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Is SBI's rip-roaring rally finally coming to an end?

Investors will be better off lowering their return expectations from SBI

SBI's Rs 1 lakh crore profit goal: A reality check for investorsAI-generated image

हिंदी में भी पढ़ें read-in-hindi

Banking giant State Bank of India (SBI) has been spry for its age. Its stock has quadrupled in the last four years as the net profit leaped 43 per cent per annum—an awe-inspiring feat for a large business whose profit belly of Rs 60,000 crore exceeds annual state budgets of Goa and Sikkim combined. The banking behemoth is now targeting a profit of Rs 1 lakh crore in the next three to five years, its newly-elected Chairman C S Setty said in a media interaction recently. If achieved, this will make SBI only second to Reliance Industries to ever cross the bi


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