SBI shares gain nearly 3 pc as Q1 profit surges
The country's largest bank SBI on Friday posted an 81 per cent jump in its standalone net profit to Rs 4,189.34 crore for the first quarter, aided by decline in bad loan and sale of minority stake in its subsidiary SBI Life Insurance.
Shares of SBI on Friday gained nearly 3 per cent after the company posted an 81 per cent jump in its standalone net profit for the first quarter. Photo: Reuters