logo
 
State Bank of India has reported over 41 per cent, year-on-year, jump in standalone net profit for the fourth quarter of the last fiscal to 9,114 crore rupees. The board of the State Bank has approved a dividend of seven rupees and 10 paise per share. The record date for the dividend is 26th of May.

The Bank said, its provisions for



bad loans came down to nearly a third of the what it provisioned a year ago. It kept aside 3,262 crore rupees during the fourth quarter, compared to 9,914 crore rupees in the same quarter last year.

SBI's net NPA stood at 1.02 per cent, in the fourth quarter, compared to 1.50 per cent last year.



No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Do you think Ruturaj Gaikwad would be a good captain for Chennai Super Kings?

Yes
No
Can't Say