SBI's profit increased by 13.06%
SBI bank's profit increased by 13.06%. In the December quarter of this financial year, it earned a net profit of Rs. 21,028 crore. It achieved a 9.7% growth in total income. According to consolidated accounts, the net profit was recorded at Rs. 21,317 crore. Net interest income increased from Rs. 41,446 crore to Rs. 45,190 crore with a growth of 9.4%. The bank chairman stated that the non-performing assets, which were Rs. 3,823 crore a year ago, have increased to Rs. 4,458 crore.
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