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The State Bank of India has reported a 10% increase in net profit to Rs 3692 crore in the first quarter ending June 2015.
The net interest income or the difference between the interest earned and the interest expended rose 3.6% to Rs 13732 crore from Rs 13252.
The non interest income or the income generated from trading profits and fees levied to corporate and retail customers of the bank has increased to Rs 5088 crore from 4252 crore, up 19%.
The non-performing assets (NPA) of the bank stood at 4.3% against 4.9% a year ago.
