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State Bank of IndiaResults, 06-02-2025: Integrated Filing- Financial

06-02-2025 | 03:19 pm

State Bank of India has announced a board meeting to consider the financial results for the quarter and nine months ended December 31, 2024. Key highlights include total interest earned of ₹1,17,427 Crore and net profit of ₹16,891 Crore, which represents a decrease from ₹18,331 Crore in the same period last year. The bank reported a capital adequacy ratio of 13.03% and maintains a healthy provision coverage ratio of 74.66%. Investors may view the results as reflecting profitability challenges and potential risks, but the bank's strong capital position could provide a buffer for future growth opportunities.

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