sbi stock update

sbi stock target: SBI share price can surge up to Rs 1,000, say bulls after Q4 results

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Brokerages remain bullish on State Bank of India(SBI) after the lender made a swift recovery in earnings reporting a standalone net profit of Rs 20,698 crore in Q4, up 24% YoY. The estimates on the target price for SBI go as high as Rs 1,000. The profit was higher than the Street estimate of Rs … Read more

SBI raises $250 million through green bonds maturing in 2028

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State Bank of India, the country’s largest lender, has raised $250 million through the issuance of green bonds via private placement facilitated through its London branch. The bonds, which have been issued as part of SBI’s $10 billion medium-term note programme, will mature on December 29, 2028, the lender said in a statement. “The successful … Read more