Singapore, June 22, 2015 -- Moody's Investors Service has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings of Baa3/P-3. Moody's has also affirmed the (P)Baa3 ratings on the bank's and its branches' senior unsecured medium term note (MTN) program, and the Baa3 rating on the senior unsecured debt issued from its London branch. The outlook of SBI and its branches is positive.
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