STATE BANK OF INDIA (SBI) on Friday reported a 28% year-on-year growth in net profit at ₹18,331 crore for the quarter ending September, driven by improved asset quality and higher credit sales, both of which the management led by new chairman C S Setty guided for better show in the next two quarters.
The country's largest lender had booked ₹14,330 crore of net profit in the year-ago period.
Setty, assumed office last month, said in the reporting quarter, the bank earned an interest income of ₹1.14 lakh crore, up 12.32% YoY, while net interest income grew at a lower pace of 5.37% YoY to ₹41,620 crore, from ₹39,500 crore in a year ago period.
هذه القصة مأخوذة من طبعة November 09, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 09, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Disney unveils new song from Snow White
DISNEY has unveiled a new song 'Waiting on a Wish' from the much-anticipated live-action adaptation of Snow White.
ONE FOR SERIAL PLANT KILLERS
THE ZZ plant (Zamioculcas zamiifolia) is a dream come true for those who struggle to keep plants alive. Hardy, low-maintenance, and nearly indestructible, it thrives with minimal care, making it perfect for beginners and busy plant owners.
Garden in bloom
Shasha's designs showcase exquisite techniques that celebrate the artistry of couture
Delhi's Winter Date With Bengal
As the winter chill sets in, the craze for date palm jaggery-based sweets is rising in and outside Delhi's mini Kolkata, and there's a new challenger in town. TMS samples through the sweet-mile to see how the old shops are holding up.
Shahrukh, Mohamed help TN down UP
SHAHRUKH Khan's 85-ball 132 not out and Mohamed Ali's 76 not out (75 balls, eight fours, one six) powered Tamil Nadu to a massive 114-run win over Uttar Pradesh at Visakhapatnam in a Group D match of the Vijay Hazare Trophy.
Wrestling continues to grapple for survival
The sorry state of affairs in wrestling continues even though Aman Sehrawat, with his Olympic bronze, salvaged some pride earlier this year. As 2024 nears end, Firoz Mirza sheds some light on issues ailing the sport and way forward to reclaim the good old days...
City pay penalty, Chelsea stunned
ERLING HAALAND had a second-half penalty saved as crisis-torn Manchester City failed to end their dismal run with a 1-1 draw against Everton, while title contenders Chelsea suffered a first home defeat against Fulham since 1979.
Teen Konstas takes bowlers to cleaners on his Test debut
JASPRIT Bumrah had just welcomed Sam Konstas to Test cricket.
Top Gun 4: Oz batters foil India's plans
In front of record number of fans at MCG on Day 1, Australia top-four help team post 311/6
Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025
DESPITE a sharp correction in the equity market in recent months, the initial public offering (IPO) market has remained robust.
