SBI Q2 net profit jumps 67% to Rs 7,627 cr

Country’s largest public lender, State Bank of India (SBI), on Wednesday reported a 67% rise in net profit at Rs 7,627 crore for the July-September quarter of fiscal year 2021-22 as against Rs 4,574 crore in the corresponding period of last year.

Total income increased 3% at Rs 77,689 crore as against Rs 75,342 crore in year-ago period.

At 1350 hours on Wendesday, SBI stock was trading 1% higher at Rs 527.25.

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