SBI Associate Banks' Staff Strike affected Operations. Also, Indian shares dropped for a second day on Tuesday, falling 2.9 percent to their lowest close in three weeks, as weak world markets added to the gloom caused by the absence of a stimulus for the industry in Monday's Indian budget.
SBI's stock climbed the most in more than five weeks in Mumbai trading after reporting third-quarter profit increased 37 percent on gains in investments in government bonds and higher loans.