SBI Q3 net profit rises by 4% as core income falls on higher provisioning on bad assets

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PTI: Mumbai, Thursday, Feb 14, 2013 at 1302 hrs IST

State Bank of India (SBI) today reported a moderate 4 per cent growth in profit -- the lowest in the past six quarters -- at Rs 3,396 crore in October-December quarter on fall in core income and higher provisioning due to rise in bad assets. Total income of the bank rose to Rs 33,992 crore duri ....Read more

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