{"id":57671,"date":"2022-08-08T11:55:00","date_gmt":"2022-08-08T06:25:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=57671"},"modified":"2022-08-08T11:51:49","modified_gmt":"2022-08-08T06:21:49","slug":"biz-stocks-sbi-2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-sbi-2\/","title":{"rendered":"SBI shares fall over 3% after Q1 earnings"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4108920625\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of State Bank of India (SBI) on Monday fell over 3 per cent in the morning trade after it posted a 7 per cent decline in standalone net profit for the first quarter of the current financial year.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4237719790\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The stock declined 3.13 per cent to Rs 514 on the BSE.<\/p>\n<p>At the NSE, it went lower by 3.23 per cent to Rs 513.85.<\/p>\n<p>The country&#8217;s biggest lender State Bank of India on Saturday posted a 7 per cent decline in standalone net profit to Rs 6,068 crore for the first quarter of the current financial year due to a fall in income.<\/p><div class=\"trade-content_5\" id=\"trade-1766042072\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>The bank had reported a net profit of Rs 6,504 crore in the April-June quarter of 2021-22.<\/p>\n<p>Its standalone total income declined to Rs 74,998.57 crore in the first quarter of 2022-23 against Rs 77,347.17 crore in the same period a year ago, SBI said in a regulatory filing. PTI SUM SUM BAL BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-4040007752\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of State Bank of India (SBI) on Monday fell over 3 per cent in the morning trade after it posted a 7 per cent decline in standalone net profit for the first quarter of the current financial year. The stock declined 3.13 per cent to Rs 514 on the BSE. At the NSE, it [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":13276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-57671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SBI shares fall over 3% after Q1 earnings - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-stocks-sbi-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBI shares fall over 3% after Q1 earnings\" \/>\n<meta property=\"og:description\" content=\"Shares of State Bank of India (SBI) on Monday fell over 3 per cent in the morning trade after it posted a 7 per cent decline in standalone net profit for the first quarter of the current financial year. 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