SBI Q1 Results: State Bank of India Net Profit Down by 6% YoY at Rs 6,068 Crore

SBI Q1 FY23 Results: India’s largest public sector lender State Bank of India on Saturday reported a drop in net profit by 6.07 per cent at Rs 6,068 crore in Q1 FY23 as against Rs 6,504 crore in Q1 FY22. The Net interest Income, or NII for the quarter under review stood at Rs 31,196, an increase of 12.87 per cent as against Rs 27,638 during the quarter ended June 30, last year.

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