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

Rising Indo-Pak tensions, global cues drag equity markets lower

Mumbai, May 24

Escalating cross-border tensions with Pakistan, coupled with negative global cues, pulled the Indian equity markets lower on Wednesday.

Equity markets slip on selling pressure, healthcare stocks plunge

Mumbai, May 23

The Indian equity markets were on Tuesday pulled lower as a weak rupee coupled with caution ahead of derivatives expiry and heavy selling pressure witnessed in healthcare stocks suppressed investors' sentiments.

Agriculture Minister rules out any loan waiver for farmers

New Delhi, May 22

Union Agriculture Minister Radha Mohan Singh on Monday ruled out denied any possibility of a loan waiver for farmers, saying the NDA government's focus lay in their empowerment.

Agriculture Minister denies any move for loan waiver for farmers

New Delhi, May 22

Union Agriculture Minister Radha Mohan Singh on Monday denied any possibility of a loan waiver for farmers, saying the NDA government's focus lay in their empowerment and it instead intended to invest in various schemes and initiatives to boost their income.

Surge in FMCG stocks lifts Indian equity markets

Mumbai, May 22

A rally in FMCG stocks following the government's decision to exempt food items from the purview of Goods and Services Tax (GST) lifted the Indian equity markets on Monday.

Indian equities fail to sustain record highs on global political turmoil

Mumbai, May 20
After witnessing yet another record week with the key indices zooming higher to new peaks, the Indian equity markets came under the impact of global political turmoil and pared gains during the week ended Friday.

Hope basic expenses of merger will be behind us, says SBI Chairman

Kolkata, May 19

India's largest public sector lender State Bank of India (SBI), which posted a net profit of Rs 2,815 crore in the last quarter of 2016-17, expects the basic expenses of merger of its associates with it would be behind now, its Chairman Arundhati Bhattacharya said here on Friday.

Equity markets close flat; FMCG, banks stocks gain

Mumbai, May 19

The Indian equity markets on Friday closed on a flat note after a volatile trade session, as investors' booked profits. However, a key index scaled a new high during the intra-day trade, as healthy buying in banking and FMCG stocks buoyed sentiments.

Ransomware, cash crunch hits ATMs in Bengaluru

Bengaluru, May 16

Hundreds of ATMs across India's tech hub remained shut for the second day due to possible virus attack by WannaCry ransomware and cash crunch, said a bank official on Tuesday.

SBI's Kolkata circle aims at Rs 5,000 cr home loan disbursement

Kolkata, May 16

With the reduction in lending rate by 0.25 per cent in the affordable housing segment, State Bank of India's Kolkata circle is aiming at a disbursement of around Rs 5,000 crore in the home loan segment in the current fiscal.

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