On Friday, the lender's scrip on BSE closed 1.68% lower at Rs 296.40.
Net profit came in at 1.12 billion rupees ($17.4 million) for the quarter ended December 31, compared with 2.53 billion rupees a year ago, said the country's third-largest state-run lender by assets.
Provisions and contingencies figures showed an increase of 111 per cent year-on-year to Rs 18876.21 crore for the quarter against Rs 8,942.83 crore in the same period last year.
Of the above amount, total provisions against non-performing loans were Rs 17,759.72 crore for the period under review, up from Rs 7,244.55 crore provided during the corresponding period of the previous year. Gross non-performing assets (NPAs) of the bank reached 11.31% of the gross advances by the end of December 2017 from 11.40 % in the same period a year ago. Net NPAs or bad loans, however, fell to 4.97% of the net advances by the end of third quarter for this fiscal from 5.43% in year ago period.
(NASDAQ:SBUX) Stake Increased by Zeke Capital Advisors LLC After $0.10 actual EPS reported by FARO Technologies, Inc. for the previous quarter, Wall Street now forecasts 260.00% EPS growth. Foundry Prns Ltd Liability Corp reported 7,550 shares stake. 51,698 are owned by Consolidated Invest Grp Incorporated Lc.
Net Interest Income (NII) stood at Rs 18,687.52 crore this quarter, witnessing a growth of 26.68% from Rs 14,751.59 crore in Q3FY17.
In absolute value, it was at Rs19,852.15 crore, as against Rs19,006.33 crore.
Similarly, its net non-performing assets nearly doubled to Rs 102,370.12 crore, up from Rs 61,430.45 crore, State Bank of India said in an exchange filing.
Provision coverage ratio stood at 65.92% as of December 2017. The interest income, at ₹4,549 crore, was an increase of 3%, while the net interest margin was 3.46% (2.66%).
Finance Minister Taro Aso pointed out the obvious by agreeing with disgruntled parents that the uniforms are " quite expensive ". Wada acknowledged the new uniform would cost more, but considered it worth it.
Pita Taufatofua repeated his antics from the 2016 Rio Olympics when he carried the Tongan flag during the opening ceremony. But he will certainly be opting for warmer clothing at the PyeongChang Olympic Stadium than he did in Rio.
Brent crude, the benchmark for worldwide oil prices , lost 76 cents, or 1.1 percent, to $66.86 a barrel in London. Gainers included technology companies, retailers like Amazon and Home Depot, and industrial companies and banks.
While talking to reporters Noor Muhammad Kalwal said that India has unleashed a reign of terror across Kashmir Valley . All shops and business establishments are closed while traffic is off the roads across the occupied territory.
Greenwood Cap Associates Ltd Liability Co stated it has 0.74% of its portfolio in McDonald's Corporation (NYSE:MCD). The stock of The Carlyle Group L.P. (NASDAQ:CG) earned "Overweight" rating by JP Morgan on Wednesday, November 1.
From Rakul Preet Singh to Ram Charan Teja's wife Upasana Kamineni, every is impressed with her act of Rama Lakshmi in the teaser. Named Rama Lakshmi in the film, Samantha dons a village belle look and seems an epitome of happiness.
British trade minister Liam Fox said the figures showed demand for British goods and services was higher than ever. Manufacturing rose 0.3 percent from November, the Office for National Statistics said Friday.
The debt limit would be suspended through March of 2019, putting the next vote on it safely past this year's midterm elections. Both McConnell and Senate Democratic leader Chuck Schumer said on Tuesday that a deal could be reached soon.
Paying for sex is banned under Oxfam's code of conduct and is against United Nations guidelines for aid workers. Paying for prostitutes is illegal in Haiti and goes against Oxfam's code of conduct for worldwide staff.
Kelce finished his rant about how you would expect someone in "The City of Brotherly Love" to conclude: with expletives. The players will head onto the Benjamin Franklin Parkway to Eakins Oval, concluding at the Philadelphia Museum of Art.
Other features that have been revealed through FCC listing are that it supports microSD card, dual-SIM and Wi-Fi 802.11n. The back panel of the P20 Lite features a vertically aligned dual camera setup instead of three as rumoured earlier.
Eye-Catching Stock: Sempra Energy (SRE)
Legal & General Group Plc increased its position in shares of Sempra Energy by 4.9% during the 3rd quarter. (NYSE:ETM). The average Wall Street analyst rating for Sempra Energy is Hold, according to the average of 6 analyst scores.
Senate sources: Shutdown increasingly likely overnight
If Congress can not pass a funding bill before midnight, the government will shut down for the second time in less than a month. Chuck Schumer , the leader of the Senate Democrats, said the deal should break the cycle of partisan fights over spending.
Metroid Prime 4 Reportedly Being Developed By Bandai Namco
Metroid Prime 4 was announced at E3 a year ago , though no lead developer was revealed, and no gameplay or trailer was shown. GameSpot contacted Bandai Namco regarding the report; the company simply stated it had no comment to make at this time.
Yum! It's National Pizza Day!
Marco's Pizza : Use the coupon code NPD2018 when placing their order for 30 percent off all regular menu price pizzas. I've rounded up freebies at Blaze and Baskin-Robbins , along with other cheesy offers to help you celebrate.
Canada Goose (GOOS) PT Raised to C$46.00 at TD Securities
Moreover, Aperio Grp Limited Liability Company has 0.6% invested in Comcast Corporation (NASDAQ:CMCSA) for 2.77 million shares. Canada Goose Holdings Inc Subordinate Voting Sh (GOOS) shares are moving today on volatility -16.01% or -6.10 from the open.
Tesla Earnings: Model 3 Production Is Ramping Up
SHIFTING TARGETS: Tesla delivered 103,181 vehicles past year , up 35 percent over 2016 and ahead of its targets. CASH BURN: Tesla has lofty targets, including building a plant in China and launching a small SUV in 2020.
Apple confirms iPhone source code leak
It said that the iBoot source code is the part of iOS that is responsible for ensuring a trusted boot of the operating system. That source code represents one of the iPhone's many secrets, something that Apple doesn't share with others.
YouTube Just Suspended Advertising On Logan Paul's Channel
PETA, which stands for People for the Ethical Treatment of Animals, are outraged by the video and are asking YouTube to remove it. The video is still visible on Paul's channel, though YouTube has overlaid a warning graphic that the content is sensitive.