India's largest bank SBI adds â¹8,000 cr despite posting loss
India's largest lender SBI added â¹8,077 crore in market capitalisation on Tuesday even as the bank's fourth-quarter loss widened to â¹7,718 crore compared to â¹2,416 crore in the previous quarter. The bank's shares surged nearly 5%, taking its total market capitalisation to â¹2.26 trillion. SBI's gross bad loans were at â¹2.23 trillion as against â¹1.99 trillion in previous quarter.