OSE Second Quarter Results: The country’s largest government bank SBI has released the results for the second quarter of the current financial year 2024-25. This government bank on Friday said its standalone net profit in the September quarter was Rs 18,331.44 crore, up 28 per cent. It was Rs 14,330 crore in the same period a year ago. SBI’s profits have risen more than analysts estimated. State Bank of India’s interest income rose 12.3 per cent to Rs 1.14 lakh crore. Demand for loans at SBI also remains strong.
stock drop
On Friday, SBI shares were seen trading lower. Shares of State Bank of India were trading at Rs 847.15, down 1.41 per cent or Rs 12.10 on the Bombay Stock Exchange on Friday afternoon. The 52-week high of this stock is Rs 912.10. While the 52-week low is Rs 555.25. The market capitalization of the bank was Rs 7,53,907.28 crore on BSE.
Latest business news
