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SBI Posts 945 Crore Rupees Profit In September Quarter, Beats Street Estimates

Recovery in written-off accounts grew 14.6% to Rs. 1,327 crore in Q2, State Bank of India said
Recovery in written-off accounts grew 14.6% to Rs. 1,327 crore in Q2, State Bank of India said
State Bank of India (SBI), the country's largest lender, on Monday reported a net profit of Rs 944.87 crore for the July-September period, registering a 40.3 per cent fall from Rs 1,581.55 crore in the corresponding period a year ago. The net profit was ahead of analysts' expectations of a profit of Rs 565 crore, news agency Reuters reported citing Refinitiv data. SBI's total income increased to Rs 66,607.98 crore for the quarter end...
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