01-01-1970 12:00 AM | Source: Reuters
India`s top lender SBI posts 83% jump in Q4 profit
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/05/b0440605f16489e43de93b3eb8fd2244.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
State Bank of India, the country's largest lender, on Thursday reported a more than 83% jump in fourth-quarter profit, led by a sharp drop in provisions on bad loans and healthy credit growth.
Net profit was 166.95 billion rupees ($2.04 billion)for the quarter ended March 31, compared with 91.14 billion rupees a year earlier, the lender said in an exchange filing.
($1 = 81.7800 Indian rupees)
Latest News
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
Insurance Sector Update : Motor drags down overall g...
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
Sell Gold Below 72700 SL Above 72950 TGT 72400/72100...
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
Wipro shares nosedived over 9 pc after missed earnin...
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
Economic Survey links mental health disorders with '...
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
India's GDP growth for FY25 to surpass Economic Surv...
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
Evening Roundup : A Daily Report on Bullion Energy &...
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
FIIs stood as net buyers in equities as per July 22 ...
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
Union Budget: Experts urge government to remove 18 ...
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
Poonawalla Fincorp AUM up 52% YoY to Rs 26,972 crore...
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Sensex ends lower ahead of Union Budget 2024-25