SBI’s exposure to Adani Group manageable: Jefferies
The bank may also require raising capital with its Common Tier I CAR at 11% (vs min of 7%), but management may look at stake sales in subsidiaries to mobilise capital first,” it said.Jefferies has SBI among its sector top picks with a “Buy” rating and a target price of Rs 760, representing an upside of 44%. In an upside scenario, the target price is set at Rs 860, with a potential upside of 61%
