State Bank Of India

State Bank of India (SBI) has reportedly initiated a process to sell its 15% stake in the National Stock Exchange (NSE). The country's largest lender could realise about Rs 6,000 crore currently by selling such stake in NSE. SBI group's investment includes more than 10% in the bank and 4.50% in SBI Capital Markets.

The bank reported 25.11% rise in its net profit at Rs 3879.07 crore for the quarter ended September 30, 2015 as compared to Rs 3100.41 crore for the same quarter in the previous year. The bank’s total income increased by 12% to Rs 46854.81 crore for the quarter under review from Rs 41833.36 crore for the corresponding quarter of the previous year.