August 8, 2022

Market and Financial News

Market and Financial News Aggregator

SBI posts surprise loss in Q1 due to treasury losses

1 min read

RBI increased its benchmark repo rate for third time within four months on Friday as it reiterated its commitment to bring inflation down below its outer limit of 6%.The large investment losses overshadowed an otherwise solid performance with a loan growth of 15% driven by a 19% growth in retail loans and a 11% increase in corporate loans.



2022-08-06 07:39:09

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