Mumbai, Oct 31 (Inditop.com) India’s largest lender State Bank of India (SBI) Saturday said its net profit for the quarter ended Sep 30 rose 10.19 percent to Rs.2,490 crore from Rs.2,260 crore in the like period of last fiscal.
The state-owned bank said its total income for the quarter under review was up 14.19 percent at Rs.17,776 crore as compared to Rs.15,567 crore in the quarter ended Sep 30, 2008 .
SBI, which controls about 25 percent of the total loans and deposits in the country, also said gross non-performing assets rose 1.73 percent in the second quarter as against 1.34 percent a year earlier.
