state bank of india

state bank of india's Q4 net profit dipped 9.9% to Rs 18,643 crore due to a one-time pension provision of Rs 7,100 crore following a 50% pension hike. Excluding this, operating profit rose 8.8%. Non-interest income surged 39.4%, driven by treasury gains. Asset quality improved, with gross NPAs below 2% for the first time.

SBI aims to maintain a RoA above 1% in FY26 despite margin pressures from softening interest rates, targeting a RoE over 15%. The bank reported strong FY25 results, with RoA improving to 1.10% and net profit rising 16% to ₹70,901 crore. SBI focuses on asset quality, reducing gross NPAs to 1.82% and net NPAs to 0.47%.

state bank of india's net profit decreased for the fourth quarter. However, Net Interest Income increased. The bank's asset quality improved. Gross NPA and net NPA ratios declined. SBI plans to raise equity capital during fiscal year twenty six. The bank declared a dividend of fifteen rupees ninety paise per share. Operating profit increased compared to the previous year.

Last week, seven of the ten most valuable companies experienced a significant surge in market value, totaling Rs 2.31 lakh crore, driven by a positive equity market performance. Reliance Industries emerged as the top gainer, while TCS, Hindustan Unilever, and Bajaj Finance faced valuation declines. The BSE Sensex rose by 1.62%, reflecting investor optimism amid global uncertainties.

Last week, six of India's top ten most valuable companies experienced a significant surge in their combined market valuation, totaling Rs 1,18,626.24 crore, driven by a broader market rally. TCS emerged as the top gainer, while Bharti Airtel saw the biggest drop in valuation. Reliance Industries retained its position as the most valued company.

Indian equities experienced a significant rebound last week, boosting the combined market capitalization of the top ten companies by Rs 3,84,004.73 crore. HDFC Bank and Bharti Airtel emerged as leading gainers amid positive market sentiment fueled by factors like deferred tariff hikes and hopes for trade negotiations. Reliance Industries retained its top position as India's most valued company.

Stock market today: The benchmark indices Nifty and Sensex remained range-bound and concluded flat on Wednesday amidst high volatility, influenced by heightened geopolitical tensions and selling pressure in Bajaj twins.

, who lost his eyesight as a baby, defied all odds to become a key player in Indian blind football. From a humble farming background in Gujarat, he discovered his passion at the Blind People’s Association, excelling as a defender and midfielder.

Ten-year-old Naksh Kalathiya is mourning the loss of his father, Shailesh, who was killed in the Pahalgam terror attack. Naksh recounted the horrifying experience, stating the attackers wore caps fitted with cameras. Overwhelmed with grief, Naksh expressed his disappointment with the government's failure to protect them.

Shital Kalathiya, wife of slain Surat banker Shailesh Kalathiya, has demanded justice following the Pahalgam terror attack. At her husband's funeral, attended by ministers and a large crowd, she criticized the security arrangements in Jammu and Kashmir. She alleged security forces failed to protect citizens and questioned why VIPs receive preferential treatment while her husband lacked essential security.

Stock market today: The BSE Sensex rose by 187.09 points or 0.24 per cent to close at 79,595.59, after reaching an intraday high of 79,824.30. The NSE Nifty increased by 41.70 points or 0.17 per cent to 24,167.25.

Stock market today: Stock markets continued their positive streak for the seventh consecutive day on Wednesday, with the BSE Sensex gaining 520 points to surpass the 80,000 mark for the first time since December 18.

Indian equity markets witnessed a significant surge, with investors gaining Rs 33.55 lakh crore over six trading sessions. The BSE Sensex closed at 79,595.59, marking nearly an 8% gain since April 9, fueled by continued foreign institutional investor (FII) buying and optimism surrounding India's economic prospects amid global trade dynamics.

A 73-year-old man from Kolkata was allegedly duped of Rs 2.6 lakh by a woman he met on Facebook after a trip to Kashmir. He entrusted her with his handbag containing his debit card, and she purportedly swapped it, making unauthorized withdrawals between April 10 and 14.

Following the RBI's rate cut, SBI has reduced its lending rates by 25 basis points, effective April 15, 2025, to boost economic growth. The RLLR is now 8.25%, and EBLR is 8.65%. Deposit rates have also been trimmed.

The state bank of india (SBI) has released the admit cards for the SBI PO Mains 2025 exam, scheduled for May 5. Eligible candidates can download their call letters from the official website, www.sbi.co.in, using their registration number and date of birth. The admit card includes essential exam details and instructions. Candidates are advised to verify all information and prepare thoroughly for this crucial stage of the SBI PO recruitment process, which leads to group exercises and interviews.

Banking stocks rallied, leading market gains, fueled by anticipated interest rate cuts and positive investor sentiment. IndusInd Bank led the surge, followed by other private and public sector lenders. SBI's lending rate cut and deposit rate reductions across the sector are expected to boost loan demand and credit offtake.