Vikas Satija, MD & CEO, Shriram Wealth, said that this kind of FII selling in previous cycles of market downturn could have resulted in a 40-50 per cent drawdown.

Pravin Palande (left) interviews Vikas Satija, MD & CEO, Shriram Wealth (right) at BFSI Summit 2026.

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Business Standard BFSI Insight Summit 2026: SBI Chairman CS Setty says higher rates could moderate discretionary spending and consumption credit

CS Setty, SBI chairman, BFSI summit

Sensex Today | Stock Market LIVE Updates, Monday, Oct 26, 2026: The broader market indices recovered from the morning lows to trade higher.

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So far this year, Infosys shares remain 31 per cent lower amid a selloff in traditional IT services companies on AI-led deflation fears.

Infosys share price

Moderation in credit growth guidance to 15-17 per cent and higher credit cost amid volatile monsoon remains a concern, however, recent correction in valuation offers upside potential.

Shriram Finance

Thus far in the calendar year 2026, BSE stock outperformed the market by soaring 28%  as against a 13% decline in the Nifty 50.

BSE, Bombay Stock Exchange

At the Business Standard BFSI Insight Summit 2026, SBI Chairman CS Setty said the bank will focus on housing loans, corporate lending and MSME growth to support India's economic goals

SBI Chairman CS Setty, Business Standard BFSI Insight Summit 2026

At Business Standard's BFSI Summit, public sector bank chiefs discussed how RBI's swap support, leverage and overseas outreach helped mobilise FCNR(B) deposits, highlighting need for risk management

Left to right: Business Standard's Tamal Bandyopadhyay, Union Bank of India MD & CEO, Asheesh Pandey, PNB MD & CEO Ashok Chandra, Indian Bank  MD & CEO Binod Kumar, BoB MD & CEO Debadatta Chand, SBI MD, Rama Mohan Rao Amara.

At the Business Standard BFSI Insight Summit 2026, SBI Chairman CS Setty says a minimal MDR could support banks, with safeguards to protect consumers from extra charges

SBI Chairman, BFSI summit

Stay updated with the latest stock market news and live updates. Get real-time insights on Sensex Today, Nifty Live, stock market today, IPO news and more on Business Standard.

Share Market Today | Latest Stock Market News, Sensex Today and Nifty Live Updates

Stay updated with the latest stock market news and live updates. Get real-time insights on Sensex, Nifty, stock market today, IPO news, mutual funds, and more on Business Standard.

BFSI Summit 2026

Without strong SIP inflows, markets could have fallen 40-50%: Vikas Satija

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