August 30, 2020
State Bank of India (SBI) touts strong ‘immunity’ as profit surges in pandemic
![State Bank of India (SBI) touts strong ‘immunity’ as profit surges in pandemic 1 State-Bank-of-India](https://economicbuddy.com/wp-content/uploads/2022/08/State-Bank-of-India-SBI-touts-strong-immunity-as-profit-surges-in-pandemic-768x576-1-150x150.jpg)
State Bank of India (SBI.NS) (SBI) posted a sharp increase in net profit on Friday and provided a steady outlook for the coming quarters, even as the coronavirus crisis ravages the country’s economy. SBI’s results come as Indian lenders brace for a flood of potential loan defaults, with many small businesses finding it hard to