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State Bank of India Q1FY19 results today: What to expect

videos | Aug 10, 2018 7:53 AM IST

State Bank of India Q1FY19 results today: What to expect

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Banking major State Bank of India (SBI) will be in focus ahead of its Q1 numbers today. Asset quality will be keenly watched out.

State Bank of India (SBI) will announce its first quarter ended June 30, 2018 results on August 10, 2018.

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Key points to watch:
  • The bank's asset quality will be in focus by analysts and investors alike. SBI's gross non-performing assets (GNPAs) in the previous quarter stood at 10.9 percent.
  • Another major issue that market experts will watch is SBI's slippages. Analysts expect SBI to announce slippages between Rs 16,000 crore and Rs 20,000 crore.
  • Net interest margin (NIM) is expected to be healthy due to better recovery in some of its large loan accounts.
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