SBI stock increased by 0.3 percent to 61,185.15 points at close of trade on Monday . The benchmark index, which measures the sum of interest earned from loans given to customers and the interest paid to deposits, rose by 13% to Rs 35,183 crore during the period under review .
New Delhi: SBI's shares opened the day on a positive note, rising to Rs 622.70 before paring some of the gains on profit-booking.The SBI stock increased by 0.3 percent to 61,185.15 points at close of trade on Monday.The benchmark index, which measures the sum of interest earned from loans given to customers and the interest paid to deposits, rose by 13% to Rs 35,183 crore during the period under review, up from Rs 77,689.09 crore in the July-September quarter of the previous financial year.In the last quarters, the bank has seen a marked re-rating.This re-rating has been comforted by earnings increases boosted by lower credit costs.Featured Video Of The DayMinimum Support Price For 6 Crops, Including Wheat.