SBI shares gain as Q2 results beat expectations. Can the PSU stock hit ₹1,000 mark anytime soon?
SBI share price outlook: State Bank of India reported a Q2 net profit of ₹20,160 crore, a 10% increase year-on-year, driven by strong credit growth and a stake sale in Yes Bank. Asset quality improved, with gross NPAs declining to 1.73%. The bank raised its credit growth forecast to 12-14%.
SBI share price outlook: State Bank of India reported a Q2 net profit of ₹20,160 crore, a 10% increase year-on-year, driven by strong credit growth and a stake sale in Yes Bank. Asset quality improved, with gross NPAs declining to 1.73%. The bank raised its credit growth forecast to 12-14%.
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