State Bank of India·Financial Services

State Bank of India (OTCMKTS:SBKFF - Get Free Report) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 11,334 shares, a growth of 125.0% from the January 15th total of 5,037 shares. Based on an average daily volume of 781

State Bank of India (SBKFF) Q3 2026 Earnings Call Transcript

Healthy credit quality and ample capital make large Indian lenders adequately prepared to transition to the expected credit loss-based provisioning framework due in a little over one year. The ECL methodology introduces forward-looking provisioning, unlike the current system that requires Indian banks to provide for loans only after they become nonperforming.

State Bank of India (OTCMKTS:SBKFF - Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 6,238 shares, an increase of 92.2% from the December 15th total of 3,246 shares. Based on an average trading volume of 43 shares, the days-to-cover
State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, salary accounts, fixed and recurring deposits, and flexi and annual deposits; home, personal, auto, education, and gold loans, as well as loans against property and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; and mobile and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, cash management, and asset-backed loans, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking and micro-credit to agriculturists and farmers; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides treasury, broking, bill payment, and MICR services; and merchant banking, advisory, securities broking, business & management consultancy, trustee business, factoring, payment, asset management, investment management, credit cards, and custody and fund accounting services. It also offers support and business correspondent services. As of March 31, 2022, the company operated 22,266 branches and 65,030 ATMs. State Bank of India was founded in 1806 and is headquartered in Mumbai, India.
Financial Services
Banks - Regional
232,296
2007-06-06
0.46