SBI tanks over 7% on NPA woes

SBI tanks over 7% on NPA woes

The bank, reported its second-quarter results, wherein it disclosed a rise in NPAs and also fell short of the market expectations for its overall financial performance.

Selling pressure was significant in the stocks of other financial sector companies as well. ICICI Bank settled with a loss of 2.16 per cent, HDFC Bank lost 1.50 per cent.