 "SBI")
Shares of State Bank of India (SBI) advanced around 7 per cent to Rs 221 apiece on the BSE in the morning deals on Thursday, a day after the company posted healthy numbers for the quarter ended September 2020.
The state-owned lender on Wednesday posted a 51.88 per cent growth in net profit for the second quarter ended September 2020 (Q2FY21). Its profit after tax, on a standalone basis, rose to Rs 4,574 crore in Q2FY21 from Rs 3,012 crore in Q2FY20 on the back of a steady rise in net interest income and a dip in provisions for bad
