|Day's Range||288.25 - 292.20|
|52 Week Range||222.70 - 315.30|
|PE Ratio (TTM)||940.61|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||329.67|
India’s stocks benchmark rose as the country’s largest lender by assets, State Bank of India, advanced for a second day on optimism the bad-loan problem for state-run lenders has peaked.
New Delhi, June 2 (IANS) The State Bank of India (SBI) on Friday announced the receipt of a World Bank loan for financing 100 MW rooftop solar projects worth $625 million (Rs 400 crore) by private developers. "SBI has availed loan of $625 million from the World Bank for on-lending to viable Grid-Connected Rooftop Solar PV (GRPV) projects undertaken by PV developers/aggregators and end-users, for installation of rooftop solar systems on the rooftops of commercial, institutional and industrial buildings," the SBI and World Bank said here in a joint statement.
Bloomberg Intelligence's Diksha Gera reports on the performance of the State Bank of India. She speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)