Buy State Bank of India; target of Rs 770: Prabhudas Lilladher
Prabhudas Lilladher is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 770 in its research report dated August 05, 2023.07-08-2023
07-08-2023
Q1FY24 Quarterly Result Announced for Bank of India
Bank of India announced Q1FY24 results: Net profit increased by 176% YoY to Rs 1,551 crore Operating profit increased by 72% YoY to Rs 3,752 crore Net interest income increased by 45% YoY to Rs 5,915 crore NIM (Global) improved by 49 bps YoY. Yield on advances (Dom.) improved by 157 bps YoY. Gross NPA ratio down by 263 bps YoY. Net NPA ratio down by 56 bps YoY. Provision coverage ratio (PCR) improved by 156 bps YoY. CRAR stood at 15.60%, with CET-1 ratio at 13.02%. Global business crossed the 12 lakh crore mark, increasing by 8.61%. Global deposits increased by 8.71% YoY. Gross advances increased by 8.48% YoY. RAM advances grew by 11.75% YoY and it constitutes 55.39% of advances. Retail credit grew by 15.05% YoY. Agriculture credit grew by 10.10% YoY. MSME credit grew by 9.19% YoY. CASA deposits increased by 7.56% YoY and CASA ratio at 44.52%. Result PDF07-08-2023
BANK OF INDIA - 532149 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Q1 FY 2023-24 Earnings conference call with Analysts/Investors-Transcript.05-08-2023
State Bank of India Q1 results: Here are the five key highlights
SBI Q1 Results: Country's largest state-owned lender in April-June quarter reported a 178 percent rise in net profit to Rs 16,884 crore.04-08-2023
BANK OF INDIA - 532149 - Investor/Analyst Meet On 03.08.2023
Investor/Analyst meet on 03.08.202303-08-2023
Central Bank trades flat post appointment of new Chief Risk Officer
Central Bank of India stock has given a return of 7.18 percent over the last six months.03-08-2023
BANK OF INDIA - 532149 - Investor/Analyst Meet On 01.08.2023
Investor/Analyst meet on 01.08.202301-08-2023
BANK OF INDIA - 532149 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of Share Certificate01-08-2023
BANK OF INDIA - 532149 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
First Quarter ended 30th June, 2023 Earnings Conference Call with Analysts/Investors-Audio Recording.31-07-2023
BANK OF INDIA - 532149 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Copies of Newspaper Advertisement of Unaudited(Reviewed) Financial Results for the First Quarter ended 30th June,2023.31-07-2023