Corporate Tax Cut Will Not Benefit SBI Immediately, Says CFO Prashant Kumar
Customers EXIT a State Bank of India Bank branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Corporate Tax Cut Will Not Benefit SBI Immediately, Says CFO Prashant Kumar

India’s $20 billion tax-cut boost announced last Friday will not benefit India’s largest lender since higher deferred tax assets on its books will delay tax benefits, according to State Bank of Ind...
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