SBI Q1 net profit plunges 78% to Rs 1,046 crore
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Aug 12, 2016, 20:21 PM IST
SBI Group Q1 net dips 78%, but says worst of NPAs behind it
Country's largest lender State Bank of India on Friday reported a massive 77.8 percent fall in its net profit to Rs 1,046 crore for the June quarter due to nearly two-fold jump in provision for bad loans.
Aug 12, 2016, 14:00 PM IST
SBI shares down 5%; m-cap declines Rs 10,441 cr on Q1 numbers
State Bank of India's shares Tuesday fell by nearly 5 percent, wiping out Rs 10,441 crore from its market valuation, after the company saw increase in net non-performing assets on sequential basis in the June quarter.
Aug 11, 2015, 19:26 PM IST
