SBI net profit rises 14.3% to Rs 23,038 crore on one-time gain

State Bank of India on Tuesday posted a 14.3% rise in net profit to Rs 23,038 crore.
Net interest income rose 15% to Rs 49,143 crore, while provisions fell to Rs 4,217 crore.
SBI booked a one-time gain of Rs 7,288 crore in the quarter, boosting its reported earnings.
Operating profit slipped 1.4% to Rs 26,937 crore despite the higher core income.

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