MarketData
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Credit Market
5 Sept 2023
State Bank of India Credit Analysis
Net Profit for Q1FY24 grew by 178.25% YoY to Rs 168.84 billion from Rs 60.68 billion during Q1FY23. Operating Profit for Q1FY24 grew by 98.37% YoY to Rs 253 billion from Rs 127.53 billion during Q1FY23. On quarterly basis, asset quality remained flat.
Subhasis Mishra
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