DSIJ Mindshare

Largest Lender in India Sees Strong Net Profit Growth; Asset Quality Improves Net Profit Rises 28%, Driven by Higher Other Income and Robust Loan Growth

The company has a market cap of Rs 64,450 crore with a PE of 36x, an ROE of 4 per cent and an ROCE of 6 per cent.

August 20, 2024 - Banking and IT Lead Gains While Metals and FMCG Struggle; Sensex Up 0.57% at 80,889

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Majority of the stake i.e., 76.73 per cent is held by Domestic Institutional Investors (DIIs) and Public shareholders that include State Bank of India (26.14 per cent), ICICI Bank Ltd (2.61 per cent)