February 6, 2025 4:17 PM

SBI posts robust 84 pc surge in net profit at Rs 16,891 crore in Q3

India's largest public sector lender, the State Bank of India (SBI), on Thursday reported an impressive 84.32 per cent surge in net profit (year-on-year) at Rs 16,891 crore for the October-December quarter (Q3 FY25), from Rs 9,164 crore in the year-ago period. The profit rise was aided by higher core income during the quarter. The net interest income (NII), or core income, was up 4.09 per cent from a year ago and stood at Rs 41,445.5 crore compared to Rs 39,816 crore, according to the bank’s...