SBI Reports 10.2% Increase in Standalone Net Profit
Summary
- SBI's standalone net profit increased by 10.2% to ₹21,121 crore
- Net interest income rose by 15% to ₹46,992 crore on a year-on-year basis
- The growth is attributed to higher interest income
Key Facts
- · SBI's standalone net profit: ₹21,121 crore
- · Growth in net profit: 10.2%
- · Net interest income: ₹46,992 crore
- · Growth in net interest income: 15%
Why it matters
The increase in SBI's net profit reflects the bank's strong performance and growth in the banking sector
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