SBI expects burden of increased salaries, pensions to reach ₹26,000 crore by March
SBI's net profit fell 35% in the December quarter due to increased salaries and pensions, with the burden set to reach ₹26,000 crore by March. The bank reported a net income of ₹9,164 crore during October-December 2023, compared to ₹14,205 crore in the same period the previous year
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