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Loan book News

Fairly priced for now
State Bank of India’s (SBI’s) stock, which has caught the fancy of investors in recent times, has delivered 30 per cent returns — four times more the broader indices — in the last two months. One reason is the increase in the bank’s market share, led by an improvement in profitability and efficiency. SBI’s loan book grew 22 per cent in 2009-10, higher than the industry