Feb 6, 2025 7:52 AM IST SBI Q3 Results Live: Key things to watch out for – Deposit growth to be lower than system growth year-on-year – Advances growth to remain healthy – NIM can come under pressure YOY, but increase QOQ – Opex to remain low, which can aid operating profit growth – Slippages […]
SBI’s stressed loans aren’t as bad as feared – CNBC TV18
State Bank of India (SBI), India’s largest lender, has reported better-than-expected results for the September quarter, with its stressed loan portfolio showing signs of resilience. Despite concerns surrounding the performance of unsecured loans, the bank’s financials reflect stability. This is driven by effective asset quality management and prudent lending strategies. Stable financials amid concerns SBI’s […]
Write back of earlier provisions lightens SBI’s wage bill in September quarter – CNBC TV18
State Bank of India—the country’s largest lender—witnessed its wage bill for the September quarter decline by 22% to ₹14,807 crore. That was the lowest employee cost for the bank in absolute terms over the last eight quarters. Further, the double-digit drop in employee cost is also the biggest since June 2008. As of September end, […]
Discouraging retail play in F&O may help banks garner deposits: SBI’s Dinesh Khara – CNBC TV18
Regulatory moves discouraging retail investors’ derivative market bets may help the banking system garner the much-needed deposits, SBI Chairman Dinesh Kumar Khara has said. Khara said the budget announcements like the tweaks on the short-term and long-term capital gains will not lead to much gains from a deposit accretion perspective. “F&O (future and options) kind […]