Higher slippages should be looked at in the context of no moratorium, negligible use of restructuring, already improving recoveries.
"Buy the dips as the Nifty is likely to move further . I see the Nifty touching 16,600 in the next 5-7 sessions."
Likhita Chepa expects SBI to post improvement in earnings. She feels the asset quality for the bank is likely to improve going forward.
Adani Enterprises reported a profit of Rs 265.60 crore for the quarter ended on June 30, 2021 on the back of higher revenue from operations.
Fixed maturity plans generally invest in securities with higher credit quality so that credit and liquidity risks are minimal
The SIM binding feature basically follows the 'One Mobile Device – One User – One RMN (registered mobile number)' rule to execute banking transact
SBI has announced 100% waiver on processing fees on home loans until August 31 for all customers
There will be a concession of 5 bps for home loans applied through the bank's one stop YONO App
For 12 months tenure, public sector banks are offering interest rate between 4.8% and 5.2%. The nation's largest lender SBI offers a rate of only 4.4
SBI's multi-option deposit account is the only one in the market to allow this facility of liquidity in fixed deposits