Recent News Impact on SBI

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Questions and Answers

What is the significance of SBI being in the news recently?

  • It has announced a major expansion into international markets
  • It has been criticized for unethical business practices
  • It has declared record profits for the quarter
  • It has been involved in a high-profile merger (correct)

How has the recent news impacted SBI's stock performance?

  • Investors have shown a mixed reaction causing volatility in the stock price
  • The stock has surged to an all-time high on positive market sentiment
  • The stock price has plummeted due to regulatory issues
  • There has been no significant impact on the stock price (correct)

What is the primary reason for SBI's recent prominence in the news?

  • It has announced a landmark initiative for financial inclusion (correct)
  • It has been recognized as the 'Best Bank of the Year'
  • It has launched an innovative digital banking platform
  • It has faced a major data breach compromising customer information

How has SBI responded to the recent news events?

<p>It has issued a public apology and promised corrective actions (C)</p> Signup and view all the answers

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