Is it good time to buy SBI shares? – Buy call on State Bank of India with a target price of Rs 537. The current market price of State Bank of India is Rs 508.60.
SBI Share Price
Analyst Recommendations On State Bank Of India
Analyst Recommendations On State Bank Of India
- Maintains ‘buy’ rating; raises price target to Rs 560 apiece from Rs 385.
- Strong NII provision; large buffer built for employee provisioning.
- Asset quality is delivering better outcomes versus even private banks.
- Revises earnings estimates higher by 15-26% and expects RoEs of 14% by FY23.
- Expects material re-rating beyond 1x book.
- Still remains a deep value opportunity and current re-rating should continue.
SBI to Block Internet Banking on Accounts if Mobile Number not Registered
If you are a user of SBI’s internet banking facility, here is a message. SBI account holders have to register their mobile numbers with the bank by 1 December 2018, failing which the bank will block access to their net banking accounts.
Share Forecasted To 2027, Global Healthcare Claims Management Solutions Market Qualitative Insights, Key Enhancement
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Govt Appoints 10 Public Sector Bank Chiefs, SBI CEO
Gold Silver Reports (GSR) – Five of the 10 newly named MDs and CEOs are working as deputy managing directors in SBI. Mahapatra and Chundru will have tenure till the date of their superannuation, i.e. May 31, 2020 and August 31, 2021, respectively, the order issued by the personnel ministry said.
SBI Q4 Results today: SBI Too Will Post Q4 Loss, But How Much?
Gold Silver Reports (GSR) – SBI Q4 Results today: SBI Too Will Post Q4 Loss, But How Much? — Punjab National Bank (PNB) has reported a record Rs13,417-crore loss for the March quarter (Q4). All eyes are now on State Bank of India (SBI), the nation’s largest lender. India’s largest lender State Bank of India (SBI) is seen reporting on Tuesday a quarterly loss for the second time in row. According to a poll of 14 analysts by Bloomberg, the bank is expected to post a Rs1,728 crore loss for the March quarter, or Q4.
SBI Gains After Block Deal; ICICI Bank Holds Gains Amid Block Deal
Gold Silver Reports (GSR) – SBI Gains After Block Deal – Shares of the country’s largest lender rose 1.83 percent to Rs 251. The stock saw 11 shares change hands in a block deal.