Browsing: SBI

Sector-wide profitability grew both YoY and sequentially, driven by steady to rising product pricing and stable to falling raw material prices. Four public sector banks, including the largest lender in the nation, State Bank of India, were among the 40 businesses.

State Bank of India (SBI) released its results for the first quarter (Q1) of this year (FY23). The bank generated profits but did not reach the market estimations. The public sector bank talks about government securities and their impact on their performance.