Page 2 - Sbi

SBI Q3FY26 result: Profit jumps 13.06% to ₹21,317 cr, income at ₹1.85 trn

On a standalone basis, the largest lender in the country reported 24.48 per cent jump in the December quarter net profit at ₹21,028 crore as against ₹16,891 crore in the year-ago period

Q3 results: SBI, Mahanagar Gas, Chemplast Sanmar among 109 firms on Feb 7

Q3FY26 company results: Firms including Tinna Rubber and Infrastructure, Autoline Industries, Balkrishna Paper Mills, and VST Tillers Tractors are also to release their October-December earnings today

A new hand on the wheel at Yes Bank: Vinay Tonse named new MD & CEO

Vinay Tonse will replace Prashant Kumar as MD & CEO as bank readies next growth push

SBI Q3 results preview: Analysts see muted profit growth, higher provisions

SBI Q3FY26 results preview: Analysts expect muted profit growth amid higher provisions. Check earnings estimates, NII, NIM outlook, and results date.

Ex-SBI MD Vinay Tonse to succeed Prashant Kumar as Yes Bank MD & CEO

RBI has approved the appointment of former SBI managing director Vinay Tonse as Yes Bank's MD & CEO for three years, subject to shareholder approval

PSU banks reel after Budget 2026; shares fall up to 7%: Here's why

All the PSU Bank index constituents were trading lower, with Bank of India, Bank Maharashtra, Indian Bank, Bank of Baroda, and Union Bank of India falling in the range of 3 to 7 per cent

SBI launches CHAKRA, to invest ₹100 trn in sunrise sectors over 5 years

The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs

SBI will double its balance sheet in 6-7 years: SBI chairman CS Setty

There is greater confidence among banks to lend to MSMEs because of data availability, and clarity in terms of their business models, says Setty

Any firm not taking IT seriously will not sustain for long: Bhattacharya

Former SBI chief Arundhati Bhattacharya says AI is reshaping leadership and banking, urging firms to embrace technology to drive inclusion, agility and better customer service

Budget 2026: SBI Research sees fiscal deficit at 4.2% amid global risks

SBI Research expects Budget 2026 to focus on fiscal discipline, managing rising debt, steady borrowing and higher capital spending amid global uncertainty and volatile markets

Mcap of 3 top firms jumps by ₹75,855 cr; SBI, Infosys biggest winners

The combined market valuation of three of the top-10 most valued firms jumped Rs 75,855.43 crore in a holiday-shortened last week, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities. Last week, the BSE benchmark Sensex dipped 5.89 points, and the NSE Nifty went up by 11.05 points. While ICICI Bank, State Bank of India and Infosys were the gainers, Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Bajaj Finance, Hindustan Unilever and Larsen & Toubro faced a combined erosion of Rs 75,549.89 crore from their valuation. The combined erosion of these seven firms was less than the total m-cap addition of Rs 75,855.43 crore of the three companies - ICICI Bank, State Bank of India and Infosys. SBI's market valuation jumped Rs 39,045.51 crore to Rs 9,62,107.27 crore, becoming the biggest gainer. The market capitalisation (mcap) of Infosys surged Rs 31,014.59 crore to Rs 7,01,889.59 crore. ICICI ..

SBI terminates GMU Kolkata lease; civil society urges RBI to intervene

The State Bank of India has terminated the lease for its Global Markets Unit (GMU) premises in Kolkata, a move that has drawn objections from a civil society forum, which has urged the Reserve Bank of India (RBI) to intervene and stop any closure of the unit without regulatory approval. An SBI notice dated January 14, 2026, issued to a vendor, stated that the bank is terminating the lease for the 11th to 16th floors of the Jeevan Sudha Building on Jawaharlal Nehru Road in central Kolkata, which housed the foreign exchange and global markets unit. The notice provides a one-month period to vacate, signalling the bank's intent to leave the premises as part of its plan to consolidate treasury and forex operations in Mumbai. The bank used to operate its GMU and some international operations from Jeevan Sudha Building. However, the bank has a massive building, Samriddhi Bhavan, located at 1, Strand Road on the banks of the Hooghly, which serves as a major hub housing several SBI ...

Analyst at Motilal Oswal suggests buying these three stocks today; details

Nifty outlook: Nifty has to cross and hold above 25,800 for strength to rebuild towards 25,900, then 26,000 marks, while support can be seen at 25,600 then 25,500 zones

JM Financial sees steady growth in financials; favours select bank stocks

Among its top stock picks, JM Financial continues to back large lenders, including State Bank of India (SBI), ICICI Bank, Bank of Baroda (BoB), and Axis Bank

Top asset manager taps Citigroup, HSBC Holdings for nearly $1.4 billion IPO

Top asset manager taps Citigroup, HSBC Holdings for nearly $1.4 billion IPO

SBI to promote India-Israel bilateral trade in rupee as FTA talks gain pace

Amid deepening strategic ties and discussions around Free Trade Agreement (FTA) between India and Israel gaining momentum, the State Bank of India (SBI), the only Indian bank with a presence in Israel, is looking to facilitate bilateral trade in Indian rupees. "In view of India's significant trade flows from/to its partner countries and growing interest among the global trading community to trade in the Indian rupee, it has been envisaged by our banking regulators, i.e. Reserve Bank of India, to permit Indian banks to facilitate settlement of exports and imports of their respective corporate clientele in INR. Israel has been identified as one of the partner countries under this mechanism," CEO of SBI Israel, V Manivannan, told PTI. Israeli entities undertaking exports/imports through this mechanism shall receive and make payments in INR, which shall be credited into the Special Rupee Vostro Account (SRVA), against invoices for the supply/purchase of goods or services from the Israeli

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