Dividends

State Bank of India Reports Record Annual Profit of ₹80,032 Crore for FY24

News Desk17 hours ago03 mins

State Bank of India (SBI), the nation’s largest lender, announced its financial results for the fiscal year ending March 2024 on Thursday, reporting a 13 percent increase in annual net profit to a record ₹80,032 crore. For the final quarter of the fiscal year, the bank posted a net profit of ₹19,684 crore, marking a…

Bank of Baroda Reports 11% Profit Growth in Q4 Amid Robust Lending Demand

News Desk17 hours ago03 mins

Bank of Baroda (BoB), one of India’s leading public sector lenders, reported an 11% year-on-year increase in its standalone net profit to ₹5,616 crore for the quarter ending March 31, 2024. The state-owned bank announced these fiscal results at its headquarters in Vadodara, citing strong core income growth and improved asset quality as primary drivers…