Click it and Unblock the Notifications
The country's largest lender, State Bank of India reported less than expected third quarter results. The banks net profit rose by only 4% to Rs 3396 crore for the quarter ended December 31.
Net interest margin stood at 3.72% vs 3.4% quarter on quarter. Net interest income declined 2.7% to Rs 11,154 crore from Rs 11,466 crore during the same period.
Gross Non Performing Assets (NPAs) was seen at 5.3% vs 5.15% quarter on quarter. Capital adequacy ratio dropped to 12.21% against 12.63% in second quarter.
The banks provisions for bad loans surged 48% quarter on quarter to Rs 2,668 crore.
Shares of the bank tanked 1.15% at Rs 2222 on BSE at 12.50 pm IST.
GoodReturns.in
More From GoodReturns
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?
Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026
Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April
Gold Price Today, April 3: 22K, 24K Rates Jump Across Tanishq, Malabar, Kalyan & Joyalukkas & IBJA
5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report
Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March
Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis
Sign in with Google