RETAIL BANKING | Cesar Tordesillas, India

State Bank of India's asset quality improves

State Bank of India's asset quality has improved from last year, according to Chairman Pratip Chaudhuri.


India's biggest lender will post April-June quarterly results on August 8, Chaudhuri added.
He did not give any further details citing a silent period ahead of the earnings.

The comments came after SBI shares slumped as much as 3.8 percent on Friday as a rise in non-performing assets at Punjab National Bank and Union Bank sparked concerns about asset quality in the government-run banking sector.

For more.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.