Aug 14, 2017 09:32 AM IST
Subsidiaries have dragged down the Q1 earnings for State Bank of India with a major deterioration in the asset quality. In an interview to CNBC-TV18, Rajnish Kumar, MD of SBI spoke about the results and his outlook going forward.
- Aug 10, 2017 05:31 PM IST
Analysts feel lower trend of slippages (Rs 10,368 crore in Q4FY17) will be seen positive. If net interest margin comes above 2.8 percent then that will also be positive.
- Jul 10, 2017 12:43 PM IST
Provisions may witness a slight uptick after the RBI's diktat in June. Positive trends on asset quality will, however, continue with the pace of slippages into NPAs declining for all banks.
- May 22, 2017 01:33 PM IST
Even though clouds of the rise in non-performing assets still looms on SBI, global brokerage firms keep a leap of faith and maintain their buy recommendation.
- May 22, 2017 10:20 AM IST
In an interview to CNBC-TV18, Manish Ostwal, Senior Research Analyst at Nirmal Bang Securities spoke about State Bank of India's Q4 numbers and the performance of the subsidiaries.
- May 22, 2017 10:11 AM IST
In an interview to CNBC-TV18, Arundhati Bhattacharya, Chairman of SBI spoke about the results and the latest happenings.
- May 19, 2017 08:28 PM IST
In the post-earnings press conference, Arundhati Bhattacharya said, “We do expect, we will need to take some pain in FY18 as the resolutions take place but FY19 things will get better.”
- May 19, 2017 05:21 PM IST
The mother ship of the Indian banking industry is navigating very well in turbulent waters. That’s what we conclude after looking at a very decent set of fourth quarter numbers from State Bank of India.
- Feb 13, 2017 03:10 PM IST
Some of the top public sector banks declared their quarterly results last week and senior analyst MB Mahesh of Kotak Institutional Equities says there have not been any major negative surprises. The results were in-line for some banks and better-than- expected for others, he says.
- Feb 13, 2017 08:56 AM IST
Ground work to resolve the nonperforming loans‘ (NPL) issue has been completed but couple of more quarters need to go by before results start showing says, State Bank of India‘s MD-Corp Banking Group B Sriram sharing his outlook on performance in the coming quarters with CNBC-TV18.
- Feb 10, 2017 01:50 PM IST
Beating analyst estimates, country‘s largest lender State Bank of India‘s net profit for the third quarter jumped 134 percent to Rs 2,610 crore from Rs 1,115.34 crore in year-ago quarter.
- Feb 10, 2017 10:18 AM IST
Analysts expect sharp earnings growth on a low base in year-ago quarter and loan growth to fall sharply to 5-6 percent in Q3.
- Feb 01, 2017 08:00 PM IST
SBI associate State Bank of Travancore (SBT) today reported a net loss of Rs 67.76 crore for third quarter ended December due to four-fold jump in bad loans.
- Jan 24, 2017 02:36 PM IST
HDFC Bank profit in third quarter grew by 15 percent to Rs 3,865.3 crore compared with Rs 3,356.84 crore in year-ago period. Net interest income increased 17.5 percent year-on-year to Rs 8,309 crore in the quarter gone by.
- Jan 11, 2017 06:50 PM IST
According to Sanjiv Bhasin of IIFL there is a lot of pessimism around the third quarter earnings but he expects banks to be in a sweet spot.
- Jan 11, 2017 10:27 AM IST
Speaking to CNBC-TV18 Romesh Sobti, MD & CEO of Indusind Bank said that CV sales in November weren‘t as bad as expected. December wasn‘t as bad as forecast.
- Nov 11, 2016 01:00 PM IST
Due to the recent ban on Rs 500 and Rs 1000 currency notes to curb counterfieting and crack down on black money, Agarwalla says MSMEs' business will be severly hurt and could lead to slippages.
- Nov 10, 2016 03:41 PM IST
Country's largest lender State Bank of India (SBI) is likely to show a 30.5 percent degrowth in second quarter profit Rs 2,697 crore compared with year-ago period.
- Oct 26, 2016 12:51 PM IST
In an interview to CNBC-TV18, N Krishnamachari, MD of State Bank of Mysore spoke about the results and his outlook for the company.
- Oct 21, 2016 04:42 PM IST
Net Interest Income is expected to increase by 1.6 percent Q-o-Q (up 2 percent Y-o-Y) to Rs 14537.6 crore, according to KR Choksey.
- Oct 21, 2016 12:14 PM IST
Net Interest Income is expected to increase by 4.5 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 14961.3 crore, according to Centrum.
- Aug 16, 2016 08:52 AM IST
SBI's margins have been impacted due to slippages but are expected to improve with growth in advances, says Chairman Arundhati Bhattacharya.
- Aug 12, 2016 03:34 PM IST
Siddharth Purohit of Angel Broking said that the slippages number has been a positive surprise and this shows that SBI has been able to manage its asset quality and balance sheet better than other PSBs.
- Aug 12, 2016 09:23 AM IST
Nilesh Parikh of Edelweiss Securities expects SBI to report slippages in the range of Rs 15,000-17,000 crore for the quarter ending in June.
- Aug 11, 2016 02:46 PM IST
Key things to watch out for would be slippages, slippages from restructured book, gross non-performing assets, watchlist, net interest margin and update on non-core assets selling.