Fitch Ratings maintained the negative outlook on the Indian banking sector based on an assessment on the sector's core capitalisation, a top official of the ratings agency said on Wednesday.
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
The benchmark equity index BSE Sensex on Tuesday slipped below the crucial 31,000-point mark after 21 consecutive sessions as investors booked profits prior to the Goods and Services Tax (GST) implementation.
The Indian equity markets closed in the red on Friday as broadly negative global cues, coupled with caution ahead of the Goods and Services Tax (GST) implementation and heavy selling pressure subdued investor sentiments.
Communications Minister Manoj Sinha said "corrective steps" would be taken by the government to ensure orderly growth of the telecom sector, after he met representatives of telcom companies here on Thursday.
After trading at a fresh high for most of the day, the Indian equity markets on Thursday closed on a flat note as investors booked profits.
After two days of correction, the Indian equity markets surged to trade at a new high during the mid-afternoon session on Thursday.
The Indian equity markets slipped lower on Friday to close on a flat note as investors' sentiments were subdued on continued outflow of funds and heavy selling pressure in healthcare and IT stocks.
Banks which have lent to telecom companies are worried about the financial health of the sector which is under debt stress. Many of them feel there may be defaults in the future.
Ghaziabad police on Thursday arrested a fraudster who was running a fake call centre to mint money by making false promises about providing a job with Indigo airlines.
Videos about State Bank of India
August 22, 2012
New Delhi/ Kolkata / Lucknow, Aug 22 (ANI): Unions at banks across the country representing about one million employees have called for a nationwide ...
April 24, 2012
New Delhi, April 24 (ANI): Following the central bank measures, the State Bank of India (SBI) today has declared to cut loan rates for small and ...
November 16, 2011
Mumbai, November 16 (ANI): The State Bank of India has denied that it would restructure the debt of beleaguered Kingfisher Airlines, owned by liquor ...
November 14, 2011
New Delhi, November 14 (ANI): Creditors led by the State Bank of India (SBI) have asked Kingfisher airlines to raise fresh equity of Rs, 800 crore ...
November 12, 2011
New Delhi, November 12 (ANI): Union Civil aviation minister Vayalar Ravi on Saturday refused to comment on the Kingfisher crisis, saying that he was ...
Photos related to State Bank of India
June 13, 2017
New Delhi: SBI Card CEO Vijay Jasuja, SBI (associate banks) MD Dinesh Khara and Pizza Hut Chief Brand Officer Prashant Gaur at the launch of SBI Card Prime in New Delhi, on June 13, 2017.
June 9, 2017
Mumbai: SBI Chairman Arundhati Bhattacharya (R) addresses a press conference in Mumbai on June 9, 2017. Also seen SBI Managing Director B Sriram (L).
May 19, 2017
Kolkata: SBI Chairman Arundhati Bhattacharya addresses a press conference to announce last quarter of 2016-17 fiscal, in Kolkata on May 19, 2017.
April 6, 2017
Kolkata: Chatra Parishad activists stage a demonstration in front of SBI after the bank hiked charges for not maintaining minimum balance in Kolkata, on April 6, 2017.
March 28, 2017
SBI Chief Arundhati Bhattacharya. (File Photo: IANS)