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SBI Q2 Results: Standalone profit rises 14% YoY to Rs 23,038 crore, NII jumps 15%

SBI Q2 standalone profit rose 14% YoY to Rs 23,038 crore with NII up 15%.

What happened: SBI reported its Q2 results, with standalone profit rising 14% year on year to Rs 23,038 crore and net interest income up 15% year on year to Rs 49,143 crore. Key numbers: Standalone profit Rs 23,038 crore, up 14% YoY. Net interest income Rs 49,143 crore, up 15% YoY. Why it matters: The results show growth in both profit and net interest income on a year on year basis.
SBI reported its Q2 results, with standalone profit rising 14% year on year to Rs 23,038 crore and net interest income up 15% year on year to Rs 49,143 crore.
The results show growth in both profit and net interest income on a year on year basis.
Sources