State Bank net up 40.2 percent in second quarter

Tuesday, 28 October 2008, 23:34 IST
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New Delhi: State Bank of India (SBI) Monday posted 40.2 percent growth in net profit to 22.59 billion for the quarter ended Sep 30, as against 16.11 billion registered in the corresponding period last year. The total income grew 31.1 percent 179.09 billion for the current quarter as against 136.58 billion. The group has reported 10.6 percent increase in net profit to 23.78 billion for the second quarter, as compared to 21.5 billion. The total income increased 26.4 percent to 270.83 billion for the quarter as against 214.24 billion last corresponding period.
Source: IANS