BankIndia Rating
CLSA ON STATE BANK OF INDIA : 01.06.2021
* Maintain BUY, Target at Rs 650/share
* SBI remains one of our top picks; +50% upside still
* SBI has been one of our top financials picks
* FY21 pandemic performance has surprised positively
* See investors, especially Flls, interested in SBI post 2HFY21
* Estimate ROEs to increase to 15% by FY23CL
* We reiterate BUY with PT of Rs 650 (+50% upside)
BankIndia Rating
