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SBI adds $1.65 bln bad loans in Q3: chairman

Published on Mon, Feb 13, 2012 at 15:36 | Source : Reuters

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MUMBAI (Reuters) - State Bank of India (SBI), India's largest lender, added 81.61 billion rupees worth of bad loans during the three months to end-December 2011, chairman Pratip Chaudhuri said on Monday.

SBI beat market expectations with a 15 percent rise in fiscal third-quarter net profit earlier on Monday as interest income rose.

(Reporting by Swati Pandey; Editing by Subhadip Sircar)

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