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SBI posts worst quarterly profit in 2 years; net plunges 35%

Last Updated: Wednesday, November 13, 2013, 13:03

State Bank of India posted its steepest fall in quarterly net profit in more than two years due to worsening asset quality and a slump in treasury operations.

SBI to name subsidiary for merger by Sept-end

Last Updated: Monday, August 12, 2013, 20:40

State Bank of India on Monday said it will announce the name of its associate bank for merger by the end of next month, and would prefer an associate which is weak on deposit front.

SBI shares tank 4% post Q1 results

Last Updated: Monday, August 12, 2013, 19:32

Shares of State Bank of India Monday fell by 4 percent after it reported 13.6 percent decline in standalone net profit for the quarter ended June 30, 2013.

SBI Q1 profit falls 13.6%; shares battered on BSE

Last Updated: Monday, August 12, 2013, 13:11

Total income increased to Rs 36,192.62 crore in the quarter, from Rs 32,415 crore in the same period a year ago.

SBI sees FY'13 net profit at Rs 14,000-15,000 cr

Last Updated: Monday, March 04, 2013, 15:09

"For SBI we got an allocation of 3,000 crore this year (capital infusion by the government) and we expect to make a net profit of another Rs 14,000-15,000 crore of net profit this year," State Bank of India (SBI) Chairman Pratip Chaudhuri told a television channel.

SBI expects profit of Rs 14,000-15,000 cr in FY13

Last Updated: Tuesday, January 22, 2013, 16:07

State Bank of India expects a net profit of up to Rs 15,000 crore in this fiscal, against Rs 11,700 crore in the last financial year.

SBI net up 30% at Rs 3,658 crore; asset quality deteriorates

Last Updated: Friday, November 09, 2012, 13:09

State Bank of India on Friday posted a 30.16 percent jump in net profit at Rs 3,658.14 crore during the second quarter of current fiscal.

SBI consolidated Q3 net rises 16.3% to Rs 4,318 cr

Last Updated: Monday, February 13, 2012, 15:55

State Bank of India on Monday reported 16.3 percent increase in consolidated net profit at Rs 4,318.08 crore for the third quarter ended December 31, 2011.

SBI hopes to see net profit grow to Rs 2,500 crore in Q2

Last Updated: Tuesday, August 16, 2011, 13:27

Having posted a decline in profit for two successive quarters, State Bank of India (SBI) hopes to clock an increase in its bottomline to Rs 2,500 crore in the second quarter on account of lower provisioning against bad loans.

SBI Q1 profit down 45.6% to Rs 1,584 cr

Last Updated: Saturday, August 13, 2011, 13:45

Country's largest lender State Bank of India (SBI) on Saturday reported a 45.6 percent fall in standalone net profit at Rs 1,584 crore for the first quarter of this fiscal due to higher provisioning for bad loans and depreciation on investments.