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flag SBI, India's largest bank, reports a 10% drop in net profit but sees growth in income and improved asset quality.

flag State Bank of India (SBI), India's largest bank, reported a 10% drop in standalone net profit for the quarter ending March 2025, to ₹18,643 crore, compared to ₹20,698 crore in the same period last year. flag Despite the decline, total income increased to ₹1,43,876 crore, up from ₹1,28,412 crore. flag Gross non-performing assets improved to 1.82% from 2.24%. flag SBI's board declared a dividend of ₹15.90 per equity share and plans to raise up to ₹25,000 crore in equity capital during 2025-26.

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