SBI shares jumps to a new record high
By siliconindia | Friday, 05 February 2021, 13:30 Hrs India’s largest lender The State of India (SBI) witnessed its net profit decline 7% to Rs 5196 crores in the Financial Quarter that ended in December. However, net interest income rose to 4%. Shares of State Bank of India gained traction of as much as 10% touching an all-time high of Rs 390.6. The stock is up for the fifth straight day and has gained close to 40% during the previous Financial Quarter period. SBI aims to report double-digit credit growth by the second quarter of the next fiscal, spu...
Source: siliconindia.com