SBI Q4 earnings

SBI Q4 results: Net profit slides 10% YoY to Rs 18,642.59 cr, NII surges 3%

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SBI Q4 results: Net profit slides 10% YoY to Rs 18,642.59 cr, NII surges 3%

India’s largest state lender State Bank of India (SBI) posted a 10% YoY drop in its net profit for the fourth quarter of FY 25 at Rs 18,642.59 crore, compared to a net profit of Rs 20,698.35 crore reported in the year-ago period. Meanwhile, the net interest income (NII) grew 2.7% YoY to Rs 42,774.55 … Read more

SBI Q4 takeaways: Asset quality outlook improves, retail loan growth sturdy

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SBI Q4 takeaways: Asset quality outlook improves, retail loan growth sturdy

MUMBAI: reported a blockbuster set of earnings for the quarter ended March with both the botttomline and topline handsomely beating analysts’ expectations. The state-owned bank’s earnings were boosted by the resolution of a large corporate loan account after made payment for the acquisition of Bhushan Power & Steel during the quarter. The lender’s net profit … Read more