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)..

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which increased to a high of 622.70 before profit-booking reduced some of the gains..

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The shares increased 3.37 percent from the previous close to complete the day at 613.75...

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At the closing of trading on Monday, the benchmark index, the BSE Sensex, increased 0.39 percent to 61,185.15 points..

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The increase in SBI share price was ascribed by analysts to the bank announcing its highest-ever quarterly profit..

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for the period of July to September in 2021–22 at 13,265 crore...

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Strong loan book growth, increased interest revenue, and lower bad loan provisions all contributed to SBI's record profit...

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The largest bank in the nation reported total earnings of 88,734 crores for the reviewed period..

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an increase from 77,689.09 crores in the July-September quarter of the previous fiscal year.

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