SBI Archives - StockEasyNow

Today is the second day of bidding for the Bansal Wire IPO: Should you purchase or not? Check the GMP, critical dates, subscription status, and other information.

Ratnavali4 days ago06 mins

Bansal Wire IPO subscription status: On the first day of bidding yesterday, Wednesday, July 3, the initial public offering (IPO) of steel wire maker Bansal Wire Industries Ltd got off to a strong start with a large number of subscriptions from retail and non-institutional investors. According to BSE data, the subscription status of Bansal Wire…

SBI stocks increase as the board approves raising to Rs 20,000 crore

Ratnavali3 weeks ago03 mins

SBI stocks: Shares of State Bank of India (SBI) were trading over a percent higher in the afternoon session after the board of the state-owned lender approved raising Rs 20,000 crore through a public issue or private placement of long-term bonds in FY25. SBI shares rose by 1.23% to Rs 855, up from the previous…

SBI Q4 results: stock up 3% and profit up 24% to Rs 20,698 crore

Ratnavali2 months ago03 mins

SBI Q4 results: On Thursday, the State Bank of India (SBI), India’s foremost lender by assets, unveiled a significant uptick in its fourth-quarter (Q4 FY24) profit, marking a notable 23.98% surge to Rs 20,698 crore from Rs 16,695 crore recorded a year earlier. During the quarter under review, the bank’s interest earned saw a robust…

SBI Card Q4 results: Total revenue increases 14% while profit jumps 11% to Rs 662 cr

Ratnavali2 months ago2 months ago03 mins

SBI Card Q4 results: Payment Services and SBI Cards declared an 11.05 percent increase in its net profit for Q4 FY24, reaching Rs 662.37 crore. In the same quarter of the previous fiscal year (2022-23), SBI Card recorded a profit of Rs 596 crore. Total revenue saw a 14 percent uptick to Rs 4,475 crore…

SBI shares worth ₹500 bought in 1994 yielded a windfall for a family, igniting a social media frenzy

Ratnavali3 months ago3 months ago03 mins

SBI shares: In a captivating narrative of overlooked investments resurfacing, a family’s surprising revelation of long-forgotten State Bank of India (SBI) shares has captured attention on social media. Dr. Tanmay Motiwala, a user on platform X(Twitter), recounted the fascinating tale of his grandparents’ ₹500 investment in SBI shares three decades ago and its current substantial…

Electoral bonds: SC to hear SBI’s plea seeking an extension of time for sharing details on March 11

Ratnavali4 months ago1 month ago05 mins

Electoral bonds: A constitution bench comprising five judges, led by Chief Justice of India D Y Chandrachud, will also consider a contempt plea filed by ADR, which accuses the State Bank of India of intentionally prolonging proceedings. On March 11, the Supreme Court is set to review an application submitted by the State Bank of…

YES Bank Shares: SBI to sell Rs 5-7K crore shares, report says; stock reacts.

9planetswebs5 months ago04 mins

YES Bank Shares: According to sources, SBI may be trying to sell Rs 5,000-7,000 crore of YES Bank shares in a block deal. According to the article, SBI may avoid equity dilution if Youth Enterprise Scheme Bank shares are sold on the open market to meet capital needs. Shares of YES Bank Ltd remained relatively…

SBI Q3 preview: High wage bill to impact net profit; anticipate muted NII growth.

9planetswebs5 months ago5 months ago06 mins

SBI Q3 preview: Nomura predicts a significant 26% year-on-year decline in core operating profit for the third quarter. Key factors to watch include discussions on unsecured loan growth, capital adequacy, and the momentum of the loan book. SBI is expected to report subdued earnings in the third quarter, primarily attributed to increased operating expenses resulting…