401.20+16.65(+4.33%), 15:31:02 Close INR
State Bank Of India Q4 profit rose 18.9 percent to Rs 27,067 crore in Q4FY21 compared to Rs 22,767 crore in the corresponding quarter of last fiscal.
Announced shareholders to get a dividend of Rs 4 per share for the financial year ended March 2021.
Should we invest in SBIN stock for the upcoming session?
Yes, its net interest income rose 19%.
Domestic credit growth stood at 5.67 percent YoY.
The loan book has grown by 6.53 percent YoY, such as home loan 10.51 percent and corporate segment 37.52% booked.
Deposits of saving banks grew by 14.79% and current accounts by 27.36% YoY.
Recommend: Strong Buy
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