Sbi

Mcap of 4 of top-10 most valued firms jumps ₹1.43 trn, SBI biggest winner

The combined market valuation of four of the top-10 most valued firms jumped Rs 1.43 lakh crore last week, with State Bank of India emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 404.53 points, or 0.51 per cent, and the NSE Nifty went up by 187.05 points, or 0.76 per cent. "Markets ended the week with modest gains despite heightened volatility, as investors navigated the roll-out of the new Closing Auction Session (CAS) framework for F&O stocks, the Reserve Bank of India's monetary policy decision, and lingering geopolitical uncertainties," Ajit Mishra SVP, Research, Religare Broking Ltd, said. From the top-10 pack, Reliance Industries, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro were the gainers, while Bharti Airtel, HDFC Bank, ICICI Bank, Bajaj Finance, Life Insurance Corporation of India (LIC) and Hindustan Unilever faced a combined erosion of Rs 1.23 lakh crore from their valuation. State Bank of India added Rs ...

SBI net profit rises 10% to ₹21,121 crore in Q1 on strong loan growth

Bank looks to mobilise $10 billion via FCNR (B) deposits

We have definitely missed the payments bus, says SBI Chairman Setty

SBI's YONO Pay is gaining traction among the bank's customers, but its volumes remain far behind market leaders PhonePe and Google Pay, which dominate UPI transactions

SBI Clerk notification 2026 released for 1,538 posts on official website

SBI has launched a dedicated recruitment drive for Junior Associates for 1,538 backlog vacancies in specialised categories. Online applications are open from today, Aug 7, till Aug 27, 2026

SBI Q1 results: Net profit rises 10.2% to ₹21,121 cr, income at ₹1.43 trn

The country's largest lender, State Bank of India (SBI) on Friday posted 13.73 per cent rise in its June quarter consolidated net profit at Rs 24,113 crore. The bank had logged a net profit of Rs 21,201.47 crore in the year-ago period and Rs 19,642.87 crore in the preceding March quarter. On a standalone basis, the bank's net profit grew 10.23 per cent on-year to Rs 21,121.22 crore as against Rs 19,160.44 crore in April-June 2025, a regulatory filing said. Total income rose to Rs 1.43 lakh crore from Rs 1.35 lakh crore a year ago, while total expenditure was up at Rs 1.10 lakh crore from Rs 1.04 lakh crore. Provisions for non-performing assets reduced to Rs 3,359 crore in June quarter from Rs 4,934 crore a year ago, but were higher than Rs 3,140 crore in the quarter-ago period. Gross non-performing assets ratio improved to 1.47 per cent as on June 30, 2026 from 1.49 per cent at March-end and 1.83 per cent a year ago. The bank's overall capital adequacy ratio stood at 15.67 per c

SBI shares gain 3.5% as Q1 profit jumps 10% to ₹21,121 crore, NII up 15%

SBI has reported a standalone net profit of ₹21,121 crore in Q1FY27, up 10 per cent from ₹19,160 crore posted in the same quarter a year ago.

Q1 results: SBI, Hindalco, Titan Company, BEML, and 202 more on Aug 7

Q1FY27 company results: Firms including Oil India, Power Finance Corporation, BEML, Godrej Consumer Products, and The Ramco Cements are also to release their April-June earnings today

Stocks to watch: SBI, Titan, LIC, Reliance Power, Swan Defence & Britannia

SBI, Titan Company, Hindalco, Power Finance, Oil India and Cupid among firms slated to post their June quarter results.

SBI Q1 Results Preview: Profit may fall 6-10%; NIMs to recover marginally

Analysts said that comments on NIM recovery, the impact of ECL transition, and mobilisation of FCNR deposits for the quarter are the key monitorables that investors must track in SBI's Q1 results.

SBI, HSBC and ICICI lead India's overseas deposit drive, data shows

The currency had declined to a record low in May but has steadied after the measures were announced in June

SBI raises ₹4,691 crore via AT-I bonds at 7.75%, first issuance in FY27

The country's largest lender received 89 bids and retained Rs 4,691 crore from the perpetual bond issue, marking the first AT-I issuance by a bank in FY27

Paytm Payments Bank to be wound down after Delhi High Court order

The RBI said the Delhi High Court has ordered the winding up of Paytm Payments Bank (PPBL) following the central bank's petition and cleared the appointment of Nair as the official liquidator

SBI PO Admit Card 2026 out at ibpsreg.ibps.in, exam on Aug 1; more details

SBI has released the SBI PO Admit Card 2026 on July 22. Candidates who applied for 1,500 PO posts can download their prelims call letters for the exam held on August 1 and 2, 2026

SBI Funds Management ends debut session at 6.3% premium to issue price

India's largest asset manager by QAAUM ended its market debut at a modest premium, below market expectations, after its Rs 9,813 crore IPO was subscribed 41.6 times

No further dilution by SBI in SBI Funds Management: Chairman C S Setty

SBI Funds Management made a subdued debut on the bourses, listing at Rs 613.30, a premium of 6.85 per cent over its issue price of Rs 574

SBI Funds Management poised for strong India debut after $1 billion IPO

Shares of the nation's largest funds manager by assets were quoted about 18% above the IPO price of ₹574 in the gray market on Monday

Eastern Uttar Pradesh bolstering digital banking, says SBI's Kumar Anand

SBI plans to deepen its presence in Eastern Uttar Pradesh by expanding digital banking, MSME and farm lending, while supporting tourism and ODOP industries

Geopolitical risks may keep credit-deposit gap elevated: SBI report

SBI Economic Research says prolonged geopolitical tensions and supply shocks could keep credit growth ahead of deposits, though FCNR(B) inflows may improve deposit mobilisation

SBI Funds Management pays razor-thin banker fees on top India IPO of 2026

SBI Funds, India's largest asset manager, is jointly owned by State Bank of India Ltd. and France's Amundi SA

NLC India Renewables names SBI Capital, HDFC Bank among IPO managers

State-owned NLC India's subsidiary NLC India Renewables Ltd (NIRL) has appointed four leading investment banks, including SBI Capital Markets and HDFC Bank, as book running lead managers for its proposed initial public offering (IPO). The other two book running lead managers (BRLMs) which have been selected following a board-approved, structured and competitive process are -- IIFL Capital Services, IDBI Capital Markets & Securities. The proposed IPO is expected to strengthen NIRL's capital base and support its long-term growth strategy in the renewable energy sector and to contribute to the country's target of achieving 500 GW of non-fossil fuel-based energy capacity by 2030, a company statement said on Friday. Also, it is intended to facilitate the listing of the equity shares of NIRL on the recognised stock exchanges in India, subject to receipt of applicable statutory and regulatory approvals, prevailing market conditions and other customary considerations. The appointment is ..