State Bank of India (SBI.BO)

Tue, May 22 2018

UPDATE 3-State Bank of India sees rebound after record $1.1 bln Q4 loss

* Shares close end 4 pct higher on hopes bank turns corner (Adds Chairman comment, details on guidance)

Indian shares close slightly higher; SBI, Dr.Reddy's gain on Q4 results

May 22 Indian shares ended slightly higher on Tuesday, driven by gains in Dr. Reddy's Laboratories Ltd and State Bank of India (SBI) following their quarterly results.

UPDATE 1-State Bank of India posts record quarterly loss after central bank rule change

* SBI reports loss of $1.13 bln, far beyond analyst estimates

State Bank of India posts $1.1 bln Q4 loss, misses estimates

May 22 State Bank of India (SBI) posted a fourth-quarter net loss of 77.18 billion rupees ($1.13 billion) on Tuesday, hurt by higher provisions for bad loans.

BRIEF-State Bank Of India Keeps Lending Rates Under MCLR Unchanged In May

* KEEPS LENDING RATES UNDER MCLR UNCHANGED IN MAY Source text for Eikon: https://bit.ly/2hfLVQS

BRIEF-Bemco Hydraulics To Discontinue Banking Facilities With SBI

* SAYS CO DECIDED TO DISCONTINUE THE BANKING FACILITIES / CONSORTIUM WITH STATE BANK OF INDIA

BRIEF-India's SBI Says Providing Cash Withdrawal Through Point Of Sale Machines Without Any Charges

* SAYS PROVIDING CASH WITHDRAWAL THROUGH POINT OF SALE MACHINES WITHOUT ANY CHARGES TO BANK CUSTOMERS Source text for Eikon: [To reach out and facilitate maximum number of people looking for convenient cash withdrawal, State Bank of India, country's largest lender is also providing facilities of cash through 'Cash@POS' initiative. Debit card holders of SBI and all other banks can withdraw cash from PoS machines installed by SBI across various merchant locations. As per the RBI guidelines custome