New Delhi : Faced with huge NPAs, SBI Chairman Arundhati Bhattacharya said bad loans are expected to surge in the coming quarter, which may hit its profitability. SBI’s gross NPAs, or bad loans, soared to Rs 72,791.73 crore at the end of the December quarter as against Rs 61,991.45 crore a year earlier. The mounting pressure due to bad loans hit profitability of SBI as its net profit plunged 67% to Rs 1,259.49 crore for the quarter on account of higher provisioning for bad loans.

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