SBI Q2 net profit rises by 12%

The bank's net profit stood at Rs 2,501 crore corresponding quarter previous year.
It's net interest income during the quarter rose by 28.43% from Rs 8,115 crore a year ago to Rs 10,422 crore.
Bank's gross non performing assets (NPAs) rose to 4.19% at Rs 33,946 crore during the quarter against 3.35% at Rs 23,205 crore corresponding quarter previous year.
The provisions of the bank increased by 29% from Rs 2,622 crore a year ago to Rs 3,386 crore.
The bank's provision coverage ratio stood at 63.50% as on September 30.
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