SBI’s Profit Beats Estimates on Loan Growth, One-Time Gain
State Bank of India reported better-than-expected profit in the fiscal second quarter, as the country’s biggest lender by assets saw strong credit growth and booked a one-time gain from a sale of shares in its funds management unit earlier in the year.
<p>State Bank of India reported better-than-expected profit in the fiscal second quarter, as the country’s biggest lender by assets saw strong credit growth and booked a one-time gain from a sale of shares in its funds management unit earlier in the year.</p>