UPDATE 3-India’s SBI profit lifted by stake sale in boost to shares
State Bank of India
said on Friday its quarterly net profit had risen by
327% to 35.81 billion rupees ($474 million) after a one-off gain
from the sale of its stake in SBI Cards and Payment Services,
lifting its shares by as much as 9%.
said on Friday its quarterly net profit had risen by
327% to 35.81 billion rupees ($474 million) after a one-off gain
from the sale of its stake in SBI Cards and Payment Services,
lifting its shares by as much as 9%.
Posted by Reuters
