BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nirmal Bang retains buy on SBI
"Loan slippage was higher than expectation, but relatively better when compared with peers. SBI, being a proxy to the economy, is likely to be a major beneficiary of the economic recovery leading to lower credit costs, improvement in profitability and higher return ratios in the medium term," the brokerage said.