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Updated 19 July 2024 at 18:40 IST

SBI Says Systems Working Fine, Unaffected by Microsoft Outage

Country's largest lender State Bank of India (SBI) on Friday said its systems are unaffected by the Microsoft global outage.

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State Bank of India, the country's largest lender, is ranked third among the top five banks with a market cap of Rs 6.78 lakh crore. SBI's net profit was hit by one time wage and pension provision of Rs 7,100 crore
SBI Says Systems Working Fine, Unaffected by Microsoft Outage | Image: SBI

Mumbai: Country's largest lender State Bank of India (SBI) on Friday said its systems are unaffected by the Microsoft global outage.

"We are all fine," its chairman Dinesh Khara told PTI, when asked about the impact of the global outage.

Microsoft users globally, several in India, have reported massive outages in services, with outage tracking website Downdetector showing users flagging disruptions across various services.

The outage disrupted flights, banks, media outlets and companies around the world on Friday.

Escalating disruptions continued hours after the technology company said it was gradually fixing an issue affecting access to Microsoft 365 apps and services.

(Except for the headline, this story has not been edited by Republic staff and has been published from a syndicated feed)
 

Published 19 July 2024 at 18:40 IST