State Bank of India
955.85
-4.90(-0.51%)
Market Cap₹8,82,308.60 Cr
PE Ratio10.52
IndustryBanks
Company Performance:
1D-0.51%
1M+10.54%
6M+23.16%
1Y+11.20%
5Y+335.47%
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More news about State Bank of India
04Nov 25
State Bank of India Reports Q2 FY26 Results with Net Profit of ₹20,169 Crore
State Bank of India (SBI) announced robust Q2 FY26 results with a net profit of ₹20,169 crore. Total income reached ₹1,34,971 crore, while operating profit before provisions was ₹27,310 crore. The bank successfully raised ₹25,000 crore through a Qualified Institutional Placement at ₹817 per share. SBI divested its 13.18% stake in Yes Bank for ₹21.50 per share, resulting in an exceptional profit of ₹4,593 crore. The bank also increased its stake in SBI General Insurance to 73.89% and sold its entire 14.96% stake in Jio Payments Bank.
03Nov 25
SBI Q2 Results Preview: Profit Expected to Drop Up to 17% YoY on Margin Pressure; Announcement on November 4
State Bank of India (SBI) will release its quarterly financial results on November 4 in Mumbai. Analysts project a potential decline in profit after tax to ₹17,700-18,800 crore, representing a 2-17% year-over-year decrease. Net Interest Income is expected to be flat to 2.7% lower year-over-year, with Net Interest Margins contracting to 2.6-2.8%. Despite these challenges, loan growth remains strong at 11.7-12% year-over-year. The bank's stock has shown recent positive momentum, gaining 1.52% over the last five trading sessions and reaching a 52-week high of ₹948.70 on November 3.
01Nov 25
SBI Pioneers Gold Trading on India International Bullion Exchange as First PSU Special Category Client
State Bank of India (SBI) has become the first public sector undertaking to execute a gold trade on the India International Bullion Exchange IFSC Ltd (IIBX) as a Special Category Client. This move aims to reshape India's bullion imports, aligning them with global standards and potentially reducing costs. SBI's participation is expected to enhance liquidity, provide competitive pricing, and support sustainable growth in India's bullion and jewellery industry. The initiative also supports the government's efforts to formalize the bullion trade and positions GIFT City as a global financial hub.
31Oct 25
State Bank of India Announces Senior Management Change at SBI CAP Securities
State Bank of India (SBI) has disclosed that Shri Deepak Kumar Lalla, the current Managing Director and CEO of SBI CAP Securities Limited in Mumbai, will retire from the bank's services on October 31, 2025, at the close of business hours. This announcement was made in compliance with SEBI listing regulations, demonstrating SBI's commitment to transparency and regulatory adherence.
26Oct 25
SBI Unveils Ambitious Hiring Plan, Aims to Boost Women Workforce
State Bank of India (SBI) is expanding its workforce by hiring approximately 3,500 officers. The bank has already recruited 505 Probationary Officers in June and is processing applications for 541 additional PO vacancies. SBI has also selected 1,300 Specialist Officers for IT and Cybersecurity roles and is considering 3,000 Circle-based Officer positions. Chairman C S Setty revealed plans to hire about 18,000 employees in total, including 13,500 clerical positions. SBI is focusing on improving gender diversity, aiming to increase women's representation from 27% to 30% within five years. The bank has implemented women-centric initiatives such as creche allowances and leadership development programs.
25Oct 25
RBI Economist Alleges Plagiarism in SBI Research Reports
An economist from the Reserve Bank of India (RBI) has accused State Bank of India (SBI) of plagiarizing content from RBI's Monetary Policy Reports in their Ecowrap research reports. RBI's Sarthak Gulati claims SBI copied paragraphs, charts, and presentation without proper attribution. SBI's research team denies the allegations, stating they use independent methodology, cite sources including RBI, and attribute similarities to common datasets. The dispute raises questions about originality standards, proper data attribution, and credibility in financial research.
24Oct 25
SBI Announces Brief Digital Banking Outage for Scheduled Maintenance
State Bank of India (SBI) has scheduled a one-hour maintenance period on October 25 from 1:10 AM to 2:10 AM, affecting digital banking services including UPI, IMPS, Internet Banking, NEFT, RTGS, and YONO app. ATM services and UPI Lite will remain available. The maintenance, originally planned for October 24, was postponed by a day. Customers are advised to plan their digital banking activities accordingly.
24Oct 25
Vivek Joshi Appointed as Director on State Bank of India's Central Board
The Central Government has nominated Vivek Joshi to the Central Board of Directors of State Bank of India (SBI). Joshi, currently the Secretary of the Department of Financial Services in the Ministry of Finance, replaces Sanjay Malhotra. The appointment is effective immediately and will continue until further orders. This nomination is made under Section 19 of the State Bank of India Act, 1955.
23Oct 25
SBI Clinches Dual Global Finance Awards, Reinforcing Its Market Leadership
State Bank of India (SBI) received two prestigious awards at the Global Finance Award Ceremony during the World Bank/IMF Annual Meetings. The bank was named 'World's Best Consumer Bank' and 'Best Bank in India'. SBI serves 520 million customers, adding 65,000 new customers daily. Its mobile app has over 100 million users with 10 million daily active users. Union Minister Piyush Goyal congratulated SBI on social media. The bank's stock closed at Rs 911.55 on NSE, up 0.41% for the day, with a 15.97% gain over 12 months. Analysts are bullish, with 41 out of 50 recommending a 'buy'.
