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SBI Q2 profit jumps 3-fold to Rs 3,012 cr

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Public sector State Bank of India on Friday posted 281 per cent jump profit for the September quarter to Rs 3,011.73 crore. The lender had posted a profit of Rs 944.87 crore in the same quarter last year.Analysts in an ET NOW poll had projected a profit of Rs 2,345 crore.Reacting to the earnings numbers, shares of the lender jumped nearly 5 per cent to Rs 275.65.

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