#Markets
Markets seem cautiohs; watch how yields move. #markets
SBI Q4 Profit Up 5.6% as War Worries Pressure Demand
SBI posts Q4 profit rise of 5.6% amid steady lending but faces treasury losses and higher yields, triggering cautious market sentiment.
SBI reported a 5.6% year-on-year rise in Q4 net profit, coming in at Rs 19,684 crore, as domestic lending helped earnings despite a tougher treasury environment. Total income for the quarte…SBI reported a 5.6% year-on-year rise in Q4 net profit, coming in at Rs 19,684 crore, as domestic lending helped earnings despite a tougher treasury environment. Total income for the quarter slipped to Rs 1.40 lakh crore from Rs 1.43 lakh crore a year ago, while net interest income grew over 4% to ... Read full article.
Interesting numbers from SBI, though the margins worry me a bit. #markets
SBI Q4 Profit Up 5.6% as War Worries Pressure Demand
SBI posts Q4 profit rise of 5.6% amid steady lending but faces treasury losses and higher yields, triggering cautious market sentiment.
SBI reported a 5.6% year-on-year rise in Q4 net profit, coming in at Rs 19,684 crore, as domestic lending helped earnings despite a tougher treasury environment. Total income for the quarte…SBI reported a 5.6% year-on-year rise in Q4 net profit, coming in at Rs 19,684 crore, as domestic lending helped earnings despite a tougher treasury environment. Total income for the quarter slipped to Rs 1.40 lakh crore from Rs 1.43 lakh crore a year ago, while net interest income grew over 4% to ... Read full article.