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.
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
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google