State Bank of India () (SBI) (, , ) is the largest state-owned banking and financial services company in India.

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Recent news stories about State Bank of India

Hopes of healthy Q3 results, strong rupee lift equities

Mumbai, Jan 16

The Indian equities markets on Monday closed on a flat-to-positive note as hopes of healthy third-quarter (Q3) results and a strengthened rupee buoyed investors' sentiments.

Demonetisation fallout: ATM makers get a big boost in new orders

New Delhi, Jan 15

The government's November 8move last year to demonetise higher-denomination currencies was said to be aimed at tackling the issues of black money and counterfeit notes. But it has also uncovered the skewed ratio of ATM machines, as compared to the population, providing a boost to the makers of such machines.

Rs 9 lakh cr already back in system post demonetisation: SBI chairman

Guwahati, Jan 12

State Bank of India (SBI) chairman Arundhati Bhattacharya on Thursday said that about Rs 9 lakh crore of close to Rs. 13 lakh crore, which was out of the economic system, has already come back post demonetisation.

India Inc. welcomes Chandrasekaran as Tata Sons Chairman

Mumbai, Jan 12

India Inc. on Thursday welcomed the appointment of Natarajan Chandrasekaran as the new Executive Chairman of Tata Sons.

Shut down SBI branches till cash flow improves, says trade union

Chennai, Jan 12

State Bank of India (SBI) can shut down its branches till the supply of cash gets normalised and staff are not put to risk to face the ire of banking public, a top union leader said.

Lending rates cut leads to balance transfers in home loan market: ICRA

Kolkata, Jan 11

The lending rates cut, which effectively set off a price war in the Rs 13 trillion home loan market, could lead to increased competition and balance transfers in the highly competitive housing loan market, rating agency ICRA said in its report.

SBI waives card transaction fee for small merchants

Mumbai, Jan 9

In a bid to boost digital transactions, the State Bank of India (SBI) on Monday said it has waived off the card transaction fee or the Merchant Discount Rate (MDR) charges till the end of this year for small traders with an annual turnover of Rs 20 lakh.

Diaspora seeks more time to exchange old notes

Bengaluru, Jan 9

The Diaspora comprising Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) has sought extension of the deadline to exchange or deposit the banned notes till December 31.

Positive global cues, bargain hunting lift equities markets

Mumbai, Jan 7
Positive global cues, along with rupee appreciation and attractive value propositions, aided the Indian equity markets in making modest gains during the trade week ended Friday.

Three held for fraudulent transfer of money in Ghaziabad

Ghaziabad, Jan 6

The Ghaziabad police has arrested three persons in connection with the fraudulent transfer of Rs 10 lakh from an automobile firm's account to a jeweller's account, a senior police officer said on Friday.

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