SBI chief: chances of bad loans coming down 'not very bright'

REUTERS - Chances of bad loans and restructured assets coming down at State Bank of India (SBI) , the country's largest lender, are "not very bright", Chairman Pratip Chaudhuri said on Monday.

The bank earlier reported a second consecutive drop in quarterly net profit, missing estimates, on worsening asset quality, higher operating expenses and muted growth in interest income.

(Reporting by Swati Pandey in MUMBAI; Editing by Anupama Dwivedi)