State Bank of India

NSE: SBIN | BSE: 500112 | ISIN: INE062A01020 | Industry: Banks
| Strong Performer

862.35
0.94%
Motilal Oswal
SBIN reported another strong quarter, with PAT up 62% YoY to INR84.3b (4% beat), aided by steady NII growth and controlled provisions, as asset quality showed remarkable strength. GNPA/NNPA ratio improved by 40bp/18bp QoQ to 4.5%/1.3% as slippages subsided to INR25.8b (37bp annualized). Restructured book...
State Bank of India has an average target of 958.08 from 13 brokers.
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