Economic TimesLean R·
SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimates
State Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during the quarter. Total business crossed one hundred ten trillion rupees, with deposits exceeding sixty trillion. Advances grew nineteen percent year-on-year, driven by broad-based loan segment expansion. Margin improvements were noted, defying earlier analyst expectations of pressure.
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