Shares of State Bank of India Ltd. will be in focus during Friday’s trading session after the country’s largest lender reported a December quarter profit beat due to lower credit costs, but a miss on net interest margin (NIM) and operating expenses (opex). Company Value Change %Change SBI’s asset quality remained strong, with a quarter-on-quarter […]
SBI Q3 Results: Net Interest Income misses expectations, asset quality stable – CNBC TV18
India’s largest lender State Bank of India Ltd. (SBI) reported results for the October-December period on Thursday, February 6. Company Value Change %Change Net Interest Income or core income of the lender increased by 4.1% from the same quarter last year to ₹41,446 crore. A CNBC-TV18 poll had projected the figure to be ₹42,592 crore. […]