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See significant provisioning in next 2 quarters: SBI

Banking major SBI reported numbers far below market estimates. The PSU major's Q4 net profit tumbled nearly 99% year-on-year to Rs 21 crore on higher provisioning against non-performing assets and gratuity. The net interest income (NII) too was way below estimates at Rs 8,060 crore.

first published: May 18, 2011 08:43 am

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