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

JNPT signs agreement with SBI, Bank of Singapore

New Delhi, Aug 22

In line with Prime Minister Narendra Modi's port-led development programme, India's premier container port, Jawaharlal Nehru Port Trust, has signed an agreement with State Bank of India and Development Bank of Singapore for External Commercial Borrowing (ECB) to improve the infrastructure required for "doubling" its existing capacity to 9.85 Million TEUs annually.

Ashok Chawla named part-time chairman of YES Bank

Mumbai, Aug 22

Former head of the Competition Commission of India (CCI) Ashok Chawla will take over as the non-executive part-time chairman of YES Bank -- the country's fifth-largest private sector bank -- in October as the RBI has given approval for the appointment, the bank said on Monday.

What Urjit Patel's appointment could mean for RBI rate cuts

Mumbai, Aug 21

The appointment of Urjit Patel, as Governor of the Reserve Bank of India (RBI), effective from September 4, has naturally raised expectation among those who were critical of outgoing Governor Raghuram Rajan for not easing enough the monetary policy by cutting rates.

Bankers welcome Raghuram Rajan's successor Urjit Patel

New Delhi, Aug 20

Banking industry captains on Saturday welcomed Urjit R. Patel as Raghuram Rajan's successor at the Reserve Bank of India (RBI).

Weak macros dent equity markets

Mumbai, Aug 20

Unable to withstand the jitters of weak domestic macro-economic data and increased chances of a US rate hike, Indian equity markets traded with volatile sentiments to end on a flat-to-negative note in the just-concluded week.

Profit booking, negative global cues subdue equity markets

Mumbai, Aug 19

Profit booking, negative global cues and a weak rupee subdued the Indian equity markets on Friday.

SBI is top government bank pick, share swap ratio a non-event: Jefferies

Chennai, Aug 19

The share swap ratio announced by State Bank of India (SBI) for taking over three of its listed associate banks and the Bharatiya Mahila Bank (BMB) is a non-event with revenue synergy/cost efficiencies being open variables and little change in consolidated tier one capital, investment banking firm Jefferies has said.

SBI approves swap ratio of 3 associate banks, Bharatiya Mahila Bank

Chennai, Aug 18

In a move that can potentially trigger a major consolidation in India's state-run financial services space, the board of State Bank of India (SBI) on Thursday approved the swap ratio for taking over four banks -- three of its associate banks as well as the Bharatiya Mahila Bank Ltd (BMB).

Corporates dropping PSBs as their primary bank: Report

Mumbai, Aug 17

Apart from State Bank of India (SBI) and its associates, the rest of the public sector banks (PSBs) along with foreign banks, are losing out on their share of primary bank relationships for corporates, a report has said.

Negative global cues, profit booking subdue equity markets

Mumbai, Aug 16

Negative global cues, along with profit booking and lower global crude oil prices, depressed the Indian equity markets on Tuesday.

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