DelhiDesk State Bank of India (SBI) has reported a standalone net profit of INR 16,694.51 crore ($2.25 billion) in the March quarter, an increase of 83.18% from the same period last year. The bank’s net interest income also rose 29.5% to INR 40,392.50 crore in the quarter. SBI has recommended a dividend of INR 11.30 per equity share for FY23, to be paid on 14 June 2023.

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Here is the news bullets sorted by DelhiBreakings.com team.

– SBI’s standalone net profit for Q4 has increased by 83.18 percent to Rs 16,694.51 crore
– Net interest income of SBI has increased by 29.5 percent to Rs 40,392.50 crore in Q4
– SBI recommended a dividend of Rs 11.30 per equity share for FY23
– SBI’s online and UPI services were affected due to server down
– SBI launches special FD with 7.60 percent interest
– SBI Mutual Fund launches new NFO with earning opportunity
– Women can get home loan discounts from SBI and other banks
– SBI Amrit Kalash Deposit FD scheme offers strong benefits
– Minimum balance must be maintained in SBI, PNB, HDFC, and ICICI accounts to avoid charges
– Customers can use SBI’s Missed Call Banking for various services
– Bank and Post Office interest rates compared, find out where to get more interest.

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