 "At the bourses, the stock of the Mumbai-based bank has underperformed the benchmark Nifty50 during the current financial year")
India’s largest public sector bank, State Bank of India (SBI), is scheduled to report its March 2020 quarter result (Q4FY20) on Friday, June 5. While analysts are positive on the bank’s net profit, which they expect to jump on a year-on-year (YoY) basis, loan growth is seen logging a tepid growth. Management’s commentary on anticipated second wave of stress will be watched out for, analysts say. Given SBI's dominant exposure in the area, they expect some provisions to be made this quarter.
At the bourses, SBI has underperformed the benchmark Nifty50 during the current financial year, ACE Equity data show. Between
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