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Monday, January 28, 2008

SBI announces Q3 results
State Bank of India (SBI) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 18086.40 million for the quarter ended December 31, 2007 as compared to Rs 10650.60 million for the quarter ended December 31, 2006. Total Income has increased from Rs 112683.80 million for the quarter ended December 31, 2006 to Rs 153640.00 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit after minority interest of Rs 23836.60 million for the quarter ended December 31, 2007 as compared to Rs 15244.20 million for the quarter ended December 31, 2006. Total Income has increased from Rs 170451.30 million for the quarter ended December 31, 2006 to Rs 243809.90 million for the quarter ended December 31, 2007.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 16
11:30 Consumer Price Index (YoY) 3 2.6% 2.7% 2.8%
11:30 Retail Price Index (YoY) 2 3.2% 3.2% 3.4%
11:30 Retail Price Index (MoM) 2 0.3% 0.0% 0.6%
14:00 DCLG House Price Index (YoY) 1 5.4% 5.1% 4.8% Revised from 4.9%
16:30 MBA Mortgage Applications 1 -8.5% 20.0%
18:00 Retail Sales Control Group 3 1%
18:00 Retail Sales ex Autos (MoM) 2 0.3% 0.3%
18:00 Retail Sales (MoM) 3 1.3% 0.2%
18:00 Retail Sales (YoY) 1 3.1%
18:45 Industrial Production (MoM) 2 -0.2% 0.7%
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