PROVISION HAS ALREADY BEEN DONE: SBI

Mumbai: The nation's largest lender State Bank on Tuesday ruled out the additional provisioning towards the 12 largest NPA accounts which have been referred to insolvency proceedings denting the bottomlines very hard as most of the provisioning has already been done. "The increased provisioning requirements, more or less, in all of these accounts we have pretty large provisions. But yes, we have to make a little more but it should not very badly impact our earnings going forward,” chairman Arundhati Bhattacharya told reporters after the AGM here this late evening. She was responding to questions from the media about the possibility of increased provisioning towards the 12 RBI referred accounts impacting the bank’s bottomlines.