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SBI's operational numbers are disappointing: Macquarie

State Bank of India's Q4 net profit tumbled nearly 99% year-on-year to Rs 21 crore. In an interview with CNBC-TV18, Suresh Ganapathy, Banking Analyst, Macquarie Research says, asset quality has deteriorated a bit this quarter and that is the reason provisioning has gone up. “Numbers have really disappointed even on the operational front,” he adds.

first published: May 17, 2011 05:01 pm

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