About this document
SBI FY11 Standalone Financial Results by Sanjay Bhardwaj is a document available to read on EtoBox.
- SBI reported a 38.29% year-over-year growth in operating profit for fiscal year 2010-2011, driven by a 37.41% increase in net interest income. However, net profit declined 9.84% due to higher provisions for pensions, gratuity, and loan losses. - Total business grew by Rs. 2,60,139 crores for the year with deposits up 16.14% and advances up 20.32%. CASA deposits increased 22.14% while retail, SME, agriculture, and corporate advances all increased between 19-23%. - Asset quality slightly deteriorated wit
- Author
- Sanjay Bhardwaj
- Language
- EN