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Updated Feb 11, 2021 | 15:51 IST State Bank of India said that its home loan portfolio has crossed Rs 5 trillion in assets under management and that the Retail Housing Business Unit is the largest portfolio for the public sector bank. Dinesh Khara  Home loans will be a major focus for SBI going forward, said Chairman Dinesh Khara SBI's home loan interest rates start at 6.80% currently, second only to Kotak Mahindra Bank's 6.75% offering Amid the lowest ever home loan interest rate offerings by banks and the push for the revival of residential real estate, India's l...

The public sector bank posted a net profit of Rs 506.03 crore in Q3 FY21 compared with net loss of Rs 492.28 crore in Q3 FY20. The bank's total income grew by 45.9% to Rs 23,298.53 crore in Q3 FY21 as against Rs 15,967.49 crore in Q3 FY20. The result was announced after market hours on Friday, 5 February 2021. Net Interest Income (NII) for Q3 FY21 grew by 28% to Rs 8,313 crore in Q3 FY21 over Q3 FY20. Global Net interest margin improved to 3.09% in Q3 FY21 from 2.49% in Q3 FY20. The bank's operating profit jumped by 69.8% to Rs 6,390.81 crore in Q3FY21 from Rs 3,762.90 crore in Q3 FY20. Punj...

Read more about Indices at day's high ahead of Union Budget on Business Standard. At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 436.58 points or 0.94% at 46,722.87. The Nifty 50 index surged 110.60 points or 0.81% at 13,745.45.

The private lender's net profit tanked 34.4% to Rs 852.76 crore and total income fell 1.4% at Rs 8,946.96 crore in Q3 December 2020 over Q3 December 2019.Profit before tax (PBT) dropped 34.22% to Rs 1,119.76 crore in Q3 FY21 as against Rs 1,702.19 crore in Q3 FY20. Tax expense declined 33.58% to Rs 267 crore in Q3 FY21 over Q3 FY20. The result was announced after market hours today, 29 January 2021. The private sector bank's operating profit before provisions increased by 8.29% to Rs 2973.28 crore in Q3 FY21 from Rs 2745.64 crore in Q3 FY20. The bank's provisions and contingencies jumped 77....

Net Interest Income (NII) for Q3FY21 increased 17% to ₹4,007 crore, said Kotak Mahindra Bank