'I believe those...': What SBI chief Dinesh Khara said about Goldman Sachs' downgrade
Khara sees the national lender clocking 14–15 per cent growth in FY25 backed by faster loan draw downs and positive sentiments.
Source: businesstoday.in
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Why are mutual funds desperately buying PSU stocks? 3 revealing charts
PSU shares: SBI, BPCL, Bank of Baroda, ONGC, IOCL and Bharat Electronics have seen a decrease in positioning over the last few years. They can see resumption in buying interest, Elara said.
Source: businesstoday.in
SBI shares hit record high: Price targets, valuation, technicals and more
SBI share price today: SBI shares rose 2.01% intraday to Rs 758.70 on the BSE. Market cap of the bank climbed to Rs 6.75 lakh crore.
Source: businesstoday.in
State Bank of India Q3 may see wage revision provisioning; what Nomura India says on PSU bank shares
SBI share price target: Nomura maintained its stock price target of Rs 665 on State Bank of India. The wage revision would be effective from Nov 2022 and lenders would make retrospective adjustments to their wage bills in wage provisioning.
Source: businesstoday.in
SBI shares rise 22% from 52-week low; where is the banking stock headed?
SBI share price today: SBI shares rose 2.80% intraday to Rs 611.35 on the BSE. Market cap of the bank climbed to Rs 5.43 lakh crore.
Source: businesstoday.in