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The profit growth was mainly due to improvement in its net interest margins and a sharp decline in loan loss provisions. SBI reported its highest-ever quarterly net profit of Rs 9,114 crore for the January-March quarter (Q4FY22), rising 41.28% compared with the same period last year. The bank also reported its highest-ever yearly net profit of Rs 31,676 crore in FY22, which was up 55 per cent from FY21. The board of directors recommended a dividend of Rs 7.1 per equity share (710%) for 2021-22. The lender’s net interest income (NII) expanded by 15.26% to Rs 31,198 crore in Q4FY22 from Rs 27,067 crore in Q4FY21. The Net Interest Margin (NIM) for domestic operations improved to 3.4% for Q4FY22 from 3.11% in Q4FY21. The bank’s non-interest income declined by 26.77 per cent year on year (YoY) to Rs 11,880 crore in Q4FY22. Advances increased by 11 per cent to Rs 28.18 trillion at the end of March 2022. Domestic retail loans expanded by 15.11 per cent YoY to Rs 10.02 trillion. The domestic corporate credit rose by 6.35 per cent to Rs 8.70 trillion. The asset quality profile improved with gross non-performing assets (NPAs) declining to 3.97 per cent as of March 31, 2022, from 4.98 per cent in March 2021. Its net NPA declined to 1.02 per cent in March 2022, down from 1.5 per cent a year ago.
Which of the following statements is / are true?
If in the number 86548246, 3 is subtracted to first four digit of the number and 1 is added to rest of the digits then how many digits are repeating in ...
The number of boys in a class is five times the number of girls. Which of the following numbers cannot represent the total number of children in the class?
Three bells ring at intervals of 28 seconds, 60 seconds, and 84 seconds, respectively. How many times will all three bells ring together in a span of 10...
'A' and 'B' together build a wall in 48 days. If 'A' builds the wall in 120 days, then find the time taken by 'B' to build the wall.
Vikas invested Rs. 12,000 at an annual compound interest rate of 30%, with the interest being compounded every 10 months. How much interest did Vikas ea...
If a sum invested at compound interest of 25% p.a., compounded annually becomes Rs. 18,750 after 2 years, then find the sum invested.
Difference between a number and its square root is 42. Find the number.
A child is half as efficient as a man. How much time do 8 children need to build a wall that is 60% the size of the wall built by the 12 men in 15 days?
A right circular cone has a radius of 9 cm and a height of 12 cm. Find the curved surface area of this cone.