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August 13, 2011

SBI sees net interest margin above 3.5% in FY12 company result


State Bank of India’s (SBI) net profit fell 45.7% to Rs 1,584 crore in the first quarter of FY12. However, its net interest income (NII) rose nearly 33% to Rs 9,699 crore.....



State Bank of India’s (SBI) net profit fell 45.7% to Rs 1,584 crore in the first quarter of FY12. However, its net interest income (NII) rose nearly 33% to Rs 9,699 crore.

The management of India’s largest lender said that the Q1 net interest income is at an all time high.




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