|
At nearly Rs 21k crore, SBI posts highest ever profit in a quarter
![IndiaTimes]()
Thursday, 9 May 2024
SBI's profit is also the highest reported by any entity in this quarter. Reliance Industries posted a net profit of Rs 18,951 crore in Q4, while HDFC Bank, which was previously the most profitable lender, reported a profit of Rs 16,512 crore in the same period. SBI's FY24 net profit stood at Rs 61,077 crore - a growth of 22% over the previous year - after accounting for wage settlement and a one-time exceptional item of Rs 7,100 crore.
|
|
Thursday, 9 May 2024
