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SBI Reports Loss For Three Consecutive Quarters et al.

Professor of Financial Economics and Part-time Value Investor, Transfin.
Aug 10, 2018 1:53 PM 2 min read

End of Day Wrap-up (Friday / Aug 10, 2018) #SBI #JetAirways #India #Modi #oil #SEBI #debt #Lira #Japan #US #dollar #inflation #Transfin

Editor's Comment: SBI reports loss for three consecutive quarters at INR4,876cr. The asset quality improved in this quarter, as gross NPAs were 10.69% from 10.9% in the previous quarter. The driving factors behind the loss were lower trading income and significant mark-to-market losses due to hardening of bond yields.


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