Fri, Aug 11, 2017
SBI posted net profit of Rs 3,031.88 crore rising by 189.85% compared to Rs 1,046 crore in the corresponding period of the previous year.
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Fri, May 19, 2017
SBI said, The disclosures relating to the divergence for the financial year 2015-16, in respect of provisions made by the bank against non-performing assets dated 18th April 2017 issued by RBI, is not applicable to the Bank.”
Nilesh Parikh, Kunal Shah and Prakhar Agarwal analysts at Edelweiss Financial Services said, "Loan growth to be softer, but NII to be supported by lower funding cost. Incremental stress will likely be curtailed, keeping credit cost within initial guidance."
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