State Bank of India (SBI.NS)
23 May 2013
|Market Cap (Mil.):||Rs1,616,372.00|
|Shares Outstanding (Mil.):||684.03|
KOLKATA - State Bank Of India , the country's largest lender, expects to restructure 50 billion to 60 billion rupees ($0.9-$1.08 billion) of debt in the next three to four months, Chairman Pratip Chaudhuri told reporters on Thursday.
REUTERS - State Bank Of India, the country's largest lender, restructured 80.9 billion rupees in loans in the January-March quarter, far higher than its earlier guidance of 37 billion rupees, a senior executive told Reuters on Thursday.
* Shares fall almost 7 pct after Q4 earnings (Adds details throughout)
* India's main BSE index down 0.09 percent while the broader NSE index falls 0.07 percent as lenders are hit by profit-booking after a strong rally this week. * State Bank of India falls 0.39 percent after gaining almost 5 percent earlier this week. HDFC Bank Ltd and State Bank of India also fall. * Shares in India's cement companies such as Ambuja Cements Ltd and Grasim Industries Ltd gain after a regulatory tribunal decided to continue its hearing on their challenge to price collusions charge
* India's main BSE index gains 0.5 percent, while the broader NSE index is up 0.55 percent, recovering from a more than 2 percent slump on Monday, after wholesale inflation eases much more than expected. * Lenders such as State Bank of India lead gains after India's headline inflation slowed for a third straight month in April to 4.89 percent, a level seen comfortable for the central bank to persist with monetary easing to revive a flagging economy. * SBI shares are up 1.4 percent, while ICICI
May 13 - The following are the historical prime lending rates (PLR) of State Bank of India, ICICI Bank & Standard Chartered Bank. State Bank of India =================== Date Prime Lending Rate (SBAR - State Bank Advance Rate) ---- -------------------------------- 04-Feb-13 14.45 27-Sep-12 14.50 13-Aug-11 14.75 11-Jul-11 14.25 12-May-11 14.0
(Corrects release dates for the consumer price index and wholesale inflation data in the fifth paragraph. The dates had also been reported incorrectly in earlier items.) * India's main share index gains 0.33 percent and the broader NSE index is up 0.3 percent.Ÿ * State Bank of India gains 1.2 percent, up for a second day after state-run banks Punjab National Bank and Union Bank of India Ltd reported a sequential improvement in asset quality for the January-March quarter. * Shares in Maruti Su
Reuters Market Eye - Shares in State Bank of India (SBI) ended 1.6 percent after state-run rivals Punjab National Bank and Union Bank of India Ltd reported a sequential improvement in asset quality for the January-March quarter.
* Shares in State Bank of India (SBI) gain 2.3 percent after state-run rivals Punjab National Bank and Union Bank of India Ltd reported a sequential improvement in asset quality for the January-March quarter. * The results are raising expectations that SBI, India's biggest state-run bank, also saw flat or improving non-performing assets in the previous quarter. * Both Punjab National and Union Bank have a strong positive correlation with SBI's share prices. * PNB shares are up 4.5 percent,
MUMBAI, May 3 - The head of State Bank of India , the country's largest lender, said there was no scope to cut lending rates at the moment, despite the central bank cutting benchmark interest rate by 25 basis points on Friday, the third cut since January.