State Bank of India Posts Strong Second-Quarter Profit Growth
State Bank of India announced a better-than-expected net income for the fiscal second quarter, driven by robust credit expansion. According to the Mumbai-based financial institution, net income rose 14% compared to the previous year, reaching 230.4 billion rupees, equivalent to $2.4 billion, during the three-month period that concluded on September 30.
Originally published by Bloomberg Business | By Siddhi Nayak | 3 November 2026 | Read original: https://www.bloomberg.com/news/articles/2026-11-03/sbi-s-strong-loan-growth-drives-second-quarter-profit-beat
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