HDFC Securities: SBI - Lesser-Than-Anticipated Pain In Store?

Despite the recent Additional Tier-I and Tier-II capital raise, State Bank of India would do well to raise equity capital.

HDFC Securities Retail Research

05 Nov 2020, 05:01 PM IST

A customer uses an automated teller machine (ATM) at a State Bank of India Ltd. (SBI) branch at night in Bengaluru, India. (Photographer: Karen Dias/Bloomberg)

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HDFC Securities: SBI - Lesser-Than-Anticipated Pain In Store?

Despite the recent Additional Tier-I and Tier-II capital raise, State Bank of India would do well to raise equity capital.

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