarter Results: SBI Records Second Quarter Profit Increase 52% As Provisions for Bad Loans Fall | India Business News
BENGALURU: State Bank of India (OSE), the nation’s largest lender by assets, posted a 52% rise in second-quarter earnings on Wednesday, helped by higher revenues from its treasury operations and a drop in loan loss provisions. The results come as consumer demand recovers during the Indian holiday season, although regulatory …
Read More »SBI Q2 Result: Earnings Increase 52% YoY to Rs 4,574 CR; improves asset quality
The independent net profit for the September quarter (Q2FY21) of the State Bank of India (SBI) increased 52 percent year-on-year to Rs 4,574.16 crore as the lender’s provisions decreased during the quarter. In comparison, it had made a net profit of Rs 3,011.7 crore during the corresponding quarter of fiscal …
Read More »SBI net income increases to ₹ 4,574 crore in the second quarter
India’s largest bank, State Bank of India (SBI) today reported a net profit of ₹ ₹4,574 crore in the September quarter compared to ₹3011 crore in the same period of the previous year. It reported a net default of 1.59% of total assets compared to 2.79% in the same quarter …
Read More »SBI Clerk 2020 preliminary result declared; check here for direct link
State Bank of India (SBI) has declared today, October 21, the result of the 2020 Junior Secretary or Associate Preliminary Examination. All candidates who applied for the Secretary Recruitment Preliminary Exam can check their result on the website official, sbi.co.in. All candidates who have passed the exam are now eligible …
Read More »SBI Mortgage Loan Rates: SBI Announces Grant of Up to 25 Bps on Home Loan Rates | India Business News
MUMBAI: State Bank of India, the country’s largest lender, announced on Wednesday a concession of up to 25 basis points (bps) on its home loan rates. With this, OSEClients would earn an interest concession of 25 basis points on a home loan of more than Rs 75 lakh, based on …
Read More »SBI Clerk presents 2020 preliminary results on sbi.co.in, here is a direct link to check – education
SBI Clerk 2020 Preliminary Results: The State Bank of India (SBI) announced the preliminary results of the SBI Clerk 2020 on its official website on Tuesday. Candidates who appeared in the SBI Clerk 2020 Preliminary Exam can check their result online at sbi.co.in/careers. Direct link to verify the result of …
Read More »SBI, Reliance, HDFC Bank Bajaj Finance, TCS
Here is a list of the top ten stocks that may appear in the news on Wednesday: State Bank of India: The government appointed Dinesh Kumar Khara as SBI president on Tuesday, and Rajnish Kumar resigned at the end of his three-year term. The Board of Banks Bureau had recommended …
Read More »5 things you should know about him
Dinesh Kumar Khara, Managing Director of the State Bank of India (SBI), takes over as Chairman of SBI effective today. On Tuesday, the government appointed Dinesh Kumar Khara president of the bank for three years starting on October 7. He replaced the president of the SBI, Rajnish Kumar, whose three-year …
Read More »Government appoints Dinesh Kumar Khara as SBI Chairman for 3 years
New Delhi: On Tuesday, the government appointed Dinesh Kumar Khara chairman of the State Bank of India for three years from October 7. The nation’s largest lender, SBI, is run by a president with four CEOs to help. Khara will replace SBI Chairman Rajnish Kumar, whose three-year term ends on …
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