20Oct 25
SBI Raises ₹7,500 Crore Through Basel III Compliant Bonds, Reports 15% Profit Growth
State Bank of India (SBI) has raised ₹7,500 crore through Basel III compliant Tier 2 bonds with a 6.93% coupon rate, maturing in 2035. The bank also reported a 15% increase in quarterly net profit to ₹19,160 crore. Other income rose to ₹17,345 crore, while net interest income remained flat at ₹41,072.4 crore. SBI's asset quality remained stable with a gross NPA ratio of 1.83% and net NPA ratio of 0.47%. The bank saw growth in wholesale bank advances (11.6%), domestic advances (11%), and wholesale deposits (11.7%). SBI shares closed 2.01% higher at ₹907.00.
20Oct 25
SBI Raises ₹7,500 Crore Through Basel III Compliant Tier 2 Bonds
State Bank of India (SBI) has successfully raised ₹7,500 crore by issuing Basel III compliant Tier 2 bonds. The bonds, with a face value of ₹1 crore each, carry a 6.93% coupon rate and will mature on October 20, 2035. The issuance, completed on October 17, 2025, aims to strengthen SBI's capital base and enhance compliance with global banking standards. The bonds feature a call option after 5 years and will be listed on BSE and NSE.
18Oct 25
State Bank of India Schedules Board Meeting for Q2FY26 Results, Announces Successful Tier 2 Bond Issuance
State Bank of India (SBI) has scheduled a board meeting for November 4, 2025, to consider Q2FY26 results, with an Analyst Meet to follow. The bank has implemented a trading window closure for designated persons from October 1, 2025, until 48 hours post-results announcement. Additionally, SBI successfully raised ₹7,500 crores through Basel III compliant Tier 2 bonds at a 6.93% coupon rate for a 10-year tenor. The bond issuance was oversubscribed, receiving bids approximately 3 times the base issue size, demonstrating strong investor confidence in SBI.
17Oct 25
SBI Plans to Raise Rs 7,500 Crore Through 10-Year Tier II Bonds
State Bank of India (SBI) plans to issue its first 10-year Tier II bonds, aiming to raise Rs 7,500 crore. The bond issue has a base size of Rs 5,000 crore with a green shoe option of Rs 2,500 crore. The expected coupon rate is above 7%. This move is part of SBI's strategy to strengthen its capital base and support lending activities.
16Oct 25
SBI UPI Services Hit by Second Technical Glitch in 10 Days
State Bank of India (SBI) experienced its second UPI service outage in 10 days. The latest disruption occurred on Thursday morning, with SBI informing customers about potential temporary declines in UPI services. The bank expected the issue to be resolved by 8:00 a.m. This follows a previous 90-minute outage on October 7 that affected over 1,200 users. During both incidents, SBI advised customers to use UPI Lite as an alternative. Despite these challenges, UPI transactions continue to grow, with September recording 1,963.34 crore transactions valued at Rs 24.89 lakh crore.
12Oct 25
SBI Aims to Boost Female Workforce to 30% by 2028
State Bank of India (SBI) plans to increase its women workforce from 27% to 30% within five years. The bank has implemented various initiatives including creche allowances, family connect programs, and leadership development. SBI currently has over 340 women-only branches and offers health programs like cancer screenings for female employees. The 'Empower Her' initiative focuses on nurturing female talent for leadership roles through coaching and mentoring.
10Oct 25
State Bank of India Plans ₹75 Billion Tier II Bond Sale After Year-Long Hiatus
State Bank of India (SBI) plans to return to the rupee debt market after a year, issuing Basel III-compliant tier II bonds worth up to ₹75 billion ($845.70 million) this month. The 10-year bonds will have call options starting after five years. SBI is expected to invite bids before month-end, with pricing likely based on five-year instrument rates. Market experts anticipate strong demand, particularly from mutual funds. This move is seen as strengthening SBI's capital adequacy and potentially signaling improved conditions in the rupee debt market.
10Oct 25
Government Opens SBI's Top Leadership Roles to Private Sector Talent
The Indian government has approved a framework allowing private sector professionals to compete for senior roles in public sector banks and state-owned insurers, including the Managing Director position at State Bank of India. Candidates must have at least 21 years of professional experience, with 15 years in banking and 2-3 years at or near board level. The Financial Services Institutions Bureau will use independent HR agencies to assess private sector applicants. This move aims to expand the leadership talent pool, enhance transparency, and promote merit-based competition for top roles in public financial institutions.
08Oct 25
SBI Chairman Announces KYC Simplification and Digital Banking Expansion
State Bank of India (SBI) is set to transform its digital banking services. SBI Chairman CS Setty announced plans to simplify KYC processes and launch YONO 2.0, an upgraded mobile banking app. YONO 2.0 will support 15 languages and offer enhanced products for farmers and MSME customers. SBI boasts 52 crore total customers, with 60,000-65,000 new customers daily. The bank is focusing on digital payments, working on extending credit products through UPI, and addressing challenges in digital lending.
07Oct 25
SBI UPI Services Face Technical Glitch, Affecting Over 1,200 Users
State Bank of India (SBI) experienced technical issues with its Unified Payments Interface (UPI) system on Tuesday, impacting over 1,200 users between 5:30 p.m. and 7 p.m. The majority of complaints (51%) were related to fund transfer difficulties. SBI acknowledged the problem on social media, promising resolution by 7 p.m. and advising customers to use UPI lite services in the interim. This incident highlights the challenges in India's rapidly growing digital payments ecosystem and the need for robust infrastructure to support increasing transaction volumes.
