SBI Q2 results

SBI Q2 net profit plunges 99.6%; bad loan provisioning jumps 3-fold

Country's largest lender SBI Friday recorded 99.6 percent dip in consolidated net profit at Rs 20.7 crore for the September quarter on account of 3-fold jump in bad loan provisioning.

Nov 11, 2016, 18:24 PM IST

SBI shares fall 3% as Q2 profit crumbles

Shares of country's largest lender SBI today dipped 3 percent after the bank saw a massive 99.6 percent plunge in its September quarter consolidated profit at Rs 20.7 crore, hit by 3-fold rise in bad loan provisioning.

Nov 11, 2016, 17:14 PM IST