SBI Q2 Results: Public sector lender State Bank of India on Friday reported a standalone net profit of ₹18,331.44 crore for the quarter ended September 30, 2024, which was up by 27.92% over ₹14,330.02 crore reported by the company in the year-ago period. Net interest income for the quarter ended September, increased by 5.37% year-over-year to reach ₹41,620 crore, up …
Pune-based Bank of Maharashtra surpassed other public sector lenders in terms of loan growth percentage for the third quarter of FY23. As per an analysis of the latest financial results of public sector banks showed, which PTI cited, BoM bank has maintained the top slot in credit growth in percentage terms consistently for the past 10 quarters despite COVID-19 pressures. …
State Bank of India will be in focus on stock exchanges this week after garnering a highest ever quarterly net profit of ₹13,265 crore during Q2FY23 rising by 73.93% yoy. On the back of a strong quarter, Motilal Oswal analysts have suggested buying in SBI stock for a target price of ₹700 per share going forward. During Q2FY23, SBI's net …