SBI’s Q1 profit rises over 55% to Rs 6,504 crore; shares rises over 4%
India’s largest public lender State Bank of India (SBI) on Wednesday reported a 55 per cent rise in its net profit at Rs 6,504 crore on a year-on-year (YoY) basis. The net profit in the corresponding quarter last year was Rs 4,189 crore. The public lender’s net interest income (NII) also gained by nearly 4 per cent…