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State Bank Of India

NameState Bank of India
SectorFinancials
CapitalizationLarge Cap
Buy/SellUndervalued
Peer ComparisionClick here

Should you buy as per the technical Analysis?

State Bank of India (SBI) is the largest bank in India and one of the largest banks in the world by assets. It is a public sector bank under the ownership of the Government of India. SBI has a network of over 24,000 branches and over 65,000 ATMs in India. The bank also has a presence in over 30 countries around the world.

Should you buy as per the Fundamental Analysis?

Long-term investors searching for a steady, profitable business with promising growth prospects should give SBI some thought. Investors should be mindful, though, that SBI is a sizable and intricate business, and that purchasing the stock carries some risk.

Advantages:Robust financial results, a sound balance sheet, and a profitable track record
ideally situated to gain from the expanding Indian economy and the government’s emphasis on financial inclusion
attractive prices in relation to its competitors
A dividend-paying business with a 5.8% current dividend yield
Drawbacks: Large, intricate business with certain risks related to stock investments
facing heightened competition from banks in the private sector
Political meddling could result from government ownership.


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