State Bank of India, SBI has announced its second quarter results. The company’s Q2 consolidated net profit was down 22.51% at Rs 2,364 crore versus Rs 3,051 crore, year-on-year, YoY.
Its consolidated net interest income (NII) was up 45.58% at Rs 11,460.3 crore versus Rs 7,871.7 crore, YoY.
Its other income was up at Rs 4,005 crore versus Rs 3,524 crore, YoY.
Total Provisions was up at Rs 2,621 crore versus Rs 1,016 crore, YoY.
Gross NPAs was at 3.35% as on September 30 versus 2.99%, YoY.
Net NPAs was at 1.7% as on September 30 versus 1.73%, YoY.
Its capital adequacy ratio as on September 30 at 13.2%
Provision coverage ratio at 62.78% as on September 30
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
HEad Dealer
DENIP Consultants Pvt Ltd
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