BENGALURU, Aug 4 (Reuters) - State Bank of India SBI.NS, the country's largest lender by assets, reported a record quarterly profit on Wednesday, helped by a sharp drop in provisions for soured assets.
Net profit rose 55% to 65.04 billion rupees ($876.79 million) for the three months ended June 30, from 41.89 billion rupees a year earlier, the lender said in a regulatory filing.
($1 = 74.1800 Indian rupees)
(Reporting by Chris Thomas in Bengaluru; Editing by Sriraj Kalluvila)
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