State Bank of India News

PSU banks extends rally, gain up to 4%; SBI, BoB, Indian Bank hit new highs

In the past one month, the Nifty PSU Bank index has soared 12 per cent, as compared to 2.7 per cent decline in the Nifty 50.

SBI in talks with Japanese lenders for acquisition financing: C S Setty

It has nearly ₹1 trn capacity to lend towards this segment; bank to file prospectus with Sebi by March for SBI MF IPO

Nifty PSU Bank index soars 2%, hits new high; PNB, Canara, UBI shares up 3%

Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.

Pvt banks to outperform PSBs post H1FY27: PL Capital; bets on SBI, ICICI Bk

The brokerage expects PSBs to continue growing well until the first half of FY27 (H1FY27), but said private sector banks (PVBs) could outperform thereafter

PSU Bank index outshines Nifty for 6th straight month; up 41% since Sep-25

Thus far in the month of February 2026, the Nifty PSU Bank index has rallied 5.5 per cent, as compared to 2 per cent rise in the benchmark Nifty 50.

Axis Sec sees up to 18% upside in these 4 stocks; charts show bullish trend

SBI, Federal Bank, Shriram Finance and Ujjivan SFB are showing strong bullish uptrend, with all 4 stocks trading above the key moving averages across time-frames, suggest technical charts.

TCS Mcap rout deepens; loses spot to ICICI Bank for first time since 2009

Reliance Industries currently ranks first with a market capitalisation, followed by HDFC Bank in second place and Bharti Airtel in third

SBI, Eicher, L&T, Shriram Finance hit new peaks; ONGC, NTPC at 52-wk highs

NTPC and Oil and Natural Gas Corporation (ONGC) from the Nifty 50 touched their respective 52-week highs.

SBI pips TCS, takes 4th spot in market-cap ranking; stock up 10% in 3 days

At 11:55 AM on Wednesday; SBI's market cap stood at ₹10.78 trillion, as compared to TCS's market cap of ₹10.68 trillion on the BSE, the exchange data shows.

SBI shares hit record high after Q3; brokerages raise target up to ₹1,300

SBI shares hit a fresh all-time high after Q3FY26 results beat estimates. Brokerages raise earnings forecasts and target prices to ₹1,300, maintaining buy calls

Nifty PSU Bank index rallies nearly 4%, hits new high; what's driving PSBs?

In the past one month, the Nifty PSU Bank index has outperformed the market by surging 7 per cent, as against 0.5 per cent gain in the Nifty 50.

SBI Q3FY26 results: Net profit up 24.5% to ₹21,028 crore on strong NII

SBI's Q3FY26 net profit rose 24.5 per cent to ₹21,028 crore on higher NII and non-interest income. The bank raised FY26 credit growth guidance to 13-15 per cent

SBI Q3FY26 result: Profit jumps 13.06% to ₹21,317 cr, income at ₹1.85 trn

On a standalone basis, the largest lender in the country reported 24.48 per cent jump in the December quarter net profit at ₹21,028 crore as against ₹16,891 crore in the year-ago period

Q3 results: SBI, Mahanagar Gas, Chemplast Sanmar among 109 firms on Feb 7

Q3FY26 company results: Firms including Tinna Rubber and Infrastructure, Autoline Industries, Balkrishna Paper Mills, and VST Tillers Tractors are also to release their October-December earnings today

Rate sensitive shares trade mixed; PSU Bank index down 2% post RBI policy

At 10:45 AM; the Nifty PSU Bank, Nifty Realty and Nifty Auto index were down in the range of 0.67 per cent and 2 per cent, as compared to 0.60 per cent decline in the benchmark Nifty 50.

SBI Q3 results preview: Analysts see muted profit growth, higher provisions

SBI Q3FY26 results preview: Analysts expect muted profit growth amid higher provisions. Check earnings estimates, NII, NIM outlook, and results date.

Nifty Bank index hits all-time high; HDFC, Axis, Canara Bank soar up to 8%

Bank stocks rally on India-US trade deal, and hopes of the government raising FDI cap in PSBs to 49 per cent, and relaxing voting rights, believe analysts.

Nifty PSU Bank index slips 8% in 2 days; Indian Bank, BOB down up to 11%

Despite the past two days decline, the Nifty PSU Bank index has outperformed the market by surging 21%, as against 1% rise in the Nifty 50 in the past five months.

Budget 2026 stock market crash: Sensex dips 2,800pts, Nifty 869pts intraday

Budget 2026 impact: The Sensex and the Nifty crashed over 3 per cent each from the respective day's high after FM proposed to hike STT on F&O trading. RIL and SBI were the major laggards.

PSU banks reel after Budget 2026; shares fall up to 7%: Here's why

All the PSU Bank index constituents were trading lower, with Bank of India, Bank Maharashtra, Indian Bank, Bank of Baroda, and Union Bank of India falling in the range of 3 to 7 per cent