SBI gross NPA drops to 20-year low of 1.47%
SBI gross NPA drops to 20-year low of 1.47%. SBI shares rose to ₹1,028.90 on September 3 as its gross non-performing assets fell to 1.47%, the lowest in two decades. This sharp improvement in asset quality reflects stronger recovery and credit discipline. The development signals improved profitability and lower provisioning burden for India's largest lender.
📊 STOCKS: SBIN | 🏢 SECTOR: Banking | #HIGHIMPACT #NPA
This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.