Sbi Q3
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Economy Likely To Grow At 5.8% In Q3 Of 2021-22: Report
The country's gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI's research report - Ecowrap.
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State Bank Hits Life-time High Post December Quarter Results
SBI's asset quality saw an improvement as its gross non-performing assets (NPAs) as a percentage of total advances came in at 4.77 per cent during the December quarter
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SBI Profit Declines 7% To Rs 5,196 Crore In December Quarter; Asset Quality Improves
SBI's net NPAs, as a percentage of total advances, improved to 1.23 per cent from 1.59 per cent in the previous quarter.
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Markets Trade Flat Post Economic Survey, SBI Jumps 2% After Q3 Results
The European and Asian indices are trading mixed this afternoon. The CAC and DAX are marginally higher in early trades, whereas FTSE is open lower. On the Asian front, Nikkei and Taiwan are higher by more than half a per cent, while Straits Times, Hang Seng and Kospi have lost in the region of 1 per cent each.
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State Bank Of India Posts Biggest Quarterly Profit In Nearly 7 Years
State Bank Of India Q3 Report: SBI saw its gross bad loans as a percentage of total loans ease to 8.71 per cent at end-December.
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SBI Sets Aside Rs 700 Crore In Q3 For Wage Hike Of Over 2.5 Lakh Staff
SBI reported a net loss of Rs 2,416 crore for the three months ending December 31, due to higher provisions and lower trading income.
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State Bank of India (SBI) Posts Surprise Loss In December Quarter
Analysts on average had expected a profit of Rs 2,067 crore, Thomson Reuters Eikon data showed.
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Merger Benefits To Accrue Only From Q3 2017-18: SBI
The combined employee strength of SBI after the merger will be 270,000, including 70,000 employees of the five associate banks.
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SBI Q3 Net Profit Doubles, 1st Rise In Five Quarters
Standalone net profit, not including contributions from subsidiaries or associates, more than doubled to Rs 2,601 crore for the third quarter, versus Rs 1,115 crore a year ago.
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SBI Q3 Net Rises 134% To Rs 2,610 Crore, Beats Estimates
Terming SBI's results as 'decent', Gaurang Shah of Geojit BNP Paribas said he remains positive on the bank's shares.
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SBI Q3 Net Likely To Get A Boost From Treasury Gains, Shares Jump
Analysts expect SBI's non-interest income, which includes treasure gains from its bond holding as a part of SLR requirement, to jump 56 per cent in Q3.
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Next Round Of Capital Infusion In State-Run Banks After Q3 Results: Report
The government has set parameters for public sector banks for receiving capital support and only those lenders which fulfil the criteria post-third quarter earnings would be eligible for funds.
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SBI Sees Bad Loan Pressure Persisting as Profit Sinks
SBI added about Rs 20,700 crore of bad loans during the quarter, taking gross bad loans to 5.1 per cent of total loans.
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State Bank of India Q3 Profit Slumps 62% on Higher Bad Loans
SBI's profitability was hit because of a 60 per cent rise in provisions for bad loans. SBI set aside Rs 7,645 crore for non-performing loans, which soared 28 per cent sequentially to Rs 72,792 crore in the December quarter.
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Economic Data, Q3 Earnings to Set Market Tone: Experts
Macroeconomic data will dictate market movement during the week starting February 8, according to experts. Also, blue-chips State Bank of India (SBI) and Oil & Natural Gas Corp (ONGC) are lined up to release their third quarter earnings during the week.
-
Economy Likely To Grow At 5.8% In Q3 Of 2021-22: Report
The country's gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI's research report - Ecowrap.
-
State Bank Hits Life-time High Post December Quarter Results
SBI's asset quality saw an improvement as its gross non-performing assets (NPAs) as a percentage of total advances came in at 4.77 per cent during the December quarter
-
SBI Profit Declines 7% To Rs 5,196 Crore In December Quarter; Asset Quality Improves
SBI's net NPAs, as a percentage of total advances, improved to 1.23 per cent from 1.59 per cent in the previous quarter.
-
Markets Trade Flat Post Economic Survey, SBI Jumps 2% After Q3 Results
The European and Asian indices are trading mixed this afternoon. The CAC and DAX are marginally higher in early trades, whereas FTSE is open lower. On the Asian front, Nikkei and Taiwan are higher by more than half a per cent, while Straits Times, Hang Seng and Kospi have lost in the region of 1 per cent each.
-
State Bank Of India Posts Biggest Quarterly Profit In Nearly 7 Years
State Bank Of India Q3 Report: SBI saw its gross bad loans as a percentage of total loans ease to 8.71 per cent at end-December.
-
SBI Sets Aside Rs 700 Crore In Q3 For Wage Hike Of Over 2.5 Lakh Staff
SBI reported a net loss of Rs 2,416 crore for the three months ending December 31, due to higher provisions and lower trading income.
-
State Bank of India (SBI) Posts Surprise Loss In December Quarter
Analysts on average had expected a profit of Rs 2,067 crore, Thomson Reuters Eikon data showed.
-
Merger Benefits To Accrue Only From Q3 2017-18: SBI
The combined employee strength of SBI after the merger will be 270,000, including 70,000 employees of the five associate banks.
-
SBI Q3 Net Profit Doubles, 1st Rise In Five Quarters
Standalone net profit, not including contributions from subsidiaries or associates, more than doubled to Rs 2,601 crore for the third quarter, versus Rs 1,115 crore a year ago.
-
SBI Q3 Net Rises 134% To Rs 2,610 Crore, Beats Estimates
Terming SBI's results as 'decent', Gaurang Shah of Geojit BNP Paribas said he remains positive on the bank's shares.
-
SBI Q3 Net Likely To Get A Boost From Treasury Gains, Shares Jump
Analysts expect SBI's non-interest income, which includes treasure gains from its bond holding as a part of SLR requirement, to jump 56 per cent in Q3.
-
Next Round Of Capital Infusion In State-Run Banks After Q3 Results: Report
The government has set parameters for public sector banks for receiving capital support and only those lenders which fulfil the criteria post-third quarter earnings would be eligible for funds.
-
SBI Sees Bad Loan Pressure Persisting as Profit Sinks
SBI added about Rs 20,700 crore of bad loans during the quarter, taking gross bad loans to 5.1 per cent of total loans.
-
State Bank of India Q3 Profit Slumps 62% on Higher Bad Loans
SBI's profitability was hit because of a 60 per cent rise in provisions for bad loans. SBI set aside Rs 7,645 crore for non-performing loans, which soared 28 per cent sequentially to Rs 72,792 crore in the December quarter.
-
Economic Data, Q3 Earnings to Set Market Tone: Experts
Macroeconomic data will dictate market movement during the week starting February 8, according to experts. Also, blue-chips State Bank of India (SBI) and Oil & Natural Gas Corp (ONGC) are lined up to release their third quarter earnings during the week.
