A Raft Of Positives For State Bank Of India

The State Bank of India (SBI) is expecting a growth in credit rate of around 15 per cent. The bank, which has more or less maintained a good profitability record of between 15 to 20 per cent growth each year, is expected to be on track this year as well. The performance of the stock has also been good especially in the last tow months.

One of the major drivers for the stock was the Asset Securitiisation Bill. The other most important event was the finance ministry