The broking firm however has raised its target price to Rs 1970 from Rs 1850 earlier based on 1. 22 time price to book value and 6. 74 price-earnings multiple …

However, for the full year ended March 31, 2013, net profit grew by 17 per cent to Rs 17,916 crore (Rs 15,343 crore), while operating profit remained almost flat at …

Lower profitability is rendering it difficult for the companies in the segment to service their interest liability. ” Nearly 85-88 per cent of the bank’s total lending to the sector …

SBI Q4 PAT at Rs 3299 crore, first decline in two years NEW DELHI: State Bank of India, the country’s largest lender, posted its first quarterly net profit drop …

Moneycontrol Bureau India’s largest lender – the State Bank of India(SBI) is likely to report 12 percent year-on-year fall in its fourth quarter (January March, FY13) …

Gross non-performing assets have come down to Rs 49,000 crore from the Rs 52,000 crore earlier in Q3 down to 4. 5 per cent from 5. 3% in preceding 3 …

In no other country do we have different regulators for different verticals such as industrial loans, home loans and vehicle loans,” he told newspersons on the sidelines of a banking …

Country’s largest banker, State Bank of India , on Saturday said it would review returns from its foreign and domestic business after margins overseas came under pressure.
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Country’s largest lender State Bank of India (SBI) today said it expects to register a lower loan growth rate of 16 per cent for the current fiscal as the demand …

Have recovered Rs 1000 cr from Kingfisher Airlines: SBIMoneycontrol Bureau Banks have finally started recovering dues from the beleaguered Kingfisher Airlines (KFA) and have as of now …