BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
Nomura Maintains Buy On State Bank Of India
We expect loan growth to pick up in the medium term, resulting in higher loan-to deposit ratio as well as a reversal in the shrinking asset-liability duration gap. Structurally this is positive for net interest margin (NIM) and should play out over the next 18 months, Nomura said in a report.