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SBI Q3 net up 4% at Rs 3,396 cr

Last Updated: Thu, Feb 14, 2013 07:21 hrs
SBI expects 18-19 pct credit growth in 2011/12 - exec

State-owned lender State Bank of India reported a 4% increase in net profit at Rs 3,396 crore for the quarter ended December 2012. It was Rs 3,263 crore in December 2011.

The gross NPA for the quarter under review was 5.30% as against 5.15% in September 2012.

The net NPA was at 2.59% as compared to 2.44% in September 2012.

The capital adequacy ratio was 12.21% while it was 12.63% in the previous quarter.



The lender's stocks were trading almost 2% lower on BSE at Rs 2,212 apiece.

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