SBI's Q1 Net Profit Rises 10% Year-on-Year, Exceeding Estimates on Loan Growth

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Banking

9 August 2026 at 12:53 am

SBI's Q1 Net Profit Rises 10% Year-on-Year, Exceeding Estimates on Loan Growth

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Summary

State Bank of India reported a 10% year-on-year increase in net profit for the June quarter, surpassing Street estimates, driven by strong loan growth and a 15% rise in net interest income.

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