SBI's Q4 profit jumps on gain from card unit sale

State Bank of India the country's largest lender by assets, reported a more than four-fold jump in profit for the fourth quarter on Friday, driven by a one-time gain from a stake sale in its credit card unit. Net profit for the three months ended March 31 jumped to Rs 3,581 crore ($474.46 million) from Rs 838 crore a year earlier, SBI said in a regulatory filing.

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