Earnings growth in Q2 likely to be 30-35 pc: SBI Chief

Last Updated: Tuesday, September 8, 2009 - 14:53

Mumbai: State Bank of India (SBI) expects
its earnings growth in the second quarter of this fiscal (FY
10) to be at around 30-35 per cent, its Chairman, O P Bhatt,

"We expect a growth of 30-35 per cent year-on-year in
our earnings in the second quarter," Bhatt said on the
sidelines of a FICCI-IBA seminar here today.

The bank did not expect any mark-to-market losses in
its treasury segment in the second quarter, he added.

The country`s largest lender has also seen a very
healthy growth in its retail loans in the second quarter,
almost twice as high as compared to the year-ago period, Bhatt

Bureau Report

Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.

First Published: Tuesday, September 8, 2009 - 14:53

More from zeenews

comments powered by Disqus