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State Bank of India's Q2 net profit surges 3 times, NPAs decline

Updated : October 25, 2019 03:38 PM IST

India's largest public lender reported strong set of numbers on Friday with net profit surging 218 percent year-on-year (YoY) to Ra 3,011.73 crore as against Rs 944.87 crore in the corresponding quarter last year.
Net interest income during the July-September quarter plunged 77.95 percent YoY to Rs 4,609.32 crore as compared to Rs 20,905.69 crore in the same quarter last year. 
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