SBI reports 436% jump in profit to â¹2,000 crore
India's largest lender SBI on Friday reported a 436% increase in profit to â¹2,006 crore in its first quarterly result after merger with its associate subsidiaries and Bharatiya Mahila Bank (BMBL). The profit stood at â¹374 crore in the same period last fiscal. However, net profit fell over 20% on a stand-alone basis, which excludes its erstwhile subsidiaries and BMBL.