SBI Shares Tank Over 5% on Q1 Loss
Following the results, shares of the company erased early gains and tanked 4.85 percent to Rs 301.10 on BSE.
On NSE, shares of the company dropped 5.32 percent to Rs 300.50.
The bank's gross non-performing assets (NPAs) rose to 10.69 percent of total advances at the end of June, against 9.97 percent a year ago.
However, net NPA marginally declined to 5.29 percent from 5.97 percent earlier.
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