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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.
The ratio of income of 'P' to that of 'Q' is 3:4. Sum of their expenditures is Rs. 72,000. Savings of 'P' is 25% more than that of 'Q'. Expenditure of '...
If the income of Raj is doubled and his expenditure remains the same, then he saves Rs. 50,000 more than his original savings. What will be the saving...
The sum of the income of Raj and Roni is Rs. 168000. A spends 50% of his income and B spends 75% of his income in such a way that B’s saving is Rs. 90...
Monthly income of Sneha is Rs. 32,000 and the ratio of her monthly expenditure to monthly savings is 4:4 respectively. If the average monthly savings of...
Bharti's income is 30% higher than Amisha's income, which is Rs. 8000. Bharti spends 25% of his income, and the ratio of Amisha's...
The incomes of Rohan, Mohan, and Sohan are in the ratio 8:6:5, while their savings are in the ratio 4:3:2. If Mohan saves Rs 24,0...
Satyam and Aman have monthly salaries, including savings and expenditure, in the ratio 8:11. Aman's monthly savings are Rs. 12,000, and Satyam's savings...
If the monthly salary of Ramesh is (80/4)% more than that of Suresh, then how much percent less is Suresh’s monthly salary compared to Ramesh’s sala...
'B' distributes 65% of his total earnings among his father, mother, and sister in the ratio of 5:4:3. If his sister's share is Rs. 1,950, what is B's to...