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SBI Q2 profit up 10% to ₹20,160 crore, boosted by YES Bank stake sale
BusinessLine· 2025-11-05 00:40
The country’s largest lender, State Bank of India, on Tuesday reported a 10 per cent year-on-year (y-o-y) rise in net profit for the quarter ended September at ₹20,160 crore. This was led by one-time gain of ₹4,593 crore following SBI’s stake sale in YES Bank. In September, SBI divested its 13 per cent stake in YES Bank to Japanese lender Sumitomo Mitsui Banking Corp (SMBC) for ₹8,889 crore. SBI continues to hold around 11 per cent stake in YES Bank currently and is yet to consider further stake sale in YES ...