Motilal Oswal
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Motilal Oswal

State Bank of India reports surprise first-quarter loss as provisions surge

Updated : August 10, 2018 03:11 PM IST

SBI reported a surprise loss of Rs 4,876 crore in the three months ended June 30.
A CNBC TV18 poll estimated a profit of Rs 448 crore for the bank.
SBI posted a record loss of Rs 7,718 crore in the March quarter.
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