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SBI net rises 14% to 23k crore, shares slip 1.8% - The Times of India
State Bank of India's Q2FY27 net profit rose 14.3% to Rs 23,038 crore, driven by a 14.7% increase in net interest income to Rs 49,143 crore and lower loan loss provisions. Net interest margin improved to 3.1% from just over 3% a year ago, while loan loss provisions fell 33% to Rs 2,759 crore as asset quality improved.
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