1 min read.Updated: 07 Feb 2022, 09:20 AM ISTLivemint
SBI's asset quality improved in Q3, with Gross NPA ratio declining by 40 bps from previous quarter to 4.5%
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India's biggest bank State Bank of India (SBI) reported 62% jump in standalone net profit at ₹8,432 crore for the quarter ended December 2021, helped by lower provisions, as compared to ₹5,196 crore in the year-ago quarter. Shares of SBI surged in Monday's opening deals to ₹531 apiece on the BSE.
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