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SBI Apr-Dec net interest margin 4.05 pct
An employee sorts rupee notes at a cash counter inside a bank in Agartala February 18, 2010.
Credit: Reuters/Jayanta Dey/Files
MUMBAI |
MUMBAI (Reuters) - State Bank of India (SBI) said on Monday its net interest margin in the nine months to December 2011 was 4.05 percent, up from 3.61 percent in the same period a year earlier.
SBI beat market expectations with a 15 percent rise in fiscal third-quarter net profit as interest income rose.
(Reporting by Swati Pandey)
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