![SBI records highest-ever Q1 profit at ₹16,884 cr; NII surges 25%](https://images.assettype.com/fortuneindia%2F2022-11%2F5c95edaa-d2d0-4278-b095-ab5ff5e8b826%2FSBI_05068_copy_2__1_.jpg?w=300&q=95)
SBI records highest-ever Q1 profit at ₹16,884 cr; NII surges 25%
SBI's gross NPA ratio was at 2.76%, down by 115 bps YoY, while the net NPA ratio was recorded at 0.71%, down 29 bps on a year-on-year basis
SBI's gross NPA ratio was at 2.76%, down by 115 bps YoY, while the net NPA ratio was recorded at 0.71%, down 29 bps on a year-on-year basis
The robust growth in Q3 FY23 has been attributed to strong growth in its core income and a reduction in provisions.