SBI Q1 Results: State Bank of India (SBI) reported strong numbers for the June quarter, with net profit rising 12.5 per cent from last year to Rs 19,160 crore, compared to Rs 17,035 crore in the same quarter of the previous year. The figure came in above Zee Business’ estimate of Rs 17,010 crore. The bottom-line…
Indian markets opened higher on Monday, July 21, despite mixed global cues. The Nifty began the session at the 25,000 mark, indicating a positive start as investors looked ahead to a heavy earnings day and key stock-specific triggers. The Sensex also opened in the green, tracking early gains in index heavyweights. In focus today are…
PSU stocks: Shares of public sector banks (PSBs) such as State Bank of India (SBI), Canara Bank, Punjab National Bank (PNB), Central Bank of India, and Bank of Maharashtra opened on a strong note Monday, after the finance ministry directed state-run lenders to explore monetising subsidiaries via IPOs or strategic stake sales in the medium…