Analysts at Edelweiss expect divergence and provisions from DHFL to off-set the recoveries from the resolution of the Essar Steel account.
The bank maintained its slippages ratio target for FY20 at 2%
SBI has close to 405 million savings account customers
1.3 bn of SBI's 4.2 bn savings bank accounts are under the Jan Dhan Yojana or basic savings bank deposits accounts - both of which are exempt from penalty for not maintaining average balance
Farm debt waiver hits retail loan asset quality; loan demand expected to pick up later this year
SBI shares hit a high and low of Rs 302.8 and Rs 279 respectively