Business Blog: State Bank of India Q1 profit nearly triples to all-time high

Friday, August 4, 2023

State Bank of India Q1 profit nearly triples to all-time high

State Bank of India (SBI) has reported profits of Rs 168.84bn ($2.04bn) for the quarter ended June 30, a near three-fold rise compared with the same period last year. The bank attributed the results to a surge in net interest income, healthy loan growth and lower provisions.

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