State Bank of India News

Angel One flags Nifty hurdle at 25,150; bullish on ITC, SBI, Force Motors

Stock market outlook: On the upside, 25,150 on the Nifty may act as an intermediate hurdle, followed by resistance near 25,400, says Osho Krishan of Angel One.

PSU Banks in focus; SBI, BOI, PNB, Indian Bank, Canara, UBI gain up to 3%

The Nifty PSU Bank index was the top gainer among sectoral indices up 2% in Monday's intraday deals, while the Nifty slipped 0.3%.

Stocks to watch: Tata Steel, ZEEL, Adani Enterprises, IOCL, SBI, Airtel

Stocks to watch today, Monday: Tata Steel, ZEEL, Adani Enterprises, Indian Oil, SBI, Bharti Airtel, Kalpataru Ltd, Tata Chemicals, Prestige Estates Projects, and more stocks will be in action today.

Banks' Q2 net profit tops ₹1.16 trillion, rises 20% on strong earnings

Growth in net interest income, lower provisioning, improved asset quality drive robust earnings

Strong loan growth, improving asset quality positive for SBI's outlook

State Bank of India (SBI) delivered encouraging results in the second quarter of 2026-27 (Q2FY27), albeit with some concerns

SBI shares: Strong NII, improving margins drive analysts' optimism after Q2

Jefferies called SBI its "top pick from the sector" and believes that CET-1 CAR at 13 per cent, healthy ROEs & scope to monetise stakes in businesses can support growth.

SBI Q2FY27 results: Net profit rose 14% on loan growth, stake sales

Net interest income rose 14.7% to Rs 49,143 crore, while provisions declined nearly 22% and gross NPA ratio improved to 1.39%

Stocks to watch: ITC, Lupin, NBCC, SBI, Dr Reddy's, Bosch, Ola Electric

Among other companies, earnings from State Bank of India, NSE, Bajaj Finserv, Solar Industries India, Bajaj Holdings and Lloyds Metals will also remain in focus as investors track their Q2 FY27

Flight to safety hits fintech funding, DPDP Act may lead to further squeeze

Fintech funding rounds declined 41 per cent to 153 in January-September 2026, even as capital raised increased 14 per cent to $2.2 billion, signalling a shift towards established firms

Public-sector banks take returns lead; private banks hold valuation edge

Stronger margin trends lift state-owned lenders, but analysts see limited scope for a significant narrowing of the valuation gap

HDFC to ramp up beyond home shores under incoming MD & CEO Anup Bagchi

Limited overseas reach constrained FCNR(B) deposit mobilisation; incoming chief Anup Bagchi may explore expansion as the lender reviews its strategy

Nifty PSU Bank index surges 3%; PNB, PSB, Canara, Union Bank soar up to 8%

At 09:49 AM on Monday, the Nifty PSU Bank index was top gainer among sectoral indices, up 2.6 per cent, as compared to 0.02 per cent decline in the Nifty 50.

Stocks to watch: HDFC Bank, ICICI Bank, Bajaj Fin, DLF, OMCs, NTPC & more

Stocks to watch: HDFC Bank, ICICI Bank, YES Bank, Axis Bank, Bajaj Finance, DLF, OMCs, NTPC, Bajaj Auto, Oberoi Realty, and more stocks will be in focus today.

RBI should widen LAF corridor to stabilise financial markets: SBI report

The SBI report favours an asymmetric widening of the LAF corridor, faster rate action and a shorter deadline for export proceeds as global uncertainty pressures markets

HDFC Bank, SBI, Federal, Canara Bank up 2%; what's driving banking stocks?

Analysts at Kotak Institutional Equities believe the rate hike cycle poses limited risk for banks, given healthy balance sheets, tighter underwriting standards and stronger borrower fundamentals.

Banks vs NBFCs: Where to invest after RBI rate hike? Analysts answer

Jefferies has named ICICI Bank, State Bank of India (SBI) and Axis Bank as its top picks among large-cap banks post RBI MPC outcome.

PSU banks in focus; Bank of India, PNB, Indian Bank, IOB rally up to 4%

At 10:23 AM on Monday, the Nifty PSU Bank index was top gainer among sectoral indices, up 2 per cent, as compared to 0.44 per cent rise in the Nifty 50.

State Bank of India buys nearly 40% of Reliance's $1.35 billion debt sale

The state-run bank ‌is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering

Nifty PSU Bank tanks 2%, stocks dip up to 4%; Analysts flag rate hike woes

PSU Bank stocks slide: Bank of India, Bank of Maharashtra, Union Bank of India, Canara Bank, Punjab National Bank and Bank of Baroda declined 2-4% in Monday's trading session.

Financial sector has reinforced growth momentum: SBI Chairman C S Setty

SBI Chairman C S Setty says stronger bank profitability, credit demand and asset quality give the sector greater capacity to support investment and India's next stage of growth