Sunday, May 4, 2008

State Bank of India posts 26% rise in quarterly net profit

(KOLKATA) India's top lender, State Bank of India, posted a better-than-expected 26 per cent rise in quarterly net profit as access to low-cost funds helped cushion tighter margins and nudged its shares up more than 3 per cent.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,277744,00.html?

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