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SBI posts Q4 net profit of Rs 3,581 crore on one-time gain from SBI Cards
The profit was supported by one-time gain of Rs 2,731.34 crore from the stake sale in SBI Cards done during the quarter.
SBI Q4 preview: SBI Cards stake sale to aid profitability; NPA levels eyed
According to analysts, gains from SBI Cards stake sale, worth Rs 3,000 crore, may support profitability.
In Q4, SBI to raise Rs 8,000-cr capital via AT1 bonds
SBI's capital adequacy ratio (CAR) was 13.56 per cent at the end of September 2017, with common equity tier-I at 10.24 per cent and AT1 level of just 0.72 per cent