Shares of the country's largest lender - State Bank of India surged as much as 4 per cent to hit record high of Rs 542 after it reported highest -ever quarterly profit in September quarter. SBI's net profit in second quarter of the current financial year jumped 67 per cent to Rs 7,627 crore from Rs 4,574.16 crore during the same quarter last year. Sharp increase in net profit in September quarter came on account of steep decline in provisioning for bad loans and uptick in asset quality.
from Videos https://ift.tt/3CH5cjz
Subscribe to:
Post Comments (Atom)
-
No power supply, a looming food and water crisis, more than 3 lakh people displaced and over 1,100 dead - as Israel strikes backs after Hama...
-
Karnataka Chief Minister Siddaramaiah issued a firm 'no vacancy' message Thursday after the power struggle with his deputy, DK Shiva...
-
By BY MARC TRACY from NYT Business https://ift.tt/31YbsQz
No comments:
Post a Comment