Reuters Market Eye - State Bank of India
Better-than-expected asset quality in Q2 helps, say traders.
Fresh slippages at 77 billion rupees ($1.25 billion) compared with 99.32 bln in Q1, the company says.
Also, fresh restructuring at 34.5 bln rupees compared with 57.02 bln rupees in Q1, the company says.
Lender reported a 30.5 pct increase in profit, but lagged estimates as provisions for bad loans increased.
(1 US dollar = 61.6400 rupees)
(Reporting by Abhishek Vishnoi)
