SBI Q2 preview: Stake sale in SBI Life to aid performance; slippages eyed

State Bank of India (SBI), which is scheduled to report its September quarter earnings for financial year 2019-20 (Q2FY20) on Friday, October 25, is expected to post a decent set of numbers with gains from the stake sale in SBI Life to compensate for any negative earnings’ impact due to mark-down of deferred tax asset (DTA).

 

The largest public lender reported a net profit of Rs 944.9 crore in the corresponding quarter of the previous fiscal, and Rs 2,312.2 crore in Q1FY20. The net