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

Equity markets soar on positive global, domestic cues

Mumbai, Sep 22

Positive global cues, coupled with fresh inflow of foreign funds and a strong rupee, lifted the Indian equity markets on Thursday.

IT merger of SBI, associates to conclude by end-December

San Francisco, Sep 22

The integration of IT backbone, a key component in the merger of State Bank of India (SBI) with six other smaller banks, will be completed by the end of this December -- well before the March 31, 2017, target for full-fledged amalgamation, a top official has said.

Post tea auction operations hampered: Tea producers

Kolkata, Sep 22

Country's tea producers' apex body, Indian Tea Association (ITA) said post auction operations have been hampered as the settlement bank and NSEIT, the facilitators of the pan India e-auction system, have failed to meet the payment settlement requirements of the traders.

Equity markets slip on global cues, profit booking

Mumbai, Sep 21

The Indian equity markets on Wednesday closed flat, as the initial gains were pared by a last hour bout of profit booking.

Equity markets plunge on weak global cues, macro-data

Mumbai, Sep 17
Indian equity markets gave way to the bears during the truncated trading week ended Friday, as investors' sentiments were eroded by speculation of a possible US rate hike and weak macro-economic data.

Indian equity markets end flat, IT stocks down

Mumbai, Sep 14

Indian equity markets closed on a flat note on Wednesday, as negative global cues, foreign funds outflow, disappointing macro-data and profit booking dented investors' sentiments.

India's three women bankers in Fortune's list

New York, Sep 13

State Bank of India's chairperson Arundhati Bhattacharya, ICICI Bank's chief Chanda Kochhar and Axis Bank CEO Shikha Sharma ranked in the top twenty of the '50 Most Powerful Women International' list released by Fortune.

Equity markets plunge on bearish global cues

Mumbai, Sep 12

The increased possibility of a US rate hike, coupled with profit-booking and outflow of foreign funds, dragged the Indian equity markets lower on Monday.

SBI mulls 25 basis point interest rate cut

Mumbai, Sep 11

State Bank of India (SBI) Chairperson Arundhati Bhattacharya says a 25 basis points cut in interest rates was in the offing and that an improvement in the financial health of India's banking sector was closely linked to the overall performance of the economy.

Profit booking subdues equity markets

Mumbai, Sep 7

Profit booking and caution on the eve of the ECB (European Central Bank) meet subdued the Indian equity markets on Wednesday, as both the key indices closed on a flat note after a volatile day of trade.

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