Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

SBI Reports Record Quarterly Net Profit

SBI Reports Record Quarterly Net Profit

India’s biggest lender State Bank Of India (SBI) reported its highest ever quarterly net profit with a 41% YoY jump to INR 91.14bn ($1.14bn) during its quarter ending-March 2022. The total income of the bank rose to INR 826.13bn ($10.63bn), up 1.6% YoY. SBI’s net...
SBI Reports Record Quarterly Net Profit

SBI Plans to Raise $2bn via Offshore Bonds

India’s state-owned lender State Bank Of India (SBI) plans to raise $2bn by issuing long-term offshore bonds in the current financial year 2022-23. The bond issuance could be under a single deal or multiple tranches through a public offer or private placement of...
SBI Reports Record Quarterly Net Profit

SBI Reports 62% Quarterly Profit Jump

State Bank of India (SBI) reported a 62% jump in its Q3 profits to INR 84bn ($1.1bn), its highest quarterly net profit ever. The bank’s domestic non income margin was at 3.40%, increasing 6bps YoY. Its gross non-performing asset (NPA) ratio declined by 94bp to...
SBI Reports Record Quarterly Net Profit

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...
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