Stanchart H1 net falls 39%
Hindustan Times | , Mumbai
HT Correspondents Aug 04, 2011 12:43 AM IST
Driven by higher provision for bad loans and hardening in interest rates Standard Chartered India on Wednesday announced a 39% decline in profit before tax at Rs 1,664 crore during January to June 2011 from Rs 2,747crore in the same period last year.
Driven by higher provision for bad loans and hardening in interest rates Standard Chartered India on Wednesday announced a 39% decline in profit before tax at Rs 1,664 crore during January to June 2011 from Rs 2,747crore in the same period last year.
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