State Bank of India News

Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat

PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.

Stocks to Watch today: TCS, Tata Steel, GMR Airports, M&M, SBI, HFCL & more

Stocks to watch today: TCS, SBI, Tata Steel, GMR Airports, M&M, HFCL, RIL, Fortis Healthcare, JSW Infra, Swiggy, Pidilite, Shree Cement, among others, will be in focus today

Stocks to Watch today: Maruti, RCF, BHEL, Torrent Pharma, Tata Power, IHCL

Stocks to watch today: Maruti Suzuki, Uno Minda, BHEL, Torrent Pharma, Tata Power, IHCL, IDFC First Bank, Kalyan Jewellers, Premier Energies, RCF, RRP Defense, among others, will be in focus today

Banks bet on Gulf, Singapore and Hong Kong to drive FCNR (B) flows

Banks expect the RBI's FCNR(B) deposit scheme to attract major inflows from the Gulf, Singapore and Hong Kong, with mobilisation expected to accelerate in August

SBI rolls out AI-powered features on YONO, expands trade finance services

The bank introduced an AI-powered virtual assistant, digital account opening, mobile trade finance and sustainability features as part of its push to strengthen digital banking services

Management churn in banks: Business as usual, or should you be worried?

Kotak Institutional Equities said that the recent management changes at HDFC Bank, Axis Bank and Bandhan Bank appear to be driven by individual career considerations rather than bank-specific concerns

SBICAP Securities appoints SBI executive Baldev Prakash as MD & CEO

Former Jammu & Kashmir Bank chief joins the SBI Group brokerage on deputation and will focus on technology, customer experience and long-term growth

SBI raises $300 mn via 3-year dollar bonds at SOFR plus 100 basis points

The country's largest lender becomes the latest Indian issuer to tap overseas debt markets under the RBI's concessional swap window with a $300 million bond issue

Nifty Bank surges 2% as ICICI Bank, HDFC Bank lead; key triggers here

Ban stocks are in the spotlight today as the RBI allowed domestic lenders to extend loans to non-residents against foreign currency ​deposits, including via their offshore branches.

SBI raises its FCNR (B) game with 9x leverage play under RBI scheme

SBI rolled out a 9x leverage facility under RBI's FCNR(B) scheme as India's forex reserves fell sharply on lower gold valuations

SBI board approves raising up to ₹60,000 crore via bonds in FY27

The country's largest lender plans to raise funds through long-term bonds, Basel III-compliant AT1 bonds and Tier 2 bonds during FY27

SBI, BoB, Union Bank: How to trade PSU bank stocks after 15% rally in June?

Hitesh Tailor, technical research analyst at Choice Broking expects up to 15 per cent additional gains in SBI, Bank of Baroda and Union Bank of India from here.

Stocks to Watch today: Bharti Airtel, HCL Tech, Adani Enterprises, SBI, GIC

Stock to Watch today, June 16, 2026: Oil India, Mahindra & Mahindra Financial Services, Craftsman Automation, and Kalpataru Projects are among the top stocks to watch today

Motilal Oswal sector of the week: Banks; top picks are SBI, ICICI Bank

The medium-term outlook for the banking sector remains constructive, supported by healthy credit growth, stable asset quality and improving liquidity conditions, says Motilal Oswal.

Banking shares in demand; HDFC Bank, BoB, Union Bank gain up to 3%

In the past one week, the Nifty Bank outperformed the market by gaining nearly 3%, as against 0.05% decline in the Nifty 50.

Dollar draw: Domestic banks raise their FCNR (B) deposit rates sharply

Major lenders have increased FCNR(B) deposit rates after the RBI offered to absorb hedging costs, a move aimed at attracting foreign currency inflows from NRIs

IDFC First, Federal, BOB, PNB, Canara Bank gain up to 4%; here's why

At 11:26 AM on the Tuesday, the Nifty Bank and Nifty Private Bank index (up 1 per cent each) and Nifty PSU Bank index up 2 per cent outperformed the Nifty 50, which was down 0.03 per cent.

Rate sensitive shares trade mixed post RBI policy; NBFC's rally up to 4%

Bajaj Finance, Shriram Finance, Cholamandalam Investment, REC and Power Finance Corporation were up between 2.5 per cent 4 per cent in intra-day deals on Friday.

Nifty Bank down 1%; Why SBI, ICICI Bank, Axis Bank, PNB shares fell today

Bank stocks fell on Monday, June 1, on rising oil prices and bond yields. Analysts, however, remain positive on the sector outlook on healthy credit growth outlook

SBI Annual Report FY26: Why Motilal Oswal sees 35% upside in this PSB stock

SBI's FY26 annual report highlights the lender's strong asset quality, healthy capital ratios, robust deposits and valuable subsidiaries