SBI Q3 net profit surges 62% on lower provisions2 min read . Updated: 05 Feb 2022, 04:42 PM IST
- Dinesh Khara, chairman, SBI, said going forward the bank will have a much healthier growth as far as NIIs are concerned and depending on external benchmark thelender will be in a position to have much better earnings
Mumbai: State Bank of India (SBI), the country’s largest lender, on Saturday reported a 62.3% year-on-year (y-o-y) jump in net profit to ₹8,432 crore for the quarter ended December on the back of lower provisions.
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