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

Passwords compromised in majority of debit card fraud transactions

Kolkata, Oct 22

Amid reports of widespread debit card security breaches, a senior State Bank of India official on Saturday said the passwords were compromised in majority of cases.

Indian equity markets end higher following Asian peers

Mumbai, Oct 20

Key Indian equity market indices ended higher on Thursday following strong Asian markets cues.

Government organising Consumer Mela in capital

New Delhi, Oct 19

The central government is organising a mela on Thursday in Connaught Place's Central Park here, to facilitate an on-the-spot registration of consumer grievances and educate them on their rights.

Profit booking, foreign fund outflows subdue equity markets

Mumbai, Oct 19

Profit booking, along with outflow of foreign funds and caution ahead of upcoming quarterly results subdued the Indian equity markets on Wednesday.

Equity markets plunge on lower guidance, US rate hike fears

Mumbai, Oct 17

Lower earnings guidance from IT majors, along with heightened chances of a US rate hike and outflow of foreign funds dragged the Indian equity markets to close in the red on Monday.

BSE off-loads 4.15% stake in CDSL

Mumbai, Oct 14

Stock exchange major BSE on Friday said that it has raised Rs 34.23 crore by off-loading a 4.15 percent stake in Central Depositor Services India (CDSL).

Monetary policy panel meet debuts with 25 basis points rate cut

Mumbai, Oct 4

The Monetary Policy Committee of the Reserve Bank of India (RBI) cut a key lending rate by 25 basis points on Tuesday at the conclusion of its first meeting over two days, bringing much relief to commercial banks and India Inc.

After 53 years, SBI resumes banking in Myanmar

Mumbai, Oct 3

The State Bank of India resumed banking operations in Myanmar after a gap of 53 years by inaugurating a branch in the country's largest city Yangon on Monday -- becoming the first Indian bank to do so, an official said here.

Misquoted by media, says Achutanandan

Thiruvananthapuram, Oct 3

Former Kerala Chief Minister V.S. Achuthanandan on Sunday blamed the media for misquoting his comments against the merger of local State Bank of Travancore with the SBI for the ongoing fast by legislators of the opposition Congress against the fdee hike.

Short covering, foreign funds inflow lift equity markets

Mumbai, Sep 28

Short covering, along with value buying and fresh inflow of foreign funds, lifted the Indian equity markets on Wednesday.

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