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State Bank of India (SBI.NS)

SBI.NS on National Stock Exchange of India

283.45INR
10:24am GMT
Change (% chg)

Rs-4.70 (-1.63%)
Prev Close
Rs288.15
Open
Rs285.90
Day's High
Rs288.55
Day's Low
Rs282.50
Volume
12,900,924
Avg. Vol
26,896,798
52-wk High
Rs339.65
52-wk Low
Rs232.35

Latest Key Developments (Source: Significant Developments)

State Bank Of India Approves Allotment Of Debt Instruments Worth 41.16 Bln Rupees
Friday, 2 Nov 2018 

Nov 2 (Reuters) - State Bank of India ::APPROVES ALLOTMENT OF UNSECURED DEBT INSTRUMENTS WORTH 41.16 BILLION RUPEES.  Full Article

State Bank Of India To Consider Raising Basel III Compliant Tier 2 Bonds Upto 50 Bln Rupees
Tuesday, 16 Oct 2018 

Oct 16 (Reuters) - State Bank of India ::TO CONSIDER RAISING OF BASEL III COMPLIANT TIER 2 BONDS UPTO 50 BILLION RUPEES.  Full Article

State Bank Of India Triples Target For Purchase Of Loan Portfolio
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - State Bank of India ::SAYS SBI TRIPLES TARGET FOR PURCHASE OF LOAN PORTFOLIO.SAYS SBI TRIPLES THE TARGET FOR PURCHASE OF LOAN PORTFOLIO.SAYS BANK IS LOOKING FOR OPPORTUNITIES BOTH IN PRIORITY AND NON-PRIORITY SECTORS.AS PER INTERNAL ASSESSMENT, THERE MAY BE AN OPPORTUNITY TO BUY ADDITIONAL PORTFOLIO IN RANGE OF 200 BILLION RUPEES TO 300 BILLION RUPEES.  Full Article

State Bank Of India Appoints Prashant Kumar As CFO
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - State Bank of India ::SAYS APPOINTED PRASHANT KUMAR, DEPUTY MANAGING DIRECTOR, AS CHIEF FINANCIAL OFFICER.  Full Article

State Bank Of India Says Approval To Initiate Process Of Divestment Of Stake In NSE
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - State Bank of India ::ACCORDED APPROVAL TO EXPLORE AND INITIATE PROCESS OF DIVESTMENT UPTO 3.8958 PERCENT STAKE OF CO IN NATIONAL STOCK EXCHANGE OF INDIA.  Full Article

SBI Chairman Expects profit for full-year 2018/19
Friday, 10 Aug 2018 

Aug 10 (Reuters) - State Bank of India Chairman Rajnish Kumar says::EXPECTS TO RECOVER 40 BILLION RUPEES FROM ONE ACCOUNT IN BANKRUPTCY WHEN RESOLVED.IN SEPT QUARTER FURTHER INTEND TO IMPROVE PCR.91 PERCENT OF CORPORATE SLIPPAGES FROM THE WATCH LIST.GOING FORWARD RETAIL SLIPPAGES WILL COME DOWN.LEGACY NPA ACCOUNT PROVISIONS LARGELY TAKEN CARE OF.GROWTH LARGELY COMING FROM RETAIL, BUT HAVE A FAIRLY ROBUST PIPELINE IN CORPORATE LOANS.HAVE EXPOSURE TO JET AIRWAYS, PART OF OUR WATCHLIST.EXPECTS PROFITS IN DEC AND MARCH QUARTERS AND FOR FULL YEAR.  Full Article

State Bank Of India Posts June-Qtr Loss
Friday, 10 Aug 2018 

Aug 10 (Reuters) - State Bank of India ::JUNE QUARTER NET LOSS 48.76 BILLION RUPEES VERSUS PROFIT 20.06 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER NET LOSS WAS 1.71 BILLION RUPEES.JUNE QUARTER INTEREST EARNED 588.13 BILLION RUPEES VERSUS 549.05 BILLION RUPEES LAST YEAR.JUNE QUARTER GROSS NPA 10.69 PERCENT VERSUS 10.91 PERCENT PREVIOUS QUARTER.JUNE QUARTER PROVISIONS AND CONTINGENCIES 192.28 BILLION RUPEES VERSUS 89.29 BILLION RUPEES LAST YEAR.JUNE QUARTER NET NPA 5.29 PERCENT VERSUS 5.73 PERCENT PREVIOUS QUARTER.JUNE QUARTER PROVISIONS FOR NPAS 130.38 BILLION RUPEES VERSUS 121.25 BILLION RUPEES LAST YEAR.SAYS PROVISION COVERAGE RATIO AS ON JUNE 30, 2018 WAS 69.25 PERCENT.BANK HAS RECOGNIZED THE ENTIRE NET MARK TO MARKET LOSS ON INVESTMENTS OF 58.93 BILLION RUPEES IN THE CURRENT QUARTER.  Full Article

State Bank Of India Gets ECCB Approval For Sale of Stake in SBI General lnsurance Co
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - State Bank of India ::GETS APPROVAL OF ECCB TO EXPLORE AND INITIATE PROCESS OF DIVESTMENT UPTO 4% OF STATE OF SBI IN SBI GENERAL INSURANCE COMPANY.  Full Article

State Bank Of India Says SBI YONO To Integrate With Reliance MyJio Platform
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - State Bank of India ::STATE BANK OF INDIA SAYS MOU SIGNED BETWEEN SBI AND RELIANCE INDUSTRIES LIMITED.SBI YONO TO INTEGRATE WITH RELIANCE MYJIO PLATFORM.  Full Article

SBI Says Debt Syndication Offered By SBICap Discontinued
Tuesday, 31 Jul 2018 

July 31 (Reuters) - State Bank of India ::RESTRUCTURING OF PROJECT ADVISORY AND STRUCTURED FINANCE (PASF) AND EXECUTION OF MOU BETWEEN SBI & SBICAP.ACTIVITIES LIKE DEBT SYNDICATION AND DEBT RESOLUTION MANDATES TAKEN FROM PRIVATE SECTOR COS OFFERED BY PASF, SBICAPS, ARE DISCONTINUED.MOVE IN VIEW OF DUPLICATION OF PROCESSES RESULTING IN DELAYS AND CERTAIN REGULATORY CONCERNS.  Full Article

Indian shares fall as cenbank steps seen as long term

Nov 20 Indian shares fell on Tuesday in line with weakness in broader Asia and after the outcome of the central bank board's meet to boost lending failed to impress investors, amid expectations the implementation of the proposed measures will take time.