Demonetization aftermath: SBI records nearly Rs 40,000 crore cash deposits so far
Till Thursday, SBI saw cash deposits of Rs 31000 crore out of which Rs 700 crore were exchanged. In its Q2 review meeting held today, the bank said on Friday till now it has received Rs 22,000 crore of cash deposits and out of which Rs 723 crore were exchanged.
This second quarter September 30, 2016, SBI's net profit dropped to Rs 2538.3 crore, loss of 34.5%. Photo: Reuters