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Ideas for Profit | Should investors bet on SBI’s low valuation?

Source | YouTube | moneycontrol

State Bank of India (SBI) reported a standalone net profit of Rs 3,581 crore for the quarter ended March 2020. Operating performance was marked by reasonable loan growth and controlled expenses. However, higher provisions pulled down the profit. On asset quality front, the slippages or gross additions to non-performing assets (NPA) were contained and were lowest in the last four quarters

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