Edition:
India

State Bank of India (SBI.BO)

SBI.BO on Bombay Stock Exchange

239.20INR
18 May 2018
Change (% chg)

Rs-4.10 (-1.69%)
Prev Close
Rs243.30
Open
Rs242.90
Day's High
Rs243.90
Day's Low
Rs237.85
Volume
2,252,912
Avg. Vol
1,903,342
52-wk High
Rs351.50
52-wk Low
Rs232.00

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Tue, May 22 2018

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State Bank of India sees rebound after record $1.1 billion fourth-quarter loss

MUMBAI State Bank of India (SBI) projected a recovery over the next two years after a record 77.18 billion-rupee ($1.13 billion) fourth-quarter net loss following stricter central bank rules around bad loans, sending its shares to a nearly six-week closing high.

UPDATE 3-State Bank of India sees rebound after record $1.1 bln Q4 loss

* Shares close end 4 pct higher on hopes bank turns corner (Adds Chairman comment, details on guidance)

Sensex, Nifty close slightly higher; SBI, Dr. Reddy's gain

Indian shares ended slightly higher on Tuesday, driven by gains in Dr. Reddy's Laboratories Ltd and State Bank of India (SBI) following their quarterly results.

Indian shares close slightly higher; SBI, Dr.Reddy's gain on Q4 results

May 22 Indian shares ended slightly higher on Tuesday, driven by gains in Dr. Reddy's Laboratories Ltd and State Bank of India (SBI) following their quarterly results.

BUZZ-India's SBI sees best day since Nov 2017 despite record qtrly loss

** State Bank of India (SBI) surges as much as 6.2 pct to 259.70 rupees, its highest in over a month

UPDATE 1-State Bank of India posts record quarterly loss after central bank rule change

* SBI reports loss of $1.13 bln, far beyond analyst estimates

State Bank of India posts $1.1 bln Q4 loss, misses estimates

May 22 State Bank of India (SBI) posted a fourth-quarter net loss of 77.18 billion rupees ($1.13 billion) on Tuesday, hurt by higher provisions for bad loans.

BRIEF-State Bank Of India Posts March Qtr Standalone Loss

* CONSENSUS FORECAST FOR MARCH QUARTER STANDALONE LOSS WAS 12.85 BILLION RUPEES

BRIEF-State Bank Of India Keeps Lending Rates Under MCLR Unchanged In May

* KEEPS LENDING RATES UNDER MCLR UNCHANGED IN MAY Source text for Eikon: https://bit.ly/2hfLVQS

BRIEF-Bemco Hydraulics To Discontinue Banking Facilities With SBI

* SAYS CO DECIDED TO DISCONTINUE THE BANKING FACILITIES / CONSORTIUM WITH STATE BANK OF INDIA

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