Sunday, July 27, 2008

SBI beats profit calls, ICICI in surprise fall

(MUMBAI) State Bank of India (SBI) beat forecasts with a 15 per cent rise in quarterly profit as other income more than doubled, but its private sector rival ICICI Bank posted an unexpected fall in profits after its bond and equity portfolios lost value.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,289582,00.html?

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