Wednesday 23 May 2018

SBI posts Q4 loss of Rs 7,718 crore as provisions more than double

SBI posts Q4 loss of Rs 7,718 crore as provisions more than double The rise in provisions was mainly because the bank had to provide more for bad loans, the losses it incurred on trading, and for mark-to-market losses due to a rise in bond yields.

from Moneycontrol Results News https://ift.tt/2IDwXNL

No comments: