State Bank Of India

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Large Cap | Bank - Public
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State Bank of India reports 69% rise in Q2 consolidated net profit

Date: 03-11-2021

State Bank of India (SBI) has reported results for second quarter ended September 30, 2021.

The bank has reported 66.73% rise in its net profit at Rs 7626.57 crore for the quarter under review as compared to net profit of Rs 4574.16 crore for the same quarter in the previous year. Total income of the bank increased by 3.12% at Rs 77689.09 crore for Q2FY22 as compared Rs 75341.80 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 68.98% rise in its net profit at Rs 9131.23 crore for the quarter under review as against net profit of Rs 5403.81 crore for the same quarter in the previous year. Total income of the bank increased by 6.05% at Rs 101143.25 crore for Q2FY22 as compared Rs 95373.50 crore for the corresponding quarter previous year.