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Indian shares -1.13%, led by a sharp decline in State Bank of India after the country's largest...

  • Tuesday, May 17, 2011, 7:52 AM ET
    Indian shares -1.13%, led by a sharp decline in State Bank of India after the country's largest lender reports a 99% fall in Q4 profit. Much of the drop is related to extra provisions set aside to cover possible losses "teaser rate" mortgages. Shares -8.9% in Mumbai.
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