August 30, 2020
State Bank of India (SBI) touts strong ‘immunity’ as profit surges in pandemic
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State Bank of India (SBI.NS) (SBI) posted a sharp increase in net profit on Friday and provided a steady outlook for the coming quarters, even as the coronavirus crisis ravages the country’s economy. SBI’s results come as Indian lenders brace for a flood of potential loan defaults, with many small businesses finding it hard to