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SBI Q1FY24 profit jumps 178% YoY to Rs 16,884 cr; NII surges 25%

SBI Q1FY24 profit jumps 178% YoY to Rs 16,884 cr; NII surges 25%

Aug 05, 2023, at 03:36 am

Mumbai: State Bank of India (SBI), the largest bank in India, surpassed market expectations with a massive 178.24% year-on-year (YoY) surge in its profit for the June 2023 quarter to Rs 16,884 crore.