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STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication regarding dispatch of Annual Report and Notice of 68th AGM
06-06-2023

SBI share price: Experts give 'buy' tag as bank mulls fund raise. Should you buy?

SBI share price has strong support placed at 560 apiece levels, believe stock market experts
06-06-2023
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STATE BANK OF INDIA - 500112 - Board Meeting Intimation for To Seek Approval For Raising Funds During FY 24 Through Private Placement Mode By Way Of Issuance Of Debt Instruments (Including Capital Instruments) In INR And /Or Foreign Currency

STATE BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/06/2023 ,inter alia, to consider and approve To seek approval for raising funds during FY 24 through Private Placement mode by way of issuance of debt instruments (including capital instruments) in INR and /or foreign currency
05-06-2023

SBI to enhance use of AI, ML by deploying NextGen Data Warehouse, Data Lake

SBI on Monday said it has proposed to enhance the use of business analytics and AI/ML in decision-making and operations by deploying NextGen Data Warehouse and Data Lake and exploring new partnerships with fintechs and NBFCs for co-lending. The country's largest lender, in its annual report posted on stock exchanges on Monday, said it deploys the most advanced technologies like artificial intelligence (AI), machine learning (ML) and business analytics, among others, to augment its product offerings to enhance customer delight each time without exception. The bank's standalone net profit during fiscal 2022-23 rose by over 58 per cent to Rs 50,232 crore from Rs 31,676 crore in FY2022. "... the bank has registered significant improvements on the asset quality front, provision coverage ratio, RoE/RoA, NII and NIM, while also giving highest standalone profit in FY2023 by any listed corporate, domestically," State Bank of India (SBI) said. SBI Chairman Dinesh Kumar Khara, in his message
05-06-2023
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