SBI Q3 Review - Returning To Normalised Earnings Path: ICICI Direct 
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)

SBI Q3 Review - Returning To Normalised Earnings Path: ICICI Direct 


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

State Bank of India’s asset quality picture within guidance is a positive surprise.

Q3 slippages around Rs 2073 crore and new restructuring in Q3 were at Rs 18125 crore.

This brings stressed assets status as on December 2020 at Rs 41000 crore within the guided Rs 60000 crore i.e. 2.5% of loans as total stress including slippages.

Total provisioning for the quarter was at Rs 103420 crore, which includes Covid-19 provisioning of Rs 5885 crore. Overall Covid-19 provision now is at Rs 12976 crore.

Click on the attachment to read the full report:

ICICI Direct SBI Q3FY21 Result Update.pdf


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