Fundamentally, we do not see any problem. The only challenge here is the valuation and over a period of time, we believe the company will do so well that the valuation now will look absolutely reasonable in the future.
Unlike a year ago, SBI did not have to make a ₹7,100-crore provision for employee pension and wages, boosting profit growth at the country’s most-valued
Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest margins from falling sharply
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