The bank improved its asset quality performance. Gross non-performing assets (NPA) as a percentage of gross advances were lower at 8.71 percent for the quarter against 9.95 percent in previous quarter.
State Bank of India (SBI) reported its 2QFY19 results with the key strategic pointers being: (1) For the second consecutive quarter, NPA addition at Rs 108.88bn was lower than past run rate till 4QFY18.
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