Digit News | 14/09/2022 07:34 PM | Click to read full article
On a year-to-date basis, shares of SBI have soared over 24 per cent till September 14. Other lenders including Bank of Baroda, The Federal Bank, IndusInd Bank and AU Small Finance Bank have jumped between 30 per cent and 70 per cent. The 30-share Sensex and BSE Bankex added 3.82 per cent and 15 per cent, respectively, YTD.
Sharing its view on the gross non-performing assets (GNPA), JM Financial added that SBI has navigated through Covid exceptionally well.