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SBI pays Rs 1,701 cr as advance tax for Q3

K. Ram Kumar
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State Bank of India has paid Rs 1,701 crore as advance tax for the third quarter of the current financial year against Rs 1,730 crore in the year-ago period.

Overall, the total advance tax paid by India’s largest bank for the three quarters of the fiscal is higher by Rs 210 crore at Rs 4,694 crore against Rs 4,484 crore paid during the corresponding period of FY 2011-12.

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