SBI posts record $9.2 billion profit in FY25, driven by digital...

Dununu.com Dununu

Patrocinado

SBI posts record $9.2 billion profit in FY25, driven by digital cohort

RSS Feed Business

Postado

92

State Bank of India reported record profits driven by its digital banking platform, YONO, despite a relatively small digital user base. While YONO contributes significantly to loan disbursements and transactions, SBI faces challenges in converting its vast legacy customer base to digital platforms. Experts suggest optimizing digital adoption and phasing out underutilized physical infrastructure to enhance efficiency and market valuation.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

India’s skill education divide: Which states are leading in school-based vocational learning?

Por 0 1

Stay tuned! India may soon get satcom services by year-end; Starlink, Jio-SES, Eutelsat secures final nod

India anticipates the commercial launch of satellite communication services as early as December,...

Por 0 6

Air India crash: Report may explain what went wrong; peek into final moments expected

Por 0 11

Aiming to keep inflation at 5% in upcoming fiscal year: NRB Governor

KATHMANDU: Nepal Rastra Bank (NRB) has set a target to contain inflation at 5 percent for the...

Por 0 12

Watch: Footage shows Ukrainian intel officer being shot dead by masked man

A Security Service of Ukraine (SBU) employee, identified as Colonel Ivan Voronych, was fatally...

Por 0 20