SBI's Q1 earnings disappointing; provisioning ration challenging: Edelweiss
SBI is in focus as the stock has declined by 4.3 per cent due to disappointing earnings in the first quarter. Nilesh Parikh, associate director of Edelweiss Securities, speaks about the bank's earnings and its impact on its stock valuation. A provisioning coverage ratio (PCR) of 64 per cent is going to make things challenging for the company, he tells.
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