06Oct 25
Bank of India Reports Robust 11.8% Growth in Global Business, Reaching ₹15.62 Lakh Crore
Bank of India has shown strong financial performance with an 11.8% year-on-year growth in global business to ₹15,61,888.00 crore. Global deposits increased by 10.08% to ₹8,53,301.00 crore, while global gross advances rose by 13.94% to ₹7,08,587.00 crore. Domestically, deposits grew by 8.53% to ₹7,30,097.00 crore, and gross advances climbed 14.62% to ₹5,96,794.00 crore. The bank's consolidated net profit increased by 32.2% to ₹2,252.00 crore. Gross non-performing assets improved to 2.92%, down 170 basis points year-on-year.
01Oct 25
SBI Executive Highlights ECL System Readiness, Flags Potential Growth Challenges
State Bank of India (SBI) has announced its readiness to implement an advanced Expected Credit Loss (ECL) system, demonstrating its commitment to improved risk assessment and financial transparency. A senior banking executive highlighted this preparedness while also identifying potential growth challenges for the bank, including tariff issues and geopolitical situations. The implementation of the ECL system is expected to enhance SBI's ability to estimate potential credit losses more accurately, contributing to better financial stability.
30Sept 25
SBI Credit Card Business Soars Post-Covid, HDFC Bank Maintains Market Leadership
State Bank of India has experienced significant growth in its credit card business after the Covid-19 pandemic, focusing on younger customers. HDFC Bank maintains market leadership in cards issued and transaction values. Standard Chartered Bank faces challenges with declining transaction volume and value. The credit card market in India is evolving, with SBI's strategy reshaping the competitive landscape.
17Sept 25
State Bank of India Announces Major Reshuffle in Senior Management
State Bank of India (SBI) has announced a major reorganization of its senior management team. Six Deputy Managing Directors have been assigned new responsibilities across key departments including Retail-Personal Banking & Real Estate, Transaction Banking & New Initiatives, HR, International Banking Group, Global Markets, and Finance. The changes were disclosed in compliance with SEBI regulations. Additionally, SBI completed the divestment of its 13.18% stake in Yes Bank to Sumitomo Mitsui Banking Corporation for approximately Rs. 8,888.97 crore.
17Sept 25
SBI Completes Rs 8,889 Crore Divestment of 13.18% Yes Bank Stake to Sumitomo Mitsui Banking Corporation
State Bank of India (SBI) has finalized the sale of its 13.18% stake in Yes Bank to Sumitomo Mitsui Banking Corporation (SMBC) for Rs 8,888.97 crore. The transaction involved transferring 413.44 crore equity shares at Rs 21.50 per share. The deal received approvals from the Reserve Bank of India and the Competition Commission of India. SBI's Deputy General Manager confirmed the completion of the share transfer in a regulatory filing.
11Sept 25
FSIB Recommends Ravi Ranjan for SBI Managing Director Position
The Financial Services Institutions Bureau (FSIB) has recommended Ravi Ranjan for the position of managing director at State Bank of India (SBI) after evaluating nine candidates. The position is currently held by Vinay Tonse, whose term ends on November 30, 2025. The appointment requires further approvals to be finalized. SBI recently reported a net profit of ₹19,160.00 crore, a 15% year-on-year increase. SBI shares closed 0.67% higher at ₹823.80 following the announcement.
05Sept 25
SBI Approves Rs 1,760 Crore Investment in Yes Bank's Further Public Offering
State Bank of India's Executive Committee has approved an investment of up to Rs 1,760 crore in Yes Bank's upcoming Further Public Offering (FPO). The decision was made on July 8, 2020, following Yes Bank's announcement of capital raising plans on July 7. This move by India's largest public sector bank is expected to support Yes Bank's financial stability and growth, potentially boosting investor confidence in the FPO.
02Sept 25
SBI Raises $500 Million in International Bond Sale at Record-Low Pricing
State Bank of India (SBI) successfully raised $500 million through international bond sales, achieving the tightest pricing ever for an Indian entity at 75 basis points above the five-year US treasury. This follows Standard & Poor's upgrade of India's credit rating from BBB- to BBB. The bonds' final yield is 4.50%, reflecting favorable market conditions and SBI's strong position. India's robust economic performance, with 8.8% real GDP growth from FY22 to FY24, and fiscal consolidation efforts contributed to the credit rating upgrade. This successful issuance could encourage more Indian entities to enter the international bond market.
31Aug 25
SBI Secures EUR 100 Million Green Credit Line from AFD
State Bank of India (SBI) has signed a €100 million Line of Credit agreement with Agence Française de Développement (AFD) at SBI's GIFT City branch in Gandhinagar. The credit line aims to support climate mitigation and adaptation projects, aligning with SBI's goal to achieve a green portfolio of 7.5-10% of its domestic gross advances by 2030. This collaboration provides SBI with access to AFD's expertise in climate finance, enables competitive financing for green projects, and supports the integration of ESG factors into financing decisions. The partnership is expected to contribute significantly to India's transition towards a low-carbon economy.
