SBI net profit dips 10% to Rs 18,643 crore
- Posted on May 3, 2025
- By Financial Express
- 1 Views
SBI net profit dips 10% to Rs 18,643 crore
SBI reports a 10% YoY drop in Q4 net profit to Rs 18,643 crore due to higher bad loan provisions. Despite the dip, earnings beat estimates. Credit growth forecast lowered, NIM under pressure, and dividend of Rs 15.90 declared. Board approves fundraising up to Rs 25,000 crore in FY25.
