As sentiment improves, SBI raises credit growth target

State Bank of India has boosted its credit growth forecast to 13-15% for the fiscal year, citing strong momentum and broad-based growth across retail, agriculture, SME, and corporate segments. The bank reported a record quarterly profit of Rs 21,028 crore, driven by diverse income streams and efficient cost management.

As sentiment improves, SBI raises credit growth target
State Bank of India has boosted its credit growth forecast to 13-15% for the fiscal year, citing strong momentum and broad-based growth across retail, agriculture, SME, and corporate segments. The bank reported a record quarterly profit of Rs 21,028 crore, driven by diverse income streams and efficient cost management.