18Aug 25
SBI Hikes Home Loan Rates by 25 Basis Points, Impacting New Borrowers
State Bank of India (SBI) has announced a 25 basis point increase in its home loan interest rates, effective August 1, 2025. The new rates for standard home loans will range from 7.50% to 8.70%, primarily affecting new borrowers with lower credit scores. SBI has also adjusted rates for other loan products, including Home Loan Maxgain, Top Up Loans, and Loan Against Property. This move could impact SBI's competitiveness in the home loan market, especially for customers with lower credit scores. Private banks like HDFC Bank, ICICI Bank, and Axis Bank offer varying starting rates for home loans, ranging from 7.70% to 8.35%.
16Aug 25
State Bank of India Reports Strong Q1 Results, Receives Credit Rating Upgrade
State Bank of India (SBI) announced robust Q1 financial results with a 12.48% YoY increase in net profit to ₹19,160.00 crores. The bank achieved an ROE of 19.70% and ROA of 1.14%. Domestic credit grew by 11.06% YoY, while deposits increased by 11.66% YoY. The Net NPA ratio improved to 0.47%. S&P Global Ratings upgraded SBI's issuer credit rating to 'BBB/Stable/A-2' and its stand-alone credit profile to 'bbb+'. SBI successfully raised ₹25,000.00 crores through India's largest Qualified Institutional Placement. The bank expects credit expansion to outpace nominal GDP and industry growth, focusing on retail loans, government capital expenditure, and green energy projects.
15Aug 25
SBI Receives Credit Rating Upgrade and Slashes MCLR by 5 Basis Points
State Bank of India (SBI) has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all tenors, effective August 15. The revised MCLR rates now range from 7.90% for overnight and one-month tenors to 8.85% for the three-year tenor. Additionally, SBI has received a credit rating upgrade to BBB/Stable/A-2, with its Stand-Alone Credit Profile (SACP) increased to 'BBB+' and capital and earnings rating enhanced to 'Adequate'. This change could potentially lead to lower interest rates for borrowers with MCLR-linked loans.
12Aug 25
SBI Halts Transactions for Nayara Energy Amid US Sanctions Concerns
State Bank of India (SBI) has stopped processing trade and foreign currency transactions for Nayara Energy to avoid potential US and EU sanctions. This decision was made independently by SBI without government direction. Nayara Energy, which operates a 20 million tonnes per annum Vadinar refinery and over 6,500 fuel pumps, holds about 8% of India's refining market share. The move follows the EU's 18th sanctions package against Russia, which includes restrictions on fuel imports and a price cap on Russian crude. This development highlights the challenges faced by Indian financial institutions in balancing international compliance with domestic business interests.
11Aug 25
Sensex Rises Over 100 Points as PSU Banks Rally, SBI Leads Gains
Indian benchmark equity indices opened positively on Monday, ending a six-week losing streak. The BSE Sensex rose 110.14 points (0.14%) to 79,968.14, while the Nifty50 gained 46.19 points (0.19%) to 24,409.19. State Bank of India led gains, rising 1.5% following strong Q1 results. Other gainers included NTPC, Trent, HDFC Bank, and Tata Motors. Some stocks like Asian Paints and ICICI Bank traded lower. Brokerages expressed optimism about SBI, with some raising target prices to Rs 955.00. Market sentiment remains cautious due to potential U.S. tariffs on Indian goods.
08Aug 25
SBI Maintains 12% Loan Growth Target for FY26, Reports ₹19,160 Crore Q1 Profit
State Bank of India (SBI) reported a 15% year-on-year increase in net profit, reaching ₹19,160 crore for the first quarter. Other income stood at ₹17,345 crore, while net interest income remained flat at ₹41,072 crore. SBI reaffirmed its loan growth guidance at 12% and deposit growth at 10% for FY26. The bank expects Net Interest Margins to follow a U-shaped trajectory, moderating in Q1 and Q2 before recovering by year-end. SBI aims to maintain Return on Assets above 1% and Return on Equity above 15%. The bank completed a ₹25,000 crore capital raise to support future lending.
08Aug 25
SBI Maintains Growth Targets, Prepares for Investor Meetings, and Plans to Sell Yes Bank Stake
State Bank of India (SBI) has confirmed its growth targets of 12% for loans and 10% for deposits. The bank is preparing for meetings with institutional investors and analysts, organized by Emkay Global Financial Services Ltd. SBI also announced plans to divest its stake in Yes Bank when market conditions are favorable. The bank emphasized that only publicly available information will be shared during these investor meetings.
07Aug 25
State Bank of India to Announce Q1 FY26 Results on August 8
State Bank of India (SBI) will release its quarterly financial results for Q1 FY26 on August 8, 2025. The bank's Board will meet in Mumbai to approve the results for the quarter ended June 30, 2025. An earnings call is scheduled for 5:15 p.m. the same day, with a live webcast available for investors and analysts. SBI, India's largest state-owned bank, serves over 50 crore customers through 22,500+ branches across 29 countries. In the previous quarter (Q4 FY25), SBI reported a net profit of Rs 18,643 crore, down 10% year-on-year, while net interest income increased by 2.7% to Rs 42,775 crore. The bank's gross NPA ratio improved to 1.82% from 2.07% year-on-year.
