State Bank Of India (SBIN IN): Initiation - Convergence with Private Peers, Poised for Re-Rating
State Bank of India (SBIN IN) is by far the best-performing PSU bank in India and has the potential to re-rate substantially in the near-term.
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State Bank of India (SBIN) - 3Q24 Update: Short-Term Pressure Is an Opportunity to Accumulate
SBI's result has one-offs impacting short-term performance. This is an opportunity to accumulate this long-term compounder.
260 Views
State Bank of India - Loan Growth Momentum Intact, Pension Blip Impacts PAT
With growth prospects remaining intact and the management confident to grow AUM at 14-15% and deposits at 12-13%, we model in advances growth of...
205 Views
State Bank of India - Stable Margins Bolstered with Asset Quality Improvement
The healthy growth in the loan book was driven by retail book growth of ~15.7/3.3%YoY/QoQ (unsecured retail Xpress credit grew 18/5% YoY/QoQ), Agri...
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State Bank of India: New moats emerge as game changers. Maintain BUY
While SBI always had the natural advantage of brand recognition and scale, the bank has gradually added other competitive moats in the form of a...
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