State Bank of Hyderabad (SBH)has reported a 6.67 per cent dip in net profit to Rs 186.23 crore for the fourth quarter from Rs 199.54 crore during the same period last year.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>SBH Managing Director Amitabha Guha said net profit is down as the bank made provisions for employee wage revision and sick leave to the tune of Rs 23 crore during the fourth quarter. 
</p><p class='TableClas'>Though interest income increased by 27.44 per cent, the higher cost of deposits during the last quarter affected the gross profits. </P></p><p class='TableClas'></p></table>


SBH net dips 6.67%

CORPORATE SCOARCARD

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