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July 29, 2007

State Bank Of India Net surges amost 80 percent

>First it was Releiance Industries next its State bank of India , which will make the market to think if its can get hold of Bear or Bull infact its ok if it gets hold of Bear but not crash on it , SBI gave net profit of Rs 1425.81cr up by 78.54 percent .
Net Profit : Its first quarter standalone net profit of Rs 1425.81 crore as against Rs 798.57 crore in corresponding quarter of previous year.
Net Interest rIncome
Standalone net interest income increased to Rs 4,497.39 crore (Rs 44.97 billion) versus Rs 3,884.09 crore (Rs 38.84 billion).

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Posted by rupya at July 29, 2007 8:44 PM