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

UBHL pleads for more time to post financial results

Mumbai, May 23

UB Group company United Breweries Holdings Limited (UBHL) requested additional time from the BSE and NSE to submit the audited financial results for 2015-16, due to uncertainties owing to cases running against its chairman Vijay Mallya in the Supreme Court and Debt Recovery Tribunal (DRT) Bengaluru.

After SBI associate banks' strike, unions warn of more stirs

Mumbai, May 20

Around 45,000 employees of SBI's five associate banks struck work across India to protest against the proposed merger plans and warned of more strikes next month, union activists said here on Friday.

`Merger of six banks to cost SBI $250 million'

Chennai, May 20

Global credit rating agency Moody's Investors Service on Friday said the merger idea mooted by State Bank of India (SBI) of six banks with itself would cost around Rs. 16.6 billion ($250 million) and will have limited impact on its credit metrics.

India offers to aid Myanmar in boosting agriculture, healthcare

Yangon/New Delhi

Yangon/New Delhi May 19 (IANS) India on Thursday offered to assist Myanmar in the area of public healthcare and provide support in boosting agricultural production.

Weak global cues drag equity markets lower

Mumbai, May 19

Negative global cues, coupled with profit booking and a fall in crude oil prices, dragged the Indian equity markets lower on Thursday.

Bank officers union flays SBI-associate banks' merger plan

Mumbai, May 19

The All India Bank Officers Association (AIBOA) on Thursday condemned the State Bank of India's "attempt to fast-forward mergers and acquisitions in the financial sector" by initiating process of mergers of its five associate banks.

SBT union opposes proposed acquisition by SBI

Thiruvananthapuram, May 18

The employees of State Bank of Travancore (SBT), a subsidiary of the State Bank of India, on Wednesday expressed deep concern over the SBI's move to merge five of its subsidiaries with itself.

Negative global cues, profit booking dent equity markets

Mumbai, May 18

Negative global cues, profit booking and poor quarterly results pushed the Indian equity markets down on Wednesday.

Sitharaman leads CEOs delegation to Myanmar on Wednesday

New Delhi, May 17

Commerce Minister Nirmala Sitharaman will lead a 25-member business delegation to Myanmar on Wednesday in an effort to boost trade and economic ties between the two nations, an official statement said.

Opposing merger with SBI, unions in associate banks to strike work

Chennai, May 17

Opposing the decision of boards of directors of five associate banks of State Bank of India (SBI) to close down and merge with SBI, the All India Bank Employees' Association (AIBEA) has called a strike on May 20.

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