Bank results season: Watch out for SBI results

Monday, November 8, 2010

Q2 results in the next hour are expected to put SBI firmly in the saddle as far as policy leadership and collaboration with FinMin and RBI is concerned. The maket is already disappointed that the numbers were not live during the markets session presumably, but the after mmarket will see a surge in demand for the bank as the bank gets to a 3.3% NIM and establishes double dgit growth in credit much ahead of earlier leaders ICICI or new wannabes Kotak. We'll be here as close tol live as possible as we do have a vested interest in the bank and no conflict of interest. With Capital ramp up to come to the extent of $4 bln, the growth augurs well esp as profits are good and estimats likely beaten.

Posted via email from The investment blog on Post

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