 "SBI Q1 net up 10% at Rs 3,692 crore")
The bank had reported net profit of Rs 3,349 crore in the year-ago period.
Provisions were down quarter-on-quarter to Rs 4,000 crore from Rs 6,593 crore in the previous quarter.
Provisions were down quarter-on-quarter to Rs 4,000 crore from Rs 6,593 crore in the previous quarter.
Gross NPA rose to 4.29% from 4.25% on a quarter-on-quarter basis. Net NPA too rose to 2.24% from 2.12% in the previous quarter.
Net interest income rose 3.6% year-on-year to Rs 13,732 crore.
Capital adequacy ratio (Basel III) was flat at 12%.
The stock was down 2.49% at Rs 276.05 on the BSE at 12:54 pm.
The stock was down 2.49% at Rs 276.05 on the BSE at 12:54 pm.
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