State Bank Of India (SBI) Share price
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The trading day began well for the shares of State Bank of India (SBI)..
which increased to a high of 622.70 before profit-booking reduced some of the gains..
The shares increased 3.37 percent from the previous close to complete the day at 613.75...
At the closing of trading on Monday, the benchmark index, the BSE Sensex, increased 0.39 percent to 61,185.15 points..
The increase in SBI share price was ascribed by analysts to the bank announcing its highest-ever quarterly profit..
for the period of July to September in 2021–22 at 13,265 crore...
Strong loan book growth, increased interest revenue, and lower bad loan provisions all contributed to SBI's record profit...
The largest bank in the nation reported total earnings of 88,734 crores for the reviewed period..
an increase from 77,689.09 crores in the July-September quarter of the previous fiscal year.
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