Tag: mumbai state bank of india

MUMBAI: State Bank of India has reported its highest-ever quarterly net profit of Rs 16,884 crore for April-June 2023. The net profit, which rose due to higher net interest income, is 178% higher than Rs 6,068 crore in the corresponding quarter last year.During the quarter, the bank's advances grew 13.9% to Rs 33 lakh crore from Rs 29 lakh crore in the corresponding quarter last year. The bank's deposits grew 12% to Rs 45.3 lakh crore from Rs 40.5 lakh crore a year ago.The bank's net interest income...