Expects three Indian banks among top 10 global banks in terms m-cap by 2030
State Bank of India and joint venture partner Amundi will sell 10% stake in SBI Funds Management through an IPO in 2026, expected to raise Rs 11,000-13,000 crore
Entering top 10 global banks by m-cap by 2030 next aim, says Chairman Setty
SBIMF IPO news: SBI MF is a joing venture between SBI and AMUNDI Asset Management. State Bank of India owns a majority stake of approximately 61.9 per cent in SBI Mutual Fund
SBI's strong credit growth, stable NIMs, and improved asset quality drive optimism as analysts raise earnings and price targets for H2 FY26
Aim to have 20 crore mobile banking customers
State Bank of India reported a strong second-quarter performance, driven by gains from the Yes Bank stake sale, and raised its FY26 credit growth guidance to 12-14% amid steady asset quality
SBI Q2FY26 result: Profit up 6.4% at ₹21,504 crore, NII up 5.8%
In the past one month, SBI has outperformed the market by surging 11 per cent, as against 2.1 per cent rise in the BSE Sensex.
SBI Q2 results preview: While credit growth is seen in-line with industry growth, SBI may see margin pressure in Q2.
Q2FY26 company results: Firms including Adani Ports and SEZ, Aditya Birla Fashion and Retail, Alembic, and Interglobe Aviation are also to release their July-September earnings reports today
Bank of Baroda, Canara Bank, Bank of India, Union Bank of India, Uco Bank, Punjab & Sind Bank, Bank of Maharashtra, Indian Overseas Bank and Indian Bank were up in the range of 2-5% in Monday's trade.
In the past one week, PSU index has outperformed the market by gaining 1.5 per cent, as against 0.4 per cent decline in the BSE Sensex.
As per the new rules, the index must include a minimum of 14 constituents, compared with the current 12, while the weight of the top constituent will be capped at 20% - down from 33% presently.
SBI Optimal Equity and Emergent AIFs buy shares from promoter Neha Bansal at ₹402 apiece, joining Radhakishan Damani among investors betting on eyewear retailer's upcoming listing
PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts.
SBI plans to list SBI Mutual Fund and SBI General Insurance to unlock shareholder value, Chairman CS Setty said at BS BFSI Insight Summit 2025. SBI share hits record high
State-run banks, SBI, Uco bank, PSB among others gained up to 2% amid reports that India may considering allowing up to 49% FDI in PSU banks, more than double the current 20% cap.
SBI Life rallied 3%, while SBI Card dropped 3% post Q2 results; the parent company SBI is scheduled to announce earnings on Nov 4. Here's a likely trading strategy in SBI group shares?
SBI hit an all-time high of ₹913.40, as the stock rallied 3% on the BSE in intra-day trade, surpassing its previous high of ₹912.10 touched on June 6, 2024.