SBI posts surprise loss in Q1 due to treasury losses

August 6, 2022

RBI increased its benchmark repo rate for third time within four months on Friday as it reiterated its commitment to bring inflation down below its outer limit of 6%.The large investment losses overshadowed an otherwise solid performance with a loan growth of 15% driven by a 19% growth in retail loans and a 11% increase in corporate loans.

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Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?

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Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.

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