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SBI's September-quarter standalone profit rose 14.3% to Rs 23,038 crore, above the Street's Rs 22,619 crore, with net interest income up 14.7% to Rs 49,143 crore and gross NPAs at 1.39%. The profit includes about Rs 7,288 crore from selling part of its SBI Funds Management stake.
Prime Minister Narendra Modi inaugurated the Reserve Bank of India's Rs 169 crore data centre and Cybersecurity Training Institute in Bhubaneswar. He said modern wars also target economies and that the banking system must be protected from cyber terrorists.
Subhash Gupta4 min
The State Bank of India told the stock exchanges on Wednesday that a preliminary check of about 3.75 lakh records posted online found 3,897 with personal details. It says the incident has no material impact. It has not said whether affected customers have been told.
Amita Sahani4 min
