The largest general lender in the country, the State Bank in India (SBI), has a 10 percent decrease in the independent net profit of the Q4FY25 at 18,642.59 rupees compared to 20,698.35 rupees in the corresponding period of last year. The net interest revenues at the Public Sector Bank reached 42,774 rupees.
The state’s operating profit for the state -run -up lender for the fiscal year is 25 Kah rupees, and grew by 17.89 percent on an annual basis (YOY) to 1,10,579 rupees, while the operational profits of Q4FY25 grew by 8.83 percent to 31,286 rupees.
The bank’s net profit for the fiscal year reached 250 rupees, and witnessed a growth of 16.08 percent on an annual basis. The total non -performance assets (NPA) reached 1.82 percent and improved by 42 basis points. The net NPA rate was at 0.47 percent improved by 10 billion Berr.
The bank reviewed its credit growth instructions for the fiscal year 26 to 12-13 %, a decrease from the previous projection of 14-16 %. SBI said a clear interest look (NIM) is still linked to the interest rate course and expects more cash dilution in the next seasons.
CS Setty, head of the State Bank in India, said that credit growth is still good in all sectors, although there is some moderation. He added that the bank continues to show the quality of the leading assets in the industry.
The lender announced the distribution of profits of $ 15.90 per share for the fiscal year ending March 31, 2025, with a record date of May 16 and the payment scheduled for May 30.
The Board of State of the State of India also plans to collect up to 25,000 rupees by issuing shares in the fiscal year 2025-26 by setting qualified institutions (QIP), the general follow-up or other approved methods, mortgaging organizational approvals.
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