State Bank of India (SBI)’s standalone net profit more-than-doubled to Rs 16,884.29 crore in the June quarter (Q1) of financial year 2023-24 (FY24), driven primarily by higher net interest income (NII) and better loan growth. Its net profit was Rs 6,068.1 crore in the corresponding quarter of the previous fiscal (Q1FY23). … Continue reading Profit more-than-doubles to Rs 16,884 cr, NII up 25% YoY