State Bank of India bets on private capex to grow corporate credit

https://youtube.com/shorts/HGH_QBo9mJE?si=SYuu9eZKKkKm6EgT 

https://youtube.com/shorts/7sdsiH39Cgk?si=2QsgXq6rjoic8gok

  • SBI's total domestic advances were 28 trillion rupees as of June 30.
    • Over 80% of SBI's retail loans are to its salary-account holders, giving it greater visibility on a borrower's cash flow
    • At 14.56%, SBI is adequately capitalised, adding SBI will ensure capital is not a constraint to supporting balance sheet growth.
  • Analysts have often said SBI, with a market capitalisation of 5.08 trillion rupees, is undervalued since its share price does not capture the value of its subsidiaries.
    • "The valuation of the top four or five entities is about 2.5-3 trillion (rupees) ... of both listed and unlisted companies,"
  • Q2

    • Net NPA ratio at 0.64% improved by 16bps YoY.
    • Credit growth at12.39%YoY with Domestic Advances growing by 13.21% YoY
    • Bank’s ROA and ROE for the halfyear stand at 1.10% and 22.57% respectively
    • Net Profit at ₹ 14,330 crores; grew by 8.03% YoY
    • Gross advances: 34,11,252

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