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SBI Surged Nearly 8% On Four-Fold Jump in March Quarter Net Profit

SBI board will be meeting on June 11 to consider fund-raising plans.
SBI board will be meeting on June 11 to consider fund-raising plans.
State Bank of India (SBI) shares surged by nearly 8 per cent after the country's largest lender reported a four-fold jump in net profit for the quarter ended March 31. SBI reported a net profit of Rs 3,580.81 crore for the quarter ended March 31, marking a jump of more than four times compared to its profit of Rs 838.40 crore in the corresponding period a year ago. The SBI shares ended the day at Rs 187.80, up 7.9 per cent, on the BS...
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