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Top headlines: SBI Q2 profit zooms 3-fold, JioPhone all-in-one plans & more

US market regulator SEC may seek cooperation from its Indian counterpart Sebi in its probe into Infosys, which has been rocked by whistleblower complaints of several alleged irregularities

SBI plans to mop up Rs 5,000-crore debt capital via tier-II bonds
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BS Web Team New Delhi
SBI PBT surges 179%

State Bank of India, the country's largest lender, has reported a strong set of numbers for the quarter ended September 2019, backed by a substantial reduction in slippages. Its net interest income has also beaten market expectations. The bank's profit before tax was up by as much as 179 per cent, to Rs 5,059 crore from Rs 1,812 crore in the same quarter of 2018.


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JioPhone all-in-one plans

After introducing all-in-one prepaid plans, Mukesh Ambani-owned Reliance Jio on Friday announced new recharge plans