06Aug 25
SBI Anticipates Tepid Q1 Performance with Margin Compression; Analyst Meet Scheduled
State Bank of India (SBI) is projected to face challenges in Q1FY26, with analysts forecasting a slight decline in standalone net profit to Rs 16,964.00 crore, down 0.40% year-on-year. Net interest income is expected to fall over 3% to Rs 42,430.00 crore. The bank's net interest margin (NIM) is anticipated to contract to 2.85% from 3.15% in the previous quarter. Despite these challenges, loan growth is expected to remain steady at 11-13% year-on-year, with stable asset quality. Factors such as treasury gains, lower operating costs, and decreased provisions may provide some support to profitability. SBI has scheduled an analyst meet for August 8, 2025, following the declaration of Q1FY26 results.
06Aug 25
State Bank of India Launches Massive Recruitment Drive for 5,583 Junior Associates
State Bank of India (SBI) has announced a recruitment initiative for 5,583 Junior Associate positions in customer service and support roles. Applications will be open from August 6 to August 26, 2025. This follows recent hiring of 505 Probationary Officers and 13,455 Junior Associates. SBI operates over 22,500 branches, 63,580 ATMs/ADWMs, and 82,900 Business Correspondent outlets with more than 2.36 lakh employees. The bank recently raised ₹25,000 crore through a Qualified Institutional Placement (QIP), which was oversubscribed 4.5 times. SBI shares were trading at ₹804.10 on the BSE, up by 0.42%. The bank has scheduled an analyst interaction on August 8, 2025, following Q1FY26 results declaration.
29Jul 25
Bank of India Projects Corporate Credit Rebound, Eyes NIM Recovery in Q3
Bank of India (BoI) expects significant corporate credit growth, supported by an Rs 80,000 crore credit pipeline. The bank's corporate loan book grew 4% YoY to Rs 2,37,000 crore in Q1, with strong traction in data centres, EVs, and green finance. BoI targets 12-13% global loan growth and 10-11% deposit growth for the current fiscal year. Q1 saw 12% YoY growth in global advances and 9.07% in deposits. The retail book expanded 20% YoY, focusing on secured lending. However, agriculture and MSME sectors contributed to Rs 1,000 crore in slippages. NIM declined slightly to 2.55% but is expected to improve from Q3. The bank anticipates resolution on its MTNL exposure within 3-6 months and expects to benefit from RBI's cash reserve ratio reduction.
29Jul 25
Bank of India Q1 Profit Surges 32% to Rs 2,252 Crore Despite Net Interest Income Dip
Bank of India's Q1 standalone net profit increased by 32% to Rs 2,252.10 crore, despite a 3% decline in net interest income to Rs 6,068.10 crore. The bank's asset quality improved with gross NPA ratio falling to 2.92% and net NPA ratio to 0.75%. Operating profit grew by 9% to Rs 4,009.00 crore, while provisions decreased by 15.2% to Rs 1,096.00 crore. Total assets rose by 8.03% to Rs 6,676,050.00 crore, and total equity increased by 16.94% to Rs 441,162.00 crore.
25Jul 25
State Bank of India Appoints Ruma Dey as Deputy Managing Director, Receives ESG Ratings
State Bank of India (SBI) has appointed Smt. Ruma Dey as Deputy Managing Director for Special Projects, focusing on Compliance and Data Protection. The bank also received ESG ratings from four independent providers, with scores ranging from 56.54 to 74.00, indicating moderate to strong performance in sustainability and responsible business practices. These ratings were conducted under a subscriber pay model based on publicly available information.
24Jul 25
State Bank of India Schedules Board Meeting for Q1 FY26 Results on August 8, 2025
State Bank of India (SBI) has announced a Central Board meeting on August 8, 2025, in Mumbai to review and consider the financial results for Q1 FY26. An Analyst Meet is scheduled for the same day at 5:00 PM. The trading window for designated persons is closed from July 1, 2025, until 48 hours after the results declaration, in compliance with regulatory requirements.
23Jul 25
State Bank of India Announces Key Leadership Changes
State Bank of India (SBI) has announced two significant appointments at the Deputy Managing Director level. Parminder Singh will become Deputy Managing Director & Group Compliance Officer, while Ruma Dey will take on the role of Deputy Managing Director (OSD) Corporate Centre. Both appointments are effective from July 25, 2025. These changes aim to bolster SBI's corporate governance and operational strategy.
22Jul 25
Moody's Upgrades State Bank of India's Credit Assessment, Affirms Baa3 Deposit Ratings
Moody's Ratings has affirmed State Bank of India's (SBI) Baa3 long-term deposit ratings and upgraded its Baseline Credit Assessment (BCA) and Adjusted BCA to baa3 from ba1. The upgrade reflects SBI's improving financial health, with enhanced capitalization and asset quality. SBI's consolidated CET1 ratio improved to 11.10% and gross NPL ratio decreased to 1.80%. The bank recently raised ₹24,999.99 crore through a QIP, issuing shares at ₹817 each. SBI maintains a strong 23% deposit market share in India, with 56.90% government ownership. Moody's revised SBI's Governance Issuer Profile Score to G-2 from G-3, maintaining a stable outlook.
22Jul 25
Moody's Upgrades SBI's Credit Assessment, Bank Raises ₹25,000 Crore via QIP
Moody's Ratings affirmed State Bank of India's Baa3 long-term deposit ratings and upgraded its Baseline Credit Assessment to baa3 from ba1. SBI successfully completed a Qualified Institutions Placement, raising ₹24,999.99 crore. The bank's financial metrics show improvement with CET1 ratio at 11.10%, gross NPL ratio at 1.80%, and return on average assets at 1.10%. Moody's revised SBI's Governance Issuer Profile Score to G-2 from G-3. The QIP resulted in the allotment of 30,59,97,552 shares at ₹817 per share, increasing SBI's issued equity share capital to ₹923.14 crore.
