STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Investor meeting arranged by Kotak Securities06-02-2024
06-02-2024
STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of financial results for Q3FY24.06-02-2024
STATE BANK OF INDIA - 500112 - Board Meeting Outcome for Update On Acquisition On The Entire Stake Of SBICAP Ventures Ltd. By SBI
Update on acquisition06-02-2024
Brokerages remain upbeat on SBI despite lackluster Q3 earnings. Here's why
Among foreign brokerages, Jefferies and Nomura have reiterated their buy stance on SBI stock while in the domestic pack, Kotak Institutional Equities and Nuvama retained their buy views.05-02-2024
Q3FY24 Quarterly & 9MFY24 Result Announced for State Bank of India
State Bank of India announced Q3FY24 & 9MFY24 results: Profitability: Net Profit for 9MFY24 at Rs 40,378 crore improved by 20.40% over 9MFY23 (Rs 33,538 crore). Net Profit for Q3FY24 at Rs 9,164 crore after accounting for one-time exceptional item of Rs 7,100 crore. Operating Profit for Q3FY24 is at Rs 20,336 crore. Bank’s ROA and ROE for 9MFY24 stand at 0.94% and 19.47% respectively. ROA for Q3FY24 is at 0.62%. Net Interest Income (NII) for Q3FY24 increased by 4.59% YoY. Whole Bank NIM for 9MFY24 decreased by 1 bp YoY to 3.28% while Domestic NIM for 9MFY24 decreased by 8 bps YoY to 3.41% Balance Sheet: Credit growth at 14.38% YoY with Domestic Advances growing by 14.47% YoY. Corporate Advances and SME Advances cross Rs 10 lakh crore and 4 lakh crore respectively. Foreign Offices’ Advances grew by 13.90% YoY. Domestic Advances growth driven by SME Advances (19.24% YoY) followed by Agri Advances which grew by 18.12% YoY. Retail Personal Advances and Corporate loans registered YoY growth of 15.28% and 10.71% respectively. Whole Bank Deposits grew at 13.02% YoY, out of which CASA Deposit grew by 4.48% YoY. CASA ratio stands at 41.18% as on 31st December 23. Asset Quality: Gross NPA ratio at 2.42% improved by 72 bps YoY. Net NPA ratio at 0.64% improved by 13 bps YoY. PCR (Incl. AUCA) stands at 91.49%. Provision Coverage Ratio (PCR) at 74.17% declined by 195 bps YoY. Slippage Ratio for 9MFY24 improved by 5 bps YoY and stands at 0.67%. Slippage Ratio for Q3FY24 increased by 17 bps YoY and stands at 0.58%. Credit Cost for Q3FY24 remained flat YoY at 0.21%. Capital Adequacy: Capital Adequacy Ratio (CAR) as at the end of Q3FY24 stands at 13.05%. Alternate Channels: Share of Alternate Channels in total transactions increased from ~97.2% in 9MFY23 to ~97.7% in 9MFY24. Result PDF05-02-2024
State Bank of India Q&A of Earnings Call for Q3FY24
Conference Call with State Bank of India Q&A; with Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: Dinesh Khara05-02-2024
SBI Says Wage Hike Provisions To Reach Rs 26,000 Crore By March
The wage hike impact will shave as much as Rs 25,990 crore off the bank's profit by the end of March.04-02-2024
STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Analysts meet audio recording link.03-02-2024
STATE BANK OF INDIA - 500112 - Statement Of Deviation & Variation-31/12/2023
Statement of deviation & variation-31/12/202303-02-2024
STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Investor Presentation
Analyst Meet Presentation - Q3FY2403-02-2024