Sbi

Insurance cos must sell protection products first: SBI MD Ashwini Tewari

SBI Managing Director Ashwini Tewari says insurance firms should prioritise protection products over ULIPs and calls for stronger safeguards against mis-selling

PSBs' net profit up 11.2% in FY26, hits new high of ₹1.98 trillion

Public sector banks posted record profitability for the fourth straight year in FY26, aided by strong credit growth, improved asset quality, and better operational efficiency

SBI shares tank 11% in 2 days; Brokerages cut FY27 estimates after Q4 miss

SBI share price dropped over 4% today after Q4 results missed estimates due to lower NIMs and treasury losses. Brokerages including Emkay, MOFSL and Systematix retain 'Buy', but cut target prices

SBI chief flags rising risks from rapid growth in digital finance

State Bank of India Chairman C S Setty on Monday cautioned that rapid growth in digital finance, platform lending and data-driven underwriting is creating new vulnerabilities in the financial system, and said resilience must evolve alongside innovation. Speaking at the CII Annual Business Summit, Setty said banks and financial institutions must continue strengthening governance frameworks, capital buffers, cybersecurity capabilities and risk management systems. He said as the banking system undergoes technological transformation, India's financial architecture would have to remain resilient with trust embedded in all innovation. "As India's financial system expands in scale and complexity, trust must remain its foundational principle. Innovation without trust cannot sustain itself. The rapid growth of digital finance, platform lending and AI-driven underwriting creates new opportunities but also new vulnerabilities," he said at a session on 'The Future of Financing'. Setty warned t

India to grow 6.6% in FY27; needs package on BoP front: SBI report

India's economy is projected to grow at 6.6 per cent in 2026-27 fiscal while a comprehensive package is required on the Balance of Payments (BoP) front amid rupee depreciation and higher oil price, an SBI Research report said on Monday. The report said the rupee, which has weakened much in the recent period "through clouds on external macros, as also unabated speculative forces" needs structural changes on BoP front, stream lining the guard rails of import substitution, export competitiveness, integration in global value chain. The rupee has breached the 95-mark against the US dollar that has strengthened due to rising global uncertainties, triggered by the West Asia conflict. "There is now a felt need to put in place a comprehensive package to address Balance of Payments (BoP)," SBI Research said and made a strong case for diaspora bonds. With the country's macro fundamental getting distorted as Brent crude prices hover above USD 100, and transport and insurance costs spiking, the

Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard

The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...

SBI's Q4 net profit rises 5.6% due to a drop in non-interest income

Posts record yearly profit of Rs 80,032 crore; Shares plunge over 6% of margin compression

SBI shares tumble 7% after Q4FY26 results miss Street estimates

SBI shares plunged over 7 per cent after Q4FY26 results missed Street expectations on net interest income growth despite improved asset quality and higher net profit.

Stocks to Watch today: SBI, BSE, MRF, MCX, Hyundai Motor India, Emami

Stocks to Watch today, May 8, 2026: Britannia Industries, Hyundai Motor India, Bharat Forge, Hexaware Tech, and Titan Company are among the top stocks to watch today

SBI Q4FY26 result: Net profit rises 5.6% to ₹19,684 crore, misses estimates

Total income declined to ₹1,40,412 crore in March quarter from ₹1,43,876 crore in the same period a year ago, SBI said in a regulatory filing

Q4 results: SBI, Titan, Hyundai Motor, Swiggy, Cera, and 72 more on May 8

Q4FY26 company results: Firms including Tata Consumer Products, ABB India, Bank of Baroda, Bank of India, Oberoi Realty, and Kalyan Jewellers are also to release their January-March earnings today

Proposal to raise Jan Suraksha cover under review: DFS secy M Nagaraju

The Finance Ministry is evaluating a proposal to raise insurance cover under PMJJBY and PMSBY to Rs 5 lakh from Rs 2 lakh

SBI plans up to $2 billion overseas bond raise; board meet on May 12

SBI's board will meet on May 12 to consider raising up to $2 billion through public offers or private placements of foreign currency bonds in FY27

Trading guide: Nifty eyes 24,750; AB Capital, SBI, LIC HFL on analyst radar

Stocks to buy: Ajit Mishra of Religare Broking recommends buying the shares of Aditya Birla Capital, LIC Housing Finance, and SBI today

SBI Q4 results preview: Profit may drop up to 12% on treasury loss

SBI Q4FY26 preview: Profit may fall up to 12% due to weak treasury income. Brokerages share NII, loan growth, NIM and dividend expectations

Street signs: Of balance sheets and West Bengal, Bandhan's 40% sprint

The IPO market feels oddly still these days with only a couple of equity offerings trickling through the past six weeks

RBI's expected credit loss guidelines may hit PSBs, mid-tier banks harder

Large private lenders seen to be better cushioned as higher provisioning raises capital costs

Gap between ATM withdrawals and cash in circulation widens, says SBI

Gap between per capita currency in circulation and ATM withdrawals widens sharply, reflecting precautionary cash holding even as digital payments surge to record highs

SBI General's FY26 profit rises 8.7% to ₹553 crore on premium growth

SBI General Insurance reports modest profit growth in FY26, supported by higher premiums, improved loss ratio, and gains in market share

AI can transform financial market infrastructure: SBI Chairman Setty

SBI Chairman Challa Sreenivasulu Setty said AI can strengthen risk management, improve efficiency, and enable real-time surveillance in financial markets infrastructure