Sbi

Earnings revival to boost Indian equities in CY26; SBI, Infy top MOFSL bets

Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.

Elara sees slower re-rating for mid-tier banks, favours large pvt lenders

While the consensus outlook for FY27 remains positive for the sector, Elara believes that a stronger liability franchise will be key, with risk-reward ratio more favorable for frontline private banks

Where to invest in 2026?: Motilal Oswal’s top stock picks and targets | Nifty 50 | Investment tips

As 2025 winds down, one of India’s largest wealth managers is laying out its roadmap for the year ahead.

States will gain ₹17,000 crore due to VB-G RAM G, says SBI paper

The paper has taken seven criteria and divided them into equity and efficiency. To simulate the hypothetical scenario, it takes seven parameters and assigns weights to balance both equity and efficien

Mcap of 7 most valued firms declines by ₹35,439 cr, SBI biggest laggard

The combined market valuation of seven of the top-10 most valued firms declined by Rs 35,439.36 crore in a holiday-shortened last week, with State Bank of India taking the biggest hit, in line with a muted trend in equities. Last week, the BSE benchmark climbed 112.09 points or 0.13 per cent. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, SBI, Bajaj Finance, Larsen & Toubro and Life Insurance Corporation of India (LIC) faced erosion from their valuation, while HDFC Bank, Bharti Airtel and Infosys were the winners. The market valuation of State Bank of India tumbled Rs 12,692.1 crore to Rs 8,92,046.88 crore. Reliance Industries' valuation dropped by Rs 8,254.81 crore to Rs 21,09,712.48 crore. Bajaj Finance faced an erosion of Rs 5,102.43 crore to take its market valuation to Rs 6,22,124.01 crore. The market capitalisation (mcap) of Larsen & Toubro declined by Rs 4,002.94 crore to Rs 5,56,436.22 crore and that of ICICI Bank edged lower by

Home loan book set to cross ₹10 trn in FY26 on strong demand: SBI chief

State Bank of India (SBI), the country's largest lender, is poised to achieve another milestone with its home loan portfolio expected to cross the Rs 10 lakh crore mark next fiscal year, driven by robust demand and a favourable low-interest-rate regime. "Today my home loan portfolio is more than Rs 9 lakh crore...this is the single largest business unit in the bank, over 20 per cent of our total assets," SBI Chairman C S Setty told PTI. At 14 per cent growth rate, SBI is well on the path to achieve a milestone of Rs 10 lakh crore home portfolio next financial year, he said. SBI's home loan portfolio crossed Rs 9 lakh crore mark last month, making it the biggest mortgage loan provider in the country. The bank closed FY25 with the home loan book at Rs 8.31 lakh crore, registering 14.4 per cent growth over the previous financial year. SBI has built a home loan portfolio in a gradual and steady manner over the years - from Rs 1 lakh crore milestone in March 2011 to Rs 9 lakh crore in

SBI to revisit construction finance policy for housing projects: Chairman

State Bank of India (SBI) Chairman C S Setty on Saturday said that the bank will reassess its policy on construction finance for residential real estate, but stressed that accountability and transparency will be key factors in determining interest rates for such loans. At present, the bank has almost negligible presence in construction finance for housing projects, but it is slowly building a book on commercial real estate, especially office space. "So how do we work out on the construction (finance), particularly on the residential real estate, is something that we are working on. But it is also a fact that many of the people who have been aggressive on the residential real estate market have burned their hands," he said, while reminding realtors of past cases of failures due to overleveraging. "The stability in terms of transparency, in terms of project management, in terms of risk management, gives us some confidence....accountability is something what is going to give confidence

SBI onboards 541 probationary officers as hiring drive continues

State Bank of India onboarded 541 probationary officers, taking a step towards its plan to hire 18,000 employees this financial year

RBI likely made $30 bn intervention in FX market in Jun-Oct period

India's foreign exchange reserves stood at $703 billion in June 2025 but declined to $687.2 billion in the week ended December 5, as per the latest data released by the RBI

