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  • Have made provisions worth Rs 585 crore: State Bank of Mysore

    In an interview with CNBC-TV18, N Krishnamachari, MD of SBM said that the slippages for this quarter increased to Rs 1050 crore against Rs 250 crore (YoY) as many inherently weak accounts slipped.

  • GNPLs may be in 3.75-4% range by FY16-end: SBM

    GNPLs may be in 3.75-4% range by FY16-end: SBM

    Gross NPLs will improve going forward and will be in 3.75-4 percent range by this year-end, said Sharad Sharma, MD of State Bank of Mysore.

  • Asset quality stable; focus on retail, personal loan: SBM

    Asset quality stable; focus on retail, personal loan: SBM

    In an interview with CNBC-TV18, Sharad Sharma, Managing Director of State Bank of Mysore expects the bank's asset quality to improve from second quarter of this year.

  • Aim to maintain margins at 3%: State Bank of Mysore

    Aim to maintain margins at 3%: State Bank of Mysore

    Sharad Sharma, managing director, State Bank of Mysore doesn‘t expect any pick up in corporate loan growth in H1FY16, but major growth on the retail side.

  • Gross NPAs lowest in four quarters: State Bank of Mysore

    Gross NPAs lowest in four quarters: State Bank of Mysore

    Discussing the bank‘s third quarter earnings, State Bank of Mysore MD Sharad Sharma said the company‘s asset quality has been improving, which has resulted in a decrease in non-performing asset (NPA) provisons.

  • See NII growth of 12-14% in H2FY15: State Bank of Mysore

    See NII growth of 12-14% in H2FY15: State Bank of Mysore

    Sharad Sharma, Managing Director, State Bank of Mysore sees the bank‘s capital adequacy ratio at around 11.25 percent.

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