State Bank of India

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

Australian bank signs agreement with SBI

Canberra, Jan 15

An Australian bank said Thursday it has signed an agreement with State Bank of India (SBI), the country's largest lender, to increase cooperation in project finance, migrant banking and international payments between banks, a media report said.

SBI branch manager abducted in Meghalaya

Shillong, June 16

An official of the State Bank of India (SBI) was Monday abducted by suspected tribal militants in Meghalaya's South West Garo Hills district, police said.

Assam MLA's relative arrested in Meghalaya

Shillong, July 3

A relative of an Assam legislator was arrested in Meghalaya for his involvement in the abduction of a State Bank of India official, police said here Thursday.

Fire in Chennai bank

Chennai, July 12

A fire broke out in a building housing a State Bank of India branch here Saturday but was brought under control and no one was injured, a fire service personnel said.

Ethiopia seeks out Indian banks to boost investment

Addis Ababa, July 17

In a sign of Africa's growing confidence in India's investment potential to boost its growing economy, Ethiopia has sought that the Indian banking system engage with this East African nation's financial sector despite its banking sector being off limits to foreign banks.

'State Bank of Patiala ready to merge'

New Delhi, July 30

One of the five associate banks of the country's top lender, the State Bank of India (SBI), is set to merge with the parent this fiscal. State Bank of Patiala is the most likely suitor, a top banker has said.

SBI returns to profit in Q1

Mumbai, Aug 8

India's largest government-owned State Bank of India (SBI) returned to profit after six quarters, posting Rs.3,349 crore net for first quarter (April-June) of this fiscal (2014-15), a 3.3 percent year-on-year (YoY) growth over same period a year ago at Rs.3,241 crore.

Kidnapped SBI official in Meghalaya still untraced

Shillong, Aug 13

The whereabouts of a State Bank of India (SBI) official kidnapped by militants eight days ago are still not known, while 42 SBI branches across the state remained shut demanding his release, an official said Wednesday.

Mother Dairy launches 'SmartChange Card'

New Delhi, Aug 27

Dairy products major Mother Dairy Wednesday announced its strategic tie-up with State Bank of India (SBI) for the launch of its SmartChange Card for milk booths in the national capital region (NCR).

SBI's new fixed deposit rates effective from Thursday

New Delhi, Sep 17

Anticipating a lower credit offtake than what was expected, State Bank of India (SBI) has revised its fixed deposit rates Thursday onwards.

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