SBI net profit in Q1 surges 55 % to ₹ 6,504 crore
The Hindu
SBI standalone total income increased to ₹ 77,347.17 crore in the first quarter of 2021-22.
The country's biggest bank State Bank of India (SBI) on Wednesday posted a 55 % rise in standalone net profit at ₹ 6,504 crore for the first quarter of the current financial year, helped by decline in bad loans. The lender had reported a net profit of ₹ 4,189.34 crore in the April-June quarter of 2020-21. State Bank of India's (SBI) standalone total income increased to ₹ 77,347.17 crore in the first quarter of 2021-22 as against ₹ 74,457.86 crore in the same period a year ago, according to regulatory filing.
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