SBI gains Rs 33,07,33,30,400 in just a single day from this stock; hitting a 52-week high!
SBI gains Rs 33,07,33,30,400 in just a single day from this stock; hitting a 52-week high!

SBI gains Rs 33,07,33,30,400 in just a single day from this stock; hitting a 52-week high!

This surge propelled the stock's market capitalization beyond the Rs 85,700 crore mark.

Karan Dsij Article rating: 3.5

India's largest public sector bank, the State Bank of India, also achieved a new 52-week high on Wednesday, reaching Rs 677.95, concluding the day higher by Rs 25 or 3.84 per cent. While the uptick could be attributed to Prime Minister Narendra Modi's remarks in the Rajya Sabha regarding PSUs, there's another facet to this narrative.

Diwali Bonanza: Yes Bank recovers Rs. 120 crore from sold bad loans; don't miss the action!
Diwali Bonanza: Yes Bank recovers Rs. 120 crore from sold bad loans; don't miss the action!

Diwali Bonanza: Yes Bank recovers Rs. 120 crore from sold bad loans; don't miss the action!

The net amount recovered, which surpasses the materiality threshold defined by listing regulations, necessitates disclosure, and Yes Bank is adhering to these transparency requirements

Karan Dsij Article rating: 3.9

In a positive development coinciding with the Diwali festival, Yes Bank announced a significant recovery. Following the sale of a non-performing asset (NPA) portfolio to J.C. Flowers Asset Reconstruction Private Limited (JC Flowers ARC)

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