State Bank of India reported a 14% rise in its net profit for the third quarter of financial year 2011. Its PAT came in at Rs 2,828 crore over Rs 2,479 crore reported in Q3FY10 despite increase in provisions by Rs 1,797 crore (84.02%).
OP Bhatt, chairman of the State Bank of India in an interview on CNBC-TV18 spoke about what he is expecting from the credit policy and his banks results. On the RBIDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
