State Bank of India: Quotes, News

BSE 1046.8038.55 (-3.68%)

NSE 1047.0038.2 (-3.65%)

Total Income has increased from Rs 32415.49 crores for the quarter ended June 30, 2012 to Rs. 36,192.62 crores for the quarter ended June 30, 2013.

Markets were disappointed with the numbers and the stock slumped 3 per cent in trade today.

The bank's asset quality continued to deteriorate with the net NPA rising to 2.83 per cent, as against 2.10 per cent, quarter-on-quarter.

The gross NPA's at the bank reached a frightening level of 5.56 per cent, as against 4.75 per cent quarter on quarter.

The shares of State Bank of India were last traded at Rs 1612 on the National Stock Exchange, after touching a 52-week low of Rs 1575.

GoodReturns.in