SBI Q3 Results, Feb. 9 -- India's largest lender State Bank of India (SBI) will be in focus on Monday, February 9, after reporting its highest-ever standalone quarterly profit for the December quarter of FY26.
The public sector banking major posted a 24.5% year-on-year jump in standalone net profit to Rs.21,028 crore in Q3 FY26, compared with Rs.16,891.44 crore in the same quarter last year. The strong performance was supported by steady core income growth, a sharp improvement in asset quality and a one-time boost from its IPO-bound asset management arm.
On a standalone basis, a special dividend from SBI Mutual Fund played a key role in lifting profitability. The asset management subsidiary, which is preparing for an initial public offe...
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