SBI Q2 Results: PAT rises 8% YoY to Rs 14,330 crore, but trails estimate

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Key Points

SBI Q2 Results: Net interest income (NII), the difference between interest earned and interest expended, rose over 12% on year to Rs 39,500 crore, and was the above estimated Rs 38,500 crore..

Net non-performing assets ratio as of September end was 0.64%, compared with 0.80% a year ago, and 0.71% a quarter ago.SBI.

MUMBAI - State Bank of India on Saturday reported an 8% year-on-year (YoY) growth in net profit for the quarter ended September 2023 to Rs 14,330 crore, but was lower than an ETNow poll of Rs 14,500 crore...

Provisions and contingencies, net of write back, reduced sharply in the quarter to Rs 115.28 crore from Rs 3,039 crore a year ago..

The capital adequacy ratio as per Basel-IIII norms was 14.28% as of September end, compared to 13.51% a year ago, and 14.56% a quarter ago...

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