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SBI Q2 result: Profit jumps 52% YoY to Rs 4,574 cr; asset quality improves

SBI's gross non-performing assets (GNPA) declined to Rs 1.25 trillion during September quarter

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sbi | Q2 results | Markets

Nikita Vashisht  |  New Delhi 



n a quarterly basis, the profit rose 9 per cent from Rs 4,189.3 crore-profit reported in Q1FY21.
On a quarterly basis, the profit rose 9 per cent from Rs 4,189.3 crore-profit reported in Q1FY21.

State Bank of India's (SBI's) September quarter (Q2FY21) standalone net profit jumped 52 per cent year-on-year to Rs 4,574.16 crore as the lender's provisions declined during the quarter. In comparison, it had clocked a net profit of Rs 3,011.7 crore during the corresponding quarter of FY20.

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First Published: Wed, November 04 2020. 13:55 IST

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