These days, obtaining a private loan is simpler than ever, largely because lenders provide the funds digitally.
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Third highest dividend yield stock. The government-owned firm's latest dividend payout is 36.23% while its latest dividend per share is around ₹10 in FY22 and in last 5-year average return is 13.31%.
The food processing ministry in 2021-2022 said its flagship scheme 'Pradhan Mantri Kisan Sampada Yojana (PMKSY)' has been extended till March 2026 with an allocation of INR 4,600 crore.
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SBI recorded robust net profit of RS. 13,264.52 For 2nd quarter 2022-23. While all 12 public sector banks recorded cumulative profits of Rs. 25,685 in Q2FY23. Cleaner books, higher growth capital and low NPA ratio is seen as healthy signal for PSU sector.
Digital payments especially UPI usage among young population is exploding and according to latest study by Phonepe and Boston Consulting Group (BCG), “India’s digital market is expected to reach $10 trillion by 2026”.
In past three year the stock gave a return of 142.35% as compared to Nifty which gave a return of 53.33% and 142.48% return compared to 52.35% rise in Sensex