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SBI net profit up by 52% in Q3

State Bank of India has posted Rs 2,478-crore net profit for the quarter ended December 31,2008 on standalone basis,compared with Rs 1,808.64-crore in the year-ago period.

Written by Agencies | Mumbai |
January 24, 2009 1:45:06 pm

State Bank of India has posted Rs 2,478-crore net profit for the quarter ended December 31,2008 on standalone basis,compared with Rs 1,808.64-crore in the year-ago period.

The consolidated net profit of the country’s largest lender zoomed by 52 per cent to Rs 3,713.66 crore.

Total income of the bank rose to Rs 21,255.90-crore during the quarter from Rs 15,364-crore in the same period last fiscal.

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