22Jul 25
Moody's Upgrades State Bank of India's Credit Assessment, Affirms Baa3 Deposit Ratings
Moody's Ratings has affirmed State Bank of India's (SBI) Baa3 long-term deposit ratings while upgrading its Baseline Credit Assessment (BCA) and Adjusted BCA to baa3 from ba1. The bank's Additional Tier 1 securities rating was upgraded to (P)Ba3 from (P)B1. The upgrade reflects improved capitalization and asset quality, with SBI's consolidated CET1 ratio rising to 11.1% and gross NPL ratio improving to 1.8%. SBI expects 12% loan growth and maintains a return on average assets of 1.1%. Moody's revised SBI's Governance Issuer Profile Score to G-2 from G-3. The bank recently raised ₹24,999.99 crore through a QIP, issuing shares at ₹817.00 each. Moody's maintains a stable outlook, citing SBI's strong market position and robust funding profile.
22Jul 25
Moody's Upgrades State Bank of India's Credit Profile, Affirms Baa3 Deposit Ratings
Moody's Ratings has upgraded State Bank of India's (SBI) Baseline Credit Assessment (BCA) and Adjusted BCA to baa3 from ba1, while affirming its Baa3 long-term deposit ratings. The upgrade reflects SBI's improved financial health, with expectations of enhanced capitalization over the next 12-18 months. SBI's consolidated CET1 ratio improved to 11.10% from 10.30%, and its gross NPL ratio decreased to 1.80% from 2.20%. The bank successfully raised ₹24,999.99 crore through a Qualified Institutions Placement, issuing shares at ₹817 each. SBI expects 12% loan growth for fiscal year 2026, in line with industry average. Moody's revised SBI's Governance Issuer Profile Score to G-2 from G-3, maintaining a stable outlook on its ratings.
21Jul 25
SBI Completes India's Largest QIP, Raises Rs 25,000 Crore
State Bank of India (SBI) has successfully completed its qualified institutional placement (QIP), raising over Rs 25,000 crore. The bank allocated approximately 30.6 crore equity shares at Rs 817.00 per share, marking the largest QIP in Indian market history. The issue price included a premium of Rs 816.00 over the face value of Re 1.00. This capital raise is part of SBI's strategy to strengthen its financial position and support growth plans. The QIP saw strong participation from qualified institutional buyers, reflecting robust investor confidence in the bank's prospects.
21Jul 25
LIC Boosts Stake in SBI to 9.49% Through ₹5,000 Crore QIP Investment
Life Insurance Corporation of India (LIC) has increased its shareholding in State Bank of India (SBI) to 9.49% through a ₹5,000 crore investment in SBI's recent Qualified Institutional Placement (QIP). SBI's QIP raised a total of ₹25,000 crore, with 30,59,97,552 equity shares allocated at ₹817.00 per share. LIC's investment represents about 20% of the total QIP amount, demonstrating confidence in SBI's prospects and potentially strengthening ties between India's insurance and banking sectors.
21Jul 25
SBI Successfully Raises ₹25,000 Crore Through QIP at ₹817 Per Share
State Bank of India (SBI) has completed its Qualified Institutional Placement (QIP), raising ₹25,000 crore by offering 30.59 crore equity shares at ₹817 per share to institutional investors. The QIP issue opened on July 16 and closed on July 21, 2025. SBI will file the Placement Document with stock exchanges and send Confirmation of Allocation Notes to eligible Qualified Institutional Buyers. The bank's trading window for 'Designated Persons' remains closed to comply with insider trading regulations.
18Jul 25
State Bank of India Sees Major Block Trade Worth ₹181.68 Crore
State Bank of India (SBI) experienced a significant block trade on the National Stock Exchange (NSE), involving approximately 2.21 million shares. The transaction, valued at ₹181.68 crore, saw shares changing hands at ₹820.65 each. This large-scale trade, typically associated with institutional investors, may indicate shifts in major stakeholder positions or investment strategies.
18Jul 25
SBI's Massive Rs 25,000 Crore QIP Oversubscribed 4 Times, Attracts Global Investors
State Bank of India (SBI) successfully completed a qualified institutional placement (QIP), raising Rs 25,000 crore. The offering was 4-fold oversubscribed with bids totaling Rs 1.10 lakh crore. Major investors included BlackRock Group, Marshall Wace, and LIC. The capital infusion is expected to boost SBI's Common Equity Tier 1 ratio by about 60 basis points, strengthening its balance sheet and supporting future growth initiatives.
17Jul 25
SBI Launches Rs 25,000 Crore QIP, Plans to Boost Capital and Support Growth
State Bank of India (SBI) has initiated a Rs 25,000 crore qualified institutional placement (QIP) to raise capital. The QIP has a floor price of Rs 811.05 per share, with an indicative offer price range of Rs 806.75 to Rs 831.70. This capital raise is expected to add 65 basis points to SBI's tier one capital, supporting its net interest margins and credit growth. SBI projects full-year NIMs around 2.90% and credit growth at 12-13%. The bank is also planning to raise Rs 20,000 crore through Basel III-compliant bonds. Additionally, SBI has reduced interest rates on fixed deposits for certain tenures.