Govt extends tenure of SBI MD Ashwini Kumar Tewari for another 2 years

The government has extended the tenure of State Bank of India Managing Director Ashwini Kumar Tewari for another two years. The central government re-appoints Ashwini Kumar Tewari as Managing Director in State Bank of India (SBI) with effect from the date of his assumption of charge of the post, beyond his currently notified term, which is ending on January 27 2026, till the date of his superannuation that is December 31, 2027, the state-owned lender said in a regulatory filing on Wednesday. This is the second time that Tewari got a two-year extension. The first time he got an extension was in 2024. He was appointed as MD of SBI in January 2021 for an initial three-year term. The SBI board is headed by the Chairman, assisted by four managing directors.

ACC approves appointment of Ravi Ranjan as MD of State Bank of India

The SBI board is headed by a chairman, assisted by four managing directors. The Appointments Committee of the Cabinet is headed by Prime Minister Narendra Modi

Six private sector candidates apply for Canara Bank MD & CEO role

On October 9, the government opened up one MD position in State Bank of India (SBI) and other PSBs for private sector bankers

Govt reappoints Ashwini Tewari as SBI managing director till December 2027

Earlier this week, the government appointed Ravi Ranjan as managing director with effect from December 15, 2025, till September 30, 2028

Payments to be most-used service on YONO 2.0, says SBI chairman C S Setty

According to SBI, with the new YONO app and internet banking now operating on a unified backend architecture and sharing the same user interface, customers will experience seamless omnichannel

SBI aims to double YONO app users, plans significant investment: Chairman

State Bank of India Chairman C S Setty has said that the bank is targeting to double its YONO app user base to 20 crore over the next two years with the launch of a new version on Monday. YONO 2.0 is a significant upgrade, offering a better experience for customers and a robust digital platform for the bank, and full fledged features will be rolled out over 6-8 months, he told PTI in an interview. "From a bank perspective, YONO 2.0 is a key anchor of digitalization, with a common code for internet banking and mobile banking. This allows for seamless integration across channels, enabling SBI to launch new products and processes quickly. The bank aims to leverage YONO 2.0 to enhance its digital presence and customer engagement," he said. For example, he said, YONO 2.0 developed a common core for customer journeys, which will ensure a seamless experience across internet banking, mobile banking, and branch channels for account opening or any other transaction. "Today, we have almost 10

SBI cuts peak deposit rate by 15 bps; cuts MCLR by 5 bps across tenors

SBI's Amrit Vrishti, which offered 6.6 per cent for 444 days, has been revised downward to 6.45 per cent

SBI raises data centre exposure target to Rs 4,000 crore for FY26

SBI plans to lift data centre exposure to Rs 4,000 crore by March 2026 from Rs 2,800 crore in October 2025, while setting up specialist teams and reviewing margins amid NIM contraction

SBI MD flags concerns on Account Aggregator's single consent mechanism

SBI managing director Ashwini Kumar Tewari on Wednesday expressed concerns over Account Aggregator's mechanism of obtaining a single consent from customers for all financial services products. Speaking at an event here, Tiwari argued that most customers do not read the fine print and often sign up without understanding the details. An Account Aggregator (AA) is a Reserve Bank of India (RBI) regulated entity that acts as a consent-based data intermediary. The Account Aggregator framework was introduced by the Reserve Bank of India (RBI) to enable the easy sharing of data between financial institutions for quicker decision-making. There are as many as 225 million users on AA at present. A single consent from the customer is used across all financial services products, including giving loans, signing up for wealth management or account openings, Tewari said at an event here. Customer consent is obtained only once; customers do not read the fine print before authorising and end up sig

RBI cuts repo rate; SBI, HDFC, ICICI to remain ‘too big to fail’ banks, & more

The RBI’s six-member MPC cut the repo rate by 25 bps to 5.25% and kept the policy stance neutral.

Nearing expiry: SBI seeks tax break extension for its GIFT City unit

SBI has asked the Centre to extend its 10-year tax holiday at GIFT City, saying early entrants lost effective benefit years. Experts warn activity could shift offshore if incentives lapse