SBI net profit surges 30% in Q3
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The State Bank of India (
In the year-ago period, the SBI had registered a net profit of Rs 2,234.34 crore, the bank revealed in a
In the third quarter, the total income of the bank moved up to Rs 43,784 crore as compared to Rs 39,068 crore in the year-ago period.
Apart from this, the net interest income of the SBI zoomed 9% to Rs 13,777 crore as against Rs 12,640 crore in the third quarter of last fiscal.
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In the quarter under review, the net NPAs of the SBI fell to 2.8% as compared to 3.24% in same period of last it. The PTI report also stated that gross NPAs slumped to 4.9% in the Q3 from 5.73% in the year-ago period.
(Image: The Economic Times)
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