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Tag "SBI profit"

SBI lowers India’s FY22 growth forecast to 7.9%

SBI lowers India’s FY22 growth forecast to 7.9%

🕔12:19, 1.Jun 2021

Mumbai, June 1  As the second wave of Covid-19 and the resultant restrictions again cripple economic activities, the State Bank of India (SBI) has revised India’s growth outlook downwards for the current financial year. The latest SBI Ecowrap report has

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SBI shares surge post robust Q4 earnings

SBI shares surge post robust Q4 earnings

🕔12:34, 24.May 2021

Mumbai, May 24  Shares of State Bank of India (SBI) rose on Monday after the bank reported a strong performance in the January-March quarter. Around 11.30 a.m., shares of the state-run bank on the BSE were at Rs 411.85, higher

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SBI’s YoY Q4FY21 net profit up over 80%

SBI’s YoY Q4FY21 net profit up over 80%

🕔15:50, 21.May 2021

Mumbai, May 21  Lending major SBI on Friday reported a rise of 80.15 per cent in its net profit for the Q4FY21 on a year-on-year basis. Accordingly, bank’s net profit rose to Rs 6,451 crore from Rs 3,581 crore in

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SBI Q3 FY21 net profit down 7% YoY

SBI Q3 FY21 net profit down 7% YoY

🕔17:40, 4.Feb 2021

Mumbai, Feb 4  Lending major State Bank of India (SBI) on Thursday reported a decline of 6.93 per cent in net profit for the third quarter of 2020-21 on a year-on-year basis. Accordingly, the bank’s net profit fell to Rs

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SBI’s Q2FY21 net profit rises over 51%

SBI’s Q2FY21 net profit rises over 51%

🕔18:50, 4.Nov 2020

Mumbai, Nov 4  Lending major State Bank of India on Wednesday reported a rise of 51.88 per cent in its standalone net profit for Q2FY21 on a year-on-year basis. Accordingly, the lender’s net profit increased to Rs 4,574 crore from

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SBI’s Q1FY21 net profit up 81%

SBI’s Q1FY21 net profit up 81%

🕔08:33, 1.Aug 2020

Mumbai, Aug 01  The country’s biggest lender State Bank of India (SBI) on Friday reported a rise of 81 per cent in its standalone net profit on the back of Q1FY21. Accordingly, the bank’s net profit rose to Rs 4,189

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SBI logs 4-fold jump in Q4 net profit at Rs 3,581 cr

SBI logs 4-fold jump in Q4 net profit at Rs 3,581 cr

🕔08:04, 6.Jun 2020

New Delhi, June 6  State Bank of India (SBI) on Friday reported a four-fold jump in its net profit for the January-March quarter of financial year 2019-20 at Rs 3,581 crore. The net profit for the quarter rose by 327

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SBI posts Q1 profit of Rs 2,312 cr on lower provisioning

SBI posts Q1 profit of Rs 2,312 cr on lower provisioning

🕔17:38, 2.Aug 2019

Mumbai, Aug 2  Riding on lower provisioning and improved asset quality, state-run State Bank of India SBI) on Friday reported a net profit of Rs 2,312 crore during the first quarter ending June against a net loss of Rs 4,876

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SBI posts muted Q4 profit, but asset quality, interest income up

SBI posts muted Q4 profit, but asset quality, interest income up

🕔07:32, 11.May 2019

Mumbai, May 11  State Bank of India on Friday posted a muted net profit of Rs 838 crore in Jan-March period of last fiscal on account of massive provisioning at Rs 16,502 crore, but the asset quality moved northwards as

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SBI posting strong credit growth, NPA recovery on: MD

SBI posting strong credit growth, NPA recovery on: MD

🕔17:26, 28.Feb 2019

New Delhi, Feb 28 The State Bank of India, the country’s largest lender by asset size on Thursday, said the NPA recovery of the bank is proceeding smoothly and it is posting strong credit growth. “We are recovering well on NPAs

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SBI expects Q1 GDP growth at 7.7%

SBI expects Q1 GDP growth at 7.7%

🕔10:16, 23.Aug 2018

New Delhi, Aug 23  Lending major State Bank of India (SBI) on Wednesday said that its Composite Leading Indicator (CLI) has hinted a GDP growth of 7.7 per cent during the first quarter of 2018-19. The bank has developed —

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SBI Q1 loss at Rs 4,876 cr on higher provisioning for NPAs

SBI Q1 loss at Rs 4,876 cr on higher provisioning for NPAs

🕔13:03, 11.Aug 2018

Mumbai, Aug 11 State-run State Bank of India (SBI) on Friday reported a major loss of Rs 4,876 crore for the first quarter ending June, caused by higher provisioning on account of its accumulated non-performing assets (NPAs), or bad loans.

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SBI posts Q4 loss of Rs 7,718 cr, gross NPAs up

SBI posts Q4 loss of Rs 7,718 cr, gross NPAs up

🕔15:08, 22.May 2018

Mumbai, May 22  Reflecting the continued pressure on state-run banks, State Bank of India (SBI) on Tuesday posted a loss of Rs 7,718 crore for the fourth quarter ended March, the bank said in a stock exchange filing. The country’s

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SBI net profit declines by 8 percent in Q4

SBI net profit declines by 8 percent in Q4

🕔15:19, 23.May 2014

New Delhi, May 23  State Bank of India (SBI), the country’s largest lender, Friday said its net profit declined by 7.82 percent to Rs.3,041 crore in January-March quarter of this year from Rs.3,299 crore recorded in the same period last

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