India's largest lender State Bank of India's (SBI) on Friday reported a forecast beating 30% year-on-year jump in its second quarter (July-September) net profit at around Rs 3,660 crore, aided by lower provisions against bad assets. However, the net interest income (NII) fell short of market expectation and rose 5.3% to Rs 10,973 crore.
first published: Nov 9, 2012 12:19 pm
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