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Digital Assets in Capital Market

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SBI Prints $400mn Formosa at 2.496%; First Ever Formosa by an Indian Issuer

SBI’s Q2 Profits Jump 67% to $1bn

India’s largest lender SBI registered its highest quarterly net profit of INR 76.3bn ($1bn) in 2Q2022, a 67% YoY jump. Net interest income was up 10.7% YoY to INR 311bn ($4.2bn) with its net interest margins (NIMs) up 16bp YoY and 35bp QoQ to 3.5%. Loan-loss...
SBI Posts Strong Q1 Results

SBI Posts Strong Q1 Results

State Bank of India (SBI) posted a strong 80% YoY jump in net profits to INR 64.5bn ($885mn) in the quarter ended March. Profits were helped by a drop in contingencies and provisions to INR 110.5bn ($1.5bn) vs. INR 134.9bn ($1.9bn) in the same period last year. Net...
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