November 7, 2012 / 8:28 AM / 5 years ago

MARKET EYE-SBI gains ahead of Sept qtr results; asset qlty hopes

* Shares in State Bank of India rise 2.4 percent on
hopes of better-than-expected results and lower non-performing
loans in the September quarter, with results due on Friday.
* State Bank of India Chairman Pratip Chaudhuri said the bank's
September quarter non-performing asset position looking better
than the June quarter. 
* CLSA said in a report on Friday it maintains preference for
corporate banks, including State Bank of India, which should
benefit as asset quality concerns fade gradually.

 (abhishek.vishnoi@thomsonreuters.com)

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