SBI Q2 profit jumps 55 pc to Rs 5,246 cr on account of decline in bad loans
The country's largest lender State Bank of India (SBI) on Wednesday reported a 55 per cent increase in its consolidated net profit at Rs 5245.88 crore for the second quarter ended September 30 on account of decline in bad loans.
SBI's net profit was Rs 3,375.40 crore in the July-September quarter of previous fiscal, SBI said in a regulatory filing. Reuters