SBI Q2 Results Highlights: Shares end 2% lower on Friday
6 days ago · SBI Q2 Results Live: India's largest lender, State Bank of India Ltd. has announced its September quarter results, with its Net profit increasing by 28% from last year, while its Net Interest Income increased by 5.4% from the same period last year. Asset quality for SBI improved on a sequential basis. Gross NPA for the quarter stood at 2.13% from 2.21% in June, while Net NPA stood at 0.5% ...
SBI Q2 results: Profit soars 28% YoY to Rs 18,331 crore; stock falls …
6 days ago · SBI Q2 results 2024: India's biggest public sector lender State Bank of India (SBI), on Friday, reported a 28 per cent year-on-year (Y-o-Y) surge in standalone net profit at Rs 18,331.4 crore in the July-September quarter of the current financial year (Q2 FY25).The number beat Street estimates by a wide margin, which had estimated a net profit rise of 10-17 per cent Y …
SBI Q2 Results: Net Profit Jumps 28% to Rs 18,331 Crore, NPAs
6 days ago · Mohammad Haris. News18.com. Last Updated: November 08, 2024, 14:04 IST. SBI Q2 Results: Its net profit surges 28 per cent to Rs 18,331 crore for the second quarter ended September 2024. It is above market expectations. Follow us on Google News. State Bank of India has declared its Q2 FY25 results. State Bank of India (SBI) on Friday reported a ...
SBI | SBI share price: SBI expects to be first ... - The Economic Times
3 days ago · State Bank of India (SBI) Chairman, CS Setty, expressed optimism about achieving a Rs 1 trillion operating profit this year, driven by robust credit growth across sectors like petrochemicals, roads, and renewable energy. The bank aims for a 15% growth in its domestic loan book, reaching Rs 39 lakh crore.
SBI Drops After India’s Biggest Bank Sees Tighter Margins
6 days ago · The outlook overshadowed the 28% increase in net income to 183.3 billion rupees ($2.2 billion) in the three months through Sept. 30, topping analysts’ estimates of 160 billion rupees in a ...
India's largest bank lowers FY deposit growth forecast amid rising ...
6 days ago · SBI's domestic net interest margin shrunk to 3.27% in the three months to Sept. 30 from 3.43% a year earlier and 3.35% in the previous quarter. ... the news and media division of Thomson Reuters ...
SBI Q4 Results Live Update: SBI posts higher-than-expected PAT …
May 9, 2024 · SBI Q4 Results Live Update: PAT jumps 24% YoY to Rs 20,698 crore, beats estimates. On Thursday, State Bank of India (SBI) disclosed a standalone net profit of Rs 20,698 crore for the quarter concluding on March 31, 2024, indicating a 24% year-on-year surge from Rs 16,694 crore reported in the corresponding period last year.
India's SBI forecasts steady credit growth after qtrly profit beat
MUMBAI/BENGALURU, May 9 (Reuters) - State Bank of India (SBI.NS) on Thursday reported record fourth-quarter profit that beat estimates on strong loan demand, and forecast credit growth for the...
SBI News - The Economic Times
3 days ago · SBI Q2 Results Today: State Bank of India (SBI) reported a 28% YoY rise in profit to Rs 18,331 crore, beating earnings estimates of Rs 15,550 crore. Net interest income grew 5% YoY to Rs 41,620 crore, while pre-provision operating profit surged 51% YoY to Rs 29,294 crore for the July-September 2024 quarter.
SBI Q4 profit zooms 83% to Rs 16,695 cr; bank declares dividend …
May 18, 2023 · India’s biggest public sector lender State Bank of India (SBI) on Thursday reported an 83 per cent rise in its standalone net profit to Rs 16,694.51 crore in the January-March quarter.