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Published 12:53 IST, March 11th 2024

Bernstein on SBI: Era of superior earnings growth in state owned banks is set to end

Bernstein has downgraded shares of the State Bank of India to 'market-perform', media reports said.

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Reported by: Saqib Malik

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State Bank of India, the country's largest lender, is ranked third among the top five banks with a market cap of Rs 6.78 lakh crore. SBI's net profit was hit by one time wage and pension provision of Rs 7,100 crore

State Bank of India | Image: SBI

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12:32 IST, March 11th 2024