SBI's Q2 standalone net profit slumps over 40% on year

Last Updated: Mon, Nov 05, 2018 17:47 hrs

Mumbai: State Bank of India on Monday reported an over 40 per cent on-year decline in its standalone net profit for the quarter ended September 30.

According to the state-run lender, its net profit in the three months through September fell to Rs 944.87 crore from Rs 1,581.55 crore in the same period of the last fiscal year.

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