16Jul 25
SBI Sets ₹811.05 as Floor Price for QIP, Plans ₹20,000 Crore Bond Issue
State Bank of India (SBI) has set the floor price for its Qualified Institutional Placement (QIP) at ₹811.05 per share, with a potential 5% discount. The 'Relevant Date' for the QIP is July 16, 2025. Additionally, SBI's Central Board has approved the issuance of Basel III compliant bonds worth up to ₹20,000 crores, including Additional Tier 1 and Tier 2 bonds, targeting domestic investors during the fiscal year 2026. The bank emphasizes regulatory compliance throughout these processes.
16Jul 25
SBI Board Greenlights Massive Rs 20,000 Crore Fundraising Plan
State Bank of India's Board of Directors has approved a fundraising plan of up to Rs 20,000 crore through the issuance of Basel III compliant Additional Tier 1 and Tier 2 bonds. This move aims to strengthen SBI's capital base, enhance capital adequacy, ensure regulatory compliance, support growth initiatives, and improve risk mitigation capabilities. As India's largest public sector bank, this significant capital raise underscores SBI's commitment to maintaining a strong financial position in the competitive banking landscape.
16Jul 25
SBI Sets ₹811.05 Floor Price for ₹25,000-Crore QIP, Approves ₹20,000 Crore Bond Issuance
State Bank of India (SBI) has set the floor price for its Qualified Institutional Placement (QIP) of ₹25,000 crore at ₹811.05 per share, with the option of a 5% discount. The QIP is scheduled to open on July 16, 2025. Life Insurance Corporation of India (LIC) is expected to bid over ₹5,000 crore, potentially becoming one of the largest investors. Domestic mutual funds are also showing strong interest. Additionally, SBI's board has approved raising up to ₹20,000 crore through Basel III-compliant Additional Tier 1 and Tier 2 Bonds. These capital raising initiatives aim to strengthen SBI's capital base, support growth, and ensure regulatory compliance.
11Jul 25
SBI Schedules Board Meeting to Discuss Massive Fundraising Plan for FY26
State Bank of India (SBI) has scheduled a board meeting for July 16, 2025, to consider raising funds for FY26 through Basel III-compliant capital bonds in INR. Reports suggest SBI may also be planning a share sale to institutional investors, potentially raising up to Rs 25,000 crore. This move aims to strengthen SBI's capital position, ensure Basel III compliance, and support growth plans.
10Jul 25
SBI to Discuss Fund Raising Through Basel III Compliant Capital Bonds on July 16
State Bank of India (SBI) has announced plans to discuss fund raising in an upcoming board meeting on July 16. The bank's Central Board will consider and seek approval for raising funds through the issuance of Basel III compliant capital bonds denominated in Indian Rupees for the fiscal year 2026. This move aims to strengthen SBI's capital base and ensure compliance with regulatory requirements. The exact amount to be raised has not been disclosed. The announcement was made in compliance with SEBI regulations.
10Jul 25
SBI Unveils Ambitious $2.9 Billion Capital Raising Plan Through QIP
State Bank of India (SBI) plans to raise $2.9 billion through a Qualified Institutional Placement (QIP) share sale to institutional investors. This move aims to strengthen SBI's capital base, potentially enhancing its lending capacity and ensuring regulatory compliance. The capital raise signals market confidence and could position SBI for growth opportunities in India's evolving banking sector.
10Jul 25
SBI Plans Massive ₹24,000 Crore Share Sale Next Week
State Bank of India (SBI) is preparing to sell shares worth approximately ₹24,000 crore ($2.90 billion) next week. This substantial capital-raising initiative aims to bolster SBI's financial position, potentially supporting growth plans, ensuring regulatory compliance, and enhancing financial flexibility. The move is expected to draw significant attention from investors and may have broader implications for the Indian banking sector and financial market.
10Jul 25
SBI Plans Massive ₹25,000 Crore Share Sale via Qualified Institutional Placement
State Bank of India (SBI) is planning to launch a Qualified Institutional Placement (QIP) of up to ₹25,000 crore ($2.90 billion), potentially becoming India's largest QIP. The share sale to institutional investors could occur as early as next week. The QIP aims to support loan growth, strengthen the bank's balance sheet, and meet regulatory requirements. If fully subscribed, it would surpass the previous record set by Coal India in 2015.
09Jul 25
SBI Plans Qualified Institutional Placement to Boost Capital
State Bank of India (SBI) is preparing to launch a Qualified Institutional Placement (QIP) to strengthen its capital base. The move, revealed by a government source, involves selling securities to qualified institutional buyers. While specific details about the size and timing of the QIP are not yet disclosed, this strategic decision indicates SBI's proactive approach to bolstering its capital position, potentially to support growth plans or meet regulatory requirements.
04Jul 25
SBI Announces Major Overhaul of Credit Card Rules Starting July 15
State Bank of India (SBI) is set to introduce significant changes to its credit card policies effective July 15. Key modifications include a new method for calculating Minimum Amount Due (MAD), revised payment order for outstanding balances, and discontinuation of complimentary aviation accident insurance on premium cards. These changes will affect select cardholders and may impact how users manage their credit card usage and benefits.
01Jul 25
SBI Shares: Major Block Trade Worth ₹82.24 Crore Executed on NSE
A significant block trade of 1,002,625 State Bank of India (SBI) shares was executed on the National Stock Exchange (NSE), valued at ₹82.24 crore. The shares were priced at ₹820.25 each. This large-scale transaction has drawn attention from market participants due to its potential impact on SBI's stock trading dynamics and its indication of institutional investor activity.
