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

|By:, SA News Editor

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.