Versuchen GOLD - Frei
Treasury gains cushion SBI in Q4
Mint Chennai
|May 06, 2025
Unpredictable trend SBI's huge treasury operations with volatile income lead to profit swings.
State Bank of India's March quarter (Q4FY25) results would have been a flop show had it not been for one-off and treasury gains.
The public sector lender benefited from a revaluation of security receipts issued by National Asset Reconstruction Co. Ltd, which included ₹3,850 crore from a big account, booked in treasury income.
Given its largest treasury operations in the country, SBI's pinning hopes on further easing of bond yields, which would enable the bank to make more capital gains in the portfolio.
Bond prices have been gaining since the Reserve Bank of India began cutting rates in February. Bond prices have an inverse relationship with bond yields.
SBI is banking on treasury gains to maintain return on average assets of 1% for FY26 as its net interest margin (NIM) continues to be under pressure.
Diese Geschichte stammt aus der May 06, 2025-Ausgabe von Mint Chennai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Chennai
Mint Chennai
Balancing creativity and practicality
Neha Gupta, the co-founder of Beyond Designs, on the art of listening
1 mins
May 18, 2026
Mint Chennai
Chipmaker stocks emerge as key driver of S&P 500 rally
Shares of chipmakers are increasingly dominating the S&P 500 Index, powering stocks to record highs while stirring concerns over the rally’s durability.
1 min
May 18, 2026
Mint Chennai
Despite promoter backup, Vi still has a funding gap
Vodafone Idea showed early signs of improvement in Q4 FY26, with its subscriber base stabilising and average revenue per user (Arpu) improving.
2 mins
May 18, 2026
Mint Chennai
'Rapido has innovated, but we did it faster'
Uber chief executive officer (CEO) Dara Khosrowshahi knows a thing or two about turnarounds.
7 mins
May 18, 2026
Mint Chennai
Ordinance to add four SC judges notified
With promulgation of the ordinance, the top court will now have 37 judges, besides the chief justice.
1 min
May 18, 2026
Mint Chennai
ICEYE chooses India for first Asia-Pacific satellite hub
ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the next year to manufacture small satellites for defence, surveillance and environmental monitoring.
1 mins
May 18, 2026
Mint Chennai
Hero lines up capex of ₹1,500 cr for FY27
Two-wheeler market leader Hero MotoCorp has earmarked ₹1,500 crore capex for fiscal year 2027 (FY27) to double its scooter production capacity, according to chief executive officer Harshavardhan Chitale.
1 min
May 18, 2026
Mint Chennai
India races to build long-duration energy storage
green power penetration,” another official said, adding that long-duration storage is critical for optimal integration of renewable energy, “thereby achieving energy transition in the true sense”.
1 mins
May 18, 2026
Mint Chennai
Why some people put on poverty as though it’s make-up
In his first speech as chief minister of Tamil Nadu, Joseph Vijay said in Tamil, “I have known poverty; I've known hunger. I am not from some royalty.”
4 mins
May 18, 2026
Mint Chennai
Govt spark likely for long energy storage
Support for long-duration energy storage to aid green power
1 min
May 18, 2026
Listen
Translate
Change font size