New Delhi [India], May 13 (ANI): The country's largest lender State Bank of India (SBI) on Friday reported Rs 9,113.53 crore net profit for the fourth quarter of 2021-22, 41.27 per cent higher than Rs 6,450.75 crore recorded in the corresponding period of the previous year.

Mumbai (Maharashtra) [India], February 5 (ANI): State Bank of India, the country's largest lender, on Saturday said its net profit surged 62.27 per cent to Rs 8,432 crore in the third quarter of the current financial year when compared with the corresponding period of the previous year.

Mumbai (Maharashtra) [India], January 22 (ANI): Private sector lender YES Bank on Saturday announced Rs 266 crore net profit for the third quarter of the current financial year, which is 76.8 per cent higher when compared with Rs 151 crore profit recorded in the corresponding quarter of last year.

Chennai Oct 28 PTI Public sector Indian Bank on Thursday said the bank reported standalone net profit of Rs 108917 crore for the quarter ending September 30 2021 as against Rs 41228 crore during the same period last year The city-headquartered banks standalone net profit for the six-month period ending September 30 2021 grew to Rs 227083 crore from Rs 78154 crore registered a year ago The standalone total income for the quarter under review stood at Rs 1144041 crore as against Rs 1161590 crore in the corresponding quarter previous year For the half year ending September 30 2021 the total income grew to Rs 2288469 crore from Rs 2310301 crore in the same period last fiscal In a statement the bank said the mantra of the bank is Customer-Centric Digitisation and Increased Earnings Focus areas continue to be on improving CASA quality advances increase in fee-based income improving collection efficiency recovery of NPAs and digitisation Advances grew by five per cent to Rs 385730 crore during the quarter from Rs 365896 crore a year ago primarily driven by the growth in RAM sector 13 per cent of which growth was in retail 14 per cent agriculture 16 per cent and MSME micro small and medium enterprises eight per cent the statement said The total business grew by eight per cent and it was Rs 937202 crore in September 2021 against Rs 867852 crore in September 2020 Sequentially it increased by one per cent the statement said Gross NPA non-performing asset was at 956 per cent of gross advances as on September 2021 brought down by 33 basis points year on year and 13 basis points quarter on quarter The net NPA ratio stood at 326 per cent at September 30 2021 as against 296 per cent in September 2020 Fresh slippages were lesser at Rs 3952 crore compared to Rs 4204 crore in the first quarter The fresh slippages were high due to corporate loans and crop loans The cash recovery was higher at Rs 831 crore during the quarter under review the statement added PTI VIJ NVG NVG

New Delhi [India], August 31 (ANI): GDP data for the first quarter 2021-22 reaffirms the government prediction of an imminent V-shaped recovery, said Chief Economic Advisor (CEA), Krishnamurthy Subramanian, on Tuesday.