Khara, however, said that policy measures and the coordinated efforts of the Reserve Bank of India (RBI) and the Centre were directed towards enabling growth on a more durable basis during these difficult times.
SBI’s net interest income (NII) and net profit reported y-o-y growths of 19% and 80% respectively during the fourth quarter of 2020-21. Improvements in provision coverage ratio and capital adequacy ratio are the other positive factors that have made the bank a favourite of analysts.
Read more about SBI rallies 9% in 2 days post Q4 results; brokerages bullish on stock on Business Standard. Total slippages and restructuring for FY21 were at Rs 46,416 crore, within the guidance of Rs 60,000 crore