Company: State Bank of India Category: IPO Notes

SBI is India’s largest commercial bank with balance sheet size of INR 35tn. It has nearly 22,090 branches on standalone basis. Over the past two years, the bank has increased its focus on retail credit to provide itself the necessary growth momentum and improve spreads.
April 29, 2019, 10:13 a.m.

State Bank of India (SBI) has reported a good set of numbers in 3QFY19. Its NII grew by 21% YoY led by 16% improvement in domestic loan book and 31bps YoY expansion in NIMs.
Feb. 4, 2019, 11:40 a.m.

SBIN earnings have been suppressed over past several years owing to challenges on asset quality, merger issues and adverse rate environment.
Dec. 19, 2018, 11:53 a.m.

State Bank of India (SBI) reported its 2QFY19 results with the key strategic pointers being: (1) For the second consecutive quarter, NPA addition at Rs 108.88bn was lower than past run rate till 4QFY18.
Nov. 6, 2018, 11:22 a.m.

Centrum bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 350 in its research report dated August 13, 2018.
Aug. 20, 2018, 4:44 p.m.

Gross NPA addition was Rs 143.49bn compared with a past-quarter average of Rs 204.42bn. Management re-iterated slippage ratio and credit costs would each be contained within 2%. Of the gross GNPA addition, Rs 43.65bn was due to increase in existing NPA primarily due to devolvement of non-fund exposure.
Aug. 13, 2018, 10:37 a.m.

The Bank has not availed the benefit of RBI dispensation with regard to amortisation of MTM losses and has fully provided MTM loss to the tune of Rs58.9bn in 1QFY19.
Aug. 13, 2018, 9:51 a.m.

State Bank of India: 4QFY18 Result Update
May 23, 2018, 2:10 p.m.

State Bank of India: 4QFY18 Results Update
May 22, 2018, 10:12 a.m.

State Bank of India: 3QFY18 Result Update
Feb. 12, 2018, 11:34 a.m.