You are here


SBI posts sharpest fall in profit since 2011


STATE Bank of India, the country's largest lender by assets, posted the sharpest profit drop since 2011 as a central bank audit triggered a surge in provisions for bad loans.

Net income fell 66 per cent to 12.6 billion rupees (S$258 million) for the three months through...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to