homevideos Newsmarket Newsstocks News

Editor's Take: Why low slippages could trigger a relief rally in SBI

videos | Nov 4, 2020 4:17 PM IST

Editor's Take: Why low slippages could trigger a relief rally in SBI

State Bank of India (SBI) has given a clear breakup of slippages; the estimated slippages for the second half is about Rs 20,000 crore.

Recommended Articles

View All

When you add everything, the possible stress plus NPA is around Rs 60,000 crore. For a bank with a large book, this works out to a 2.5 percent slippage as a percentage of the total book.
When the RBI financial stability report came in, it reported that the stress could be anywhere between 5 and 7 percent for the banking system. SBI being the largest bank was expected to reflect that. But SBI is telling us that the figure is 2.5 percent.
There could be a relief rally coming in SBI because of the lower than expected slippages.
To know more, watch the video.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng