slippages

NEW DELHI: State Bank of India (SBI) is likely to report a 50 per cent year-on-year (YoY) surge in its December quarter net profit on a single-digit growth in net interest income (NII). Net interest margin (NIM) is seen flat year-on-year…

State Bank of India’s (SBI) net profit for the third quarter ended December rose 62.327% to ₹8,432 crore on account of an increase in interest income and lower provisioning due to better asset quality. It was SBI’s highest quarterly…

has pinned hopes on a faster economic recovery despite the second surge in Covid 19 cases even as it grapples with higher slippages more than a year after a government backed bail out led by . CEO Prashant Kumar said he expects the economy…