State Bank of India — Q2 FY24
SBI reported Q2 FY24 PAT of INR 14,330 crore (+8% YoY), with domestic NIM at 3.43% (down 12bps YoY) due to higher deposit costs.
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
Credit growth of 14-15% in FY24
Management expects domestic advances to grow 14-15% in FY24, supported by robust pipeline and broad-based demand.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY24
NIM to sustain around 3.47%
Chairman stated effort to retain domestic NIM at 3.47% for the full year, despite sequential volatility.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1