Business Standard

Thursday, January 09, 2025 | 12:23 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

SBI falls on fears of likely higher bad loans for Oct-Dec

Image

Reuters Delhi, India

Reuters Market Eye - Shares in State Bank of India fell as much as 2.3 percent on speculation that the bank could report higher-than-expected bad-loans in the October-December earnings on Thursday.

SBI could also miss consensus earnings per share (EPS) estimates by 3 percent in the October-December quarter, according to Thomson Reuters StarMine SmartEstimate data, which measures the forecasts from top-ranked analysts against wider forecasts.

StarMine SmartEstimate suggests EPS for the quarter ending December at 52.50 rupees, compared with mean estimates of 54.15 rupees.

(Reporting by Manoj Dharra)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 13 2013 | 3:16 PM IST

Explore News