The Appointments Committee of the Cabinet on Tuesday (August 6) has approved leadership changes at the State Bank of India (SBI). Challa Sreenivasulu Setty, currently Managing Director of SBI, has been appointed as Chairman of the bank for a period of three years, effective from August 28, 2024, or upon assumption of charge, whichever is […]
Infosys, SBI, Titan, Britannia, JSW Steel and more: Top stocks to watch out for on August 5 – CNBC TV18
SUMMARY Infosys, JSW Steel, Ashoka Buildcon will be among stocks that will be on the radar of investors when markets open on Monday, August 5. 1 / 10 2 / 10 JSW Steel | The firm has submitted a notice to surrender a mining lease for a block in Odisha, citing “uneconomic operation”. Jajang iron […]
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 […]
SBI Q1 earnings preview: Analysts expect slowdown amid declining treasury income – CNBC TV18
State Bank of India (SBI), the largest bank in the country, is set to report its Q1 numbers on Saturday, August 3. Analysts predict a slowdown in earnings momentum both year-on-year and quarter-on-quarter, likely due to a decline in treasury income. This decline might be a temporary anomaly in the earnings trend. A CNBC-TV18 poll […]
Top 20 Indian Stocks to Watch: Comprehensive Investment Analysis for FY24-25
Top 20 Indian Stocks to Watch: Comprehensive Investment Analysis for FY23-24 S tock Comparison Chart Stock Historical Growth P/E Ratio Return on Equity (ROE) Debt-to-Equity Ratio Dividend Yield Market Position Reliance Industries Ltd (RIL) Consistent revenue and profit growth Relatively high High Manageable levels Moderate Diversified; energy, telecom, retail leader Tata Consultancy Services (TCS) Robust […]
Budget 2024: Finance minister’s focus on rural and SME sectors are key to inclusive growth, says SBI Chairman – CNBC TV18
Dinesh Khara, Chairman of the State Bank of India (SBI), in an interview with CNBC-TV18, highlighted that the budget’s major focus is on enhancing productivity, particularly within the rural and SME sectors. Finance Minister Nirmala Sitharaman, on Tuesday, presented the Union Budget 2024, which sparked widespread discussion among economists, business leaders, and policymakers. According to […]