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SBI’s quarterly performance improves with higher profit and stable asset quality
SBI reported higher quarterly profit and improved asset quality, lifted by stronger loan growth and stable credit performance during Q2.
State Bank of India reported a strong second quarter performance with standalone net profit rising 10% year-on-year to ₹20,160 crore. Net interest income increased 3.3% to ₹42,984 crore, supported by loan growth despite margin pressure.