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SBI net profit up by 20 percent during 2014-15

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10 years ago

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Kolkata: State Bank of India (SBI) on Friday said its net profit during the 2014-15 fiscal increased by over 20 percent at Rs.13,102 crore against Rs.10,891 crore during 2013-14 along with an improvement in asset quality.

India’s largest commercial bank’s net interest income during the review period rose by over 12 percent at Rs.55,015 crore compared to the earnings of Rs.49,282 crore in the 2013-14 fiscal.

Operating profit surged by over 21 percent at Rs.38,914 crore during 2014-15 against Rs.32,109 crore in the corresponding period of the previous fiscal.

The provision coverage ratio in its asset quality for the 2014-15 fiscal stood at nearly 63 percent. The gross non-performing assets till March 2015 declined by nearly 8 percent at Rs.56,725 crore compared to Rs.61,605 crore in March 2014.

The bank said the net profit of all of its associate banks increased by over 15 percent from Rs.2,777 crore in 2013-14 to Rs.3,200 crore in 2014-15.

The net profit of all non-banking subsidiaries increased by nearly 13 percent from Rs.1,361 crore during 2013-14 to Rs.1,534 crore during the 2014-15 fiscal.

Its investment banking subsidiary, SBI Capital Markets Ltd., registered an increase of over 27 percent in its net consolidated profit at Rs.334 crore in the review period compared to Rs.262 crore during 2013-14.

During the first three months of the current year, the bank’s net profit soared by over 23 percent at Rs.3,742 crore compared to Rs.3,041 crore in the like period of the previous year.

Net interest income in the same period also rose by over 14 percent at Rs.14,711 crore against Rs.12,903 crore in January-March 2014.

The operating profit of the bank during January-March 2015 increased by nearly 17 percent at Rs.12,409 crore in comparison to Rs.10,628 crore in the corresponding period a year ago.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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