State Bank of India (SBI) today posted a decline of 31.92 per cent in its standalone net profit at Rs 1,867 crore in the March quarter as compared to Rs 2,742.31 crore reported during the quarter ended March 31, 2009.

However, total income of the bank increased marginally by 1.8 per cent to Rs 22,474.12 crore for the March 2010 quarter as compared to Rs 22,060.61 crore reported during the same period last fiscal.

Moreover, the income from interest for the quarter stood at Rs 17,965.59 crore as against Rs 17,342.39 crore in the same quarter a year ago...

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SBI Q4 net drops 32% to Rs 1,867 crore; declares dividend

Source: Dalal Street Investment Journal
Dalal Street Investment Journal