SBI Q2 Net Profit Seen Rising 45% on Stake-Sale Gains
Broking-firm estimates point to higher standalone net profit, supported by net interest income and other income, including gains from share sales in SBI Mutual Fund and NSE.
State Bank of India’s second-quarter standalone net profit is expected to benefit from healthy growth in net interest income and other income, driven by stake-sale gains from share sales in SBI Mutual Fund and NSE.Consensus estimates by broking firms suggest that India’s largest bank could post abo…