SBI Q4 net profit zooms 46%; declares FY dividend of 290%

State Bank of India, the country's largest lender reported 46 percent jump in fourth quarter net profit on higher interest revenues and operating income.

For the quarter to end-March, SBI reported a net profit of Rs27.42 billion from Rs18.83 billion as revenues increased to Rs220.61 billion from Rs163.94 billion a year ago.

SBI posted a full year net profit of Rs91.21 billion...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital Access

Subscribe

Moneylife Magazine Subscriber or MAS member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
  • 9 Cheap Stocks

    These are confusing times. A few months ago, the world was worrying that the US faces a 1930s kind of Depression. The market was assuming that we were headed for a worst-case scenario. The media was full of gloom and doom stories. Governments all over the world became desperate to get growth going by pumping hundreds of billions of dollars into the system. Many experts still doubt whether this...

    Premium Content
    Monthly Digital Access

    Subscribe

    Already A Subscriber?
    Login
    Yearly Digital Access

    Subscribe

    Moneylife Magazine Subscriber or MAS member?
    Login

    Yearly Subscriber Login

    Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
  • Faulty Audit System

    If people are naïve enough to believe that auditors will do their job diligently and protect the interests of shareholders and that their reports are sacrosanct, they are living in a fool’s paradise. The Companies Act 1956 has an idiotic provision that the auditor should be appointed at the AGM (annual general meeting). Everyone knows that even if all retail investors assemble at the AGM to...

    Premium Content
    Monthly Digital Access

    Subscribe

    Already A Subscriber?
    Login
    Yearly Digital Access

    Subscribe

    Moneylife Magazine Subscriber or MAS member?
    Login

    Yearly Subscriber Login

    Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
  • We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 3 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)