State Bank of India has revealed that they have made a profit of 357.5 million Rufiyaa last year.
Bank’s financial report shows that they made 145.1 million Rufiyaa as profit from service charge and deposit fees. Also it shows that, they made 443.8 million Rufiyaa as profit from branches in the Maldives.
SBI is the oldest bank in Maldives. Their records show that the profits from Maldives increased by 147.8 million Rufiyaa. In 2015, the bank made a profit of 296 million Rufiyaa from Maldives.