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SBI Q3 net profit down 34% at Rs 2,234 crore

The country's largest lender, State Bank of India, on Friday reported a consolidated net profit of Rs 2,234 for the third quarter ended December 31.



Zee Media Bureau

New Delhi: The country's largest lender, State Bank of India, on Friday reported a consolidated net profit of Rs 2,234 for the third quarter ended December 31.

The bank had a net profit of Rs 3,396 crore in the same period previous fiscal.

For the second quarter ended Sept 30, bank's net profit stood at Rs 3,133 crore. The bank's NPA was recorded at 3.24 percent compared to 2.59 percent year ago.

SBI shares fell over 2 percent after the quarterly results.

From Zee News

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