SBI Q2 Results Out, Profit up 8 percent

SBI declared its Q2 results with 8% growth beating the estimates.

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The largest lender of India announced 8% YoY growth with the net profit at Rs 14,330 crore.

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Net interest income increased 12.3% to Rs 39,500 crore. Asset quality also improved sequentially.

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21.6% growth was seen in other sources of income, i.e., 10,790 crore

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The credit cost of SBI improves to 0.22%

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