State Bank of India (SBI) posted mixed results, wherein, on one hand, operational performance came below expectations, but reasonable moratorium book and sequentially improved asset quality were positives. The bank has stated that there are around 23% customers who have opted for moratorium and have missed two or more instalment payments. This is reasonable, given the size and the nature of the bank's customer profile. Net interest income (NII) came in at Rs. 22,767 crore, down 18% q-o-q and flat y-o-y. There was an exceptional nature of gain of Rs. 2,731 crore (due...