SBI Q4 profit jumps 80 pc to Rs 6,451 crore as bad loans situation improves
URL copied Image Source : PTI/ REPRESENTATIONAL. The country's largest lender SBI on Friday reported an 80 per cent surge in standalone net profit at Rs 6,450.75 crore for the fourth quarter ended March 2021, aided by decline in bad loans. State Bank of India (SBI) had earned a profit of Rs 3,580.81 crore during the January-March period of 2019-20, the lender said in a regulatory filing. Total income of the bank during the March quarter of the last financial year rose to Rs 81,326.96 crore, from Rs 76,027.51 crore in the same period of 2019-20. During th...
Source: indiatvnews.com