Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 198)
198.
What was the year-on-year (YoY) increase in State Bank of India's (SBI) standalone net profit during the first quarter of FY24?
178%
100%
50%
5%
Answer: Option
Explanation:
In the first quarter of FY24, the State Bank of India's standalone net profit witnessed a remarkable 178% year-on-year (YoY) growth, driven by a substantial rise in other income, robust net interest income, and reduced loan loss provisions.
Discussion:
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