1 min read.Updated: 08 Aug 2022, 09:55 AM ISTLivemint
SBI reported a decline in Q1 net profit on account of mark-to-market (MTM) losses
Listen to this article
Shares of State Bank of India (SBI) plunged over 2% in Monday's early deals after the country's largest lender reported a 6% drop in its standalone net profit at ₹6,068 crore for the quarter ended June, missed estimates, on account of mark-to-market (MTM) losses. Net Interest Income (NII) increased by nearly 13% to ₹31,196 crore from ₹27,638 crore.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.