State Bank of India recorded a notable block trade on the National Stock Exchange (NSE) involving a substantial transaction worth ₹44.41 crores. The trade represents significant institutional activity in one of India's largest public sector banks.

Block Trade Details

The transaction involved the exchange of approximately 429,503 shares at a price of ₹1034.10 per share. Block trades are typically executed by institutional investors and represent large-volume transactions that occur outside the regular market trading mechanism.

Market Significance

Block trades often indicate institutional interest and can reflect strategic positioning by large investors, mutual funds, or other financial institutions. Such transactions are executed separately from regular market trading to minimize market impact while facilitating large-volume exchanges.

The execution price of ₹1034.10 per share represents the agreed-upon value between the participating parties in this institutional transaction. Block trades provide insights into institutional sentiment and investment flows in the banking sector.

State Bank of India has announced revised ATM transaction charges for customers using non-SBI ATMs, marking the first fee increase since February 2025. The new charges became effective from December 1, 2025, impacting both cash withdrawals and balance enquiries at other banks' ATMs.

Revised ATM Transaction Charges

The bank has increased fees for transactions conducted at non-SBI ATMs beyond the free transaction limit. The revision affects both financial and non-financial transactions for customers who exceed their monthly free usage allowance.

Reason for Fee Revision

SBI attributed the charge increase to rising interchange fees, which represent costs paid between banks when customers use another bank's ATM services. The bank stated that higher operating expenses necessitated a review of pricing for ATM and Automated Deposit-cum-Withdrawal Machine (ADWM) services.

Impact on Different Account Types

Savings Account Holders

Regular savings account customers will continue to receive five free transactions per month at non-SBI ATMs across all locations. This includes both financial and non-financial transactions, with no change to the existing free transaction limit.

Salary Account Holders - Major Change

SBI salary package savings bank account holders face a significant modification to their benefits. These customers will now be limited to 10 free ATM transactions per month at other banks' ATMs across all locations.

After exhausting the free transaction limit, both account types will be subject to the revised charges of ₹23.00 plus GST for cash withdrawals and ₹11.00 plus GST for balance enquiries or mini statements.

Market Performance

On Tuesday, January 13, SBI shares were trading at ₹1,023.65 per share, registering a gain of 0.84% during the trading session. The stock performance remained positive despite the announcement of increased ATM charges.

Customers who primarily use SBI ATMs for their banking transactions will not be affected by these revised charges, as the fee structure applies only to transactions conducted at non-SBI ATM locations.