SBI net up 4%, smallest increase in six quarters

ENS Economic Bureau : Mumbai, Fri Feb 15 2013, 00:42 hrs

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Chaudhuri reiterated that the worst is over for his bank on asset quality and added that up to Rs 2,000 crore of the NPA has already turned standard as of December.

"NPAs have peaked. What gives us comfort is that sectors like textiles, construction and roads are picking up," he said.

Shares of SBI closed at Rs 2,214.35 per share, down 1.80 per cent over the previous close, on the BSE.

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