A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 75,273.45 +1.63% ↑ Nifty 23,306.45 +1.72% ↑ 22k Gold ₹ 13,249/gm Silver ₹ 2,49,900/kg Petrol ₹ 103.54 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 101.44 USD ₹ 94.21
Sensex 75,273.45 +1.63% ↑ Nifty 23,306.45 +1.72% ↑ 22k Gold ₹ 13,249/gm Silver ₹ 2,49,900/kg Petrol ₹ 103.54 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 101.44 USD ₹ 94.21
Home News Business
SBI Reports Net profits of 3900 Crores for Q2; Asset Quality Stable
By
Add as a preferred source on Google

India's largest lender and the top bank in the country, State Bank of India reported a net profit of Rs Rs 3100 crore for the quarter ending September 30, 2014.

During the quarter, the bank's its net interest income (NIIs) stood at Rs 13,274 crore. The profits marginally lagged estimates.

sbi
State Bank of India's asset quality, a key factor which is eagerly watched by analysts and industry experts was steady with Q2 gross non-performing assets at 4.89 percent versus 4.9 percent quarter-on-quarter (Q-o-Q).

The Net Non performing Asset was marginally higher at 2.73 percent versus 2.66 percent sequentially. The stock was up almost 2 per cent in trade on the National Stock Exchange.

Goodreturns.in

Share This Article
Story first published: Friday, November 14, 2014, 13:28 [IST]
See More On: state bank of india, sbi

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
Sign Out