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SBI posts 4 percent rise in Q3

Posted on Feb 14, 06:57PM | IBNS

Mumbai, Feb 14 : State Bank of India (SBI) posted a 4 percent rise in the third quarter net profit year-on-year, the largest lender of India said on Thursday.

The Net profit of the bank for the third quarter of Oct to Dec 2012 is Rs 3,263 crore.

According to SBI, the total provisioning stood at Rs 4,394.70 during the Q3, which is a rise from Rs 3,996.97 crore in the corresponding period last year.