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

Thousands transferred, branches closed, but no major protests in SBI

Chennai, Aug 15
India's largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been transferred beginning this fiscal, but, strangely, there have been no major protests, top officials said.

Equities recover from 5-week lows, global cues lift sentiments

Mumbai, Aug 14

After five consecutive sessions of losses, the key Indian equity indices on Monday recovered from their five-week lows on the back of broadly positive global cues, coupled with healthy buying in metals, consumer durables and capital goods stocks.

Majority union in SBI gains membership after associate banks' merger

Chennai, Aug 13

The merger of State Bank of India's associate banks with SBI has resulted in sizeable membership gain for the majority union -- All India State Bank of India Staff Federation (AISBISF), said a top union leader.

Global cues, foreign fund outflows drag equity indices to 5-week lows

Mumbai, Aug 12
The key Indian equity indices -- the Sensex and the Nifty50 -- dived into the bearish zone and settled at their five-week lows, as global cues, a bulk of quarterly earnings and substantial amount of foreign fund outflows urged investors to book profits.

Global cues subdue equity indices to 5-week lows; metals, banks slump

Mumbai, Aug 11

The key Indian equity indices -- the BSE Sensex and the NSE Nifty50 -- plunged for the fifth consecutive session on Friday, settling at their five-week lows.

Equity indices extend losses for 5th day, Nifty50 sub-9,700

Mumbai, Aug 11

The key Indian equity indices -- the BSE Sensex and the NSE Nifty50 -- plunged for the fifth consecutive session on Friday, dragged lower by intense selling activities in metal, automobile and banking stocks along with negative global cues.

Heavy selling pressure drags equity indices lower, Nifty50 sub-9,700

Mumbai, Aug 11

Dragged lower by intense selling activities in automobile, metal and banking stocks, along with negative global cues, the key Indian equity indices -- the BSE Sensex and the NSE Nifty50 -- traded with losses for the fifth consecutive session on Friday.

Negative global cues drag equity indices lower

Mumbai, Aug 11

The key Indian equity indices -- the BSE Sensex and the NSE Nifty50 -- traded deep in the red during the post-afternoon session on Friday as negative global cues subdued investors' risk-taking appetite.

Lok Sabha passes bill facilitating merger of SBI subsidiaries

New Delhi, Aug 10

The Lok Sabha on Thursday passed a bill to facilitate merger of five associate banks with the State Bank of India.

Farm loan waiver should not become a policy: Bimal Jalan

New Delhi, Aug 9

Former Reserve Bank of India (RBI) Governor Bimal Jalan on Wednesday said farm loan waivers should be a 'need based' one-time decision and should not be turned into a policy.

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