In a recent mandatory filing with the stock exchanges, SBI has said that as per the Risk Assessment Report of the Reserve Bank, it has under reported NPA losses to the tune of a
mammoth Rs.11932 crores for the FY 2019. As a result of this under reporting it has now incurred a giant loss of Rs.6968 crores for FY 2019, as against a reported profit of Rs.832
crores. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava talks about the window dressing of SBI. #SBI #RBI #NPA
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