SBI raises data centre exposure target to Rs 4,000 crore for FY26

SBI plans to lift data centre exposure to Rs 4,000 crore by March 2026 from Rs 2,800 crore in October 2025, while setting up specialist teams and reviewing margins amid NIM contraction

India’s largest public sector lender, State Bank of India (SBI), is targeting to increase its exposure in data centres from around ₹2,800 crore to ₹4,000 crore by March 2026, a senior bank official said.

 

It comes against the backdrop of Union Finance Ministry telling the public sector banks (PSBs) to be ready to embrace new business opportunities in order to improve the deposits growth.

 

“SBI is planning dedicated teams, specialised training, sector-specific credit rating models, and the hiring of expert consultants to support this expansion,” the official said.

 

“The finance ministry has advised PSBs to strengthen their preparedness to embrace