01Jul 25
SBI Unveils Ambitious Plan to Solarize 4 Million Homes by 2027
State Bank of India (SBI) has announced a plan to solarize 4 million homes by fiscal year 2027, aligning with India's Net Zero 2070 goals. The initiative aims to accelerate the country's transition to renewable energy. SBI has also reported that its agricultural lending has exceeded ₹3.50 lakh crore. Additionally, the bank is establishing a centre of excellence for project finance in new-age businesses to adapt to the evolving business landscape.
27Jun 25
SBI Plans ₹50 Billion Tier 2 Bond Issuance by August
State Bank of India (SBI) is preparing to raise ₹50 billion (₹5,000 crore) through Tier 2 bonds by August. This strategic move aims to strengthen the bank's capital base, potentially improving its capital adequacy ratio and expanding lending capacity. The successful issuance could boost market confidence in SBI's financial management.
26Jun 25
State Bank of India Shares: Significant Block Trades Worth Over ₹680 Crore on NSE
State Bank of India (SBI) experienced two significant block trades on the National Stock Exchange (NSE). The first trade involved 2,452,601 shares at ₹794.75 per share, totaling ₹194.92 crore. The second trade comprised 6,128,626 shares at ₹793.90 per share, amounting to ₹486.55 crore. The combined value of these trades reached ₹681.47 crore, indicating substantial investor interest in SBI shares. The trades were executed at prices between ₹793.90 and ₹794.75 per share.
26Jun 25
SBI Shares: Block Trade of 201,468 Shares Valued at Rs. 16.12 Crores
State Bank of India (SBI) experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 201,468 shares traded at Rs. 800.00 per share, totaling Rs. 16.12 crores. This large-scale trade suggests continued institutional interest in SBI stock and may influence market sentiment.
26Jun 25
SBI Plans Massive Rs 25,000 Crore QIP, First Equity Sale in 8 Years
State Bank of India (SBI) is planning to raise up to Rs 25,000 crore through a Qualified Institutional Placement (QIP), marking its first equity sale in eight years. The fundraising aims to strengthen SBI's Common Equity Tier 1 ratio. Multiple financial institutions will manage the QIP, charging a nominal fee of Rs 1.00. The offering is expected to launch within the next couple of months, with Life Insurance Corporation of India likely to be a major investor.
25Jun 25
SBI Plans Massive Rs 25,000 Crore QIP, Largest Share Sale in 8 Years
State Bank of India (SBI) is planning to raise up to Rs 25,000 crore through a Qualified Institutional Placement (QIP), marking its first share sale since 2017. Six banks have been appointed to manage the process, expected to launch in the coming months. The capital raise aims to boost SBI's Common Equity Tier 1 (CET-1) ratio, with a target of reaching 11.00% by March 2025. If successful, this could become India's largest QIP, reflecting SBI's significant position in the Indian banking sector.
23Jun 25
SBI Partners with FPSB India to Enhance Financial Planning Expertise
State Bank of India (SBI) has signed an MoU with Financial Planning Standards Board India to integrate Certified Financial Planner (CFP) certification into its employee learning framework. This initiative aims to enhance financial planning capabilities for SBI's 2.36 lakh employees, focusing on serving high-value customers such as NRIs, HNIs, and UHNIs. The CFP program will cover areas including investment, tax, retirement, estate planning, and risk management, aiming to provide more comprehensive and tailored financial services.
20Jun 25
SBI to Relocate Key Global Market Departments from Kolkata to Mumbai
State Bank of India (SBI) plans to move several key departments of its global market unit from Kolkata to Mumbai. The relocation includes the Centralised Global Back Office, forex treasury, derivatives, and structured products divisions. SBI views this as a strategic move to enhance operational efficiency, despite opposition from local civil society platforms in Kolkata. The bank remains firm on its decision, which is part of a broader centralization initiative.
16Jun 25
SBI Slashes Savings Account Interest Rate to 2.5%, Approves $3 Billion Fund Raise
State Bank of India (SBI) has announced a reduction in savings account interest rates from 2.70% to 2.50% for balances below Rs 10 crore, effective June 15. The bank has also cut fixed deposit rates by up to 25 basis points across various tenures. SBI approved raising up to $3.00 billion through public offer or private placement of senior unsecured notes in US dollars or other major foreign currencies. Additionally, the bank reduced its Repo Linked Lending Rate by 50 basis points to 7.75%, effective June 15.
09Jun 25
SBI Pays ₹8,076.84 Crore Dividend to Government for FY25
State Bank of India (SBI) has paid a dividend of ₹8,076.84 crore to the Indian government for the financial year FY25. Finance Minister Nirmala Sitharaman received the dividend cheque, highlighting SBI's strong financial performance. As the majority shareholder, the government stands to benefit significantly from this payout, which will contribute to its revenue. The substantial dividend suggests SBI's robust financial position, allowing it to share profits while potentially retaining capital for operations and growth.
06Jun 25
SBI Revises Credit Growth Expectations Upward
State Bank of India (SBI) has announced an upward revision in its credit growth expectations, surpassing its previous projection of 12-13%. This positive outlook suggests increased lending activity and potential economic recovery. As India's largest public sector bank, SBI's credit growth often serves as an indicator of the overall banking sector's health and broader economic trends. While specific new target ranges were not provided, the announcement implies stronger credit demand across various economic sectors.
02Jun 25
State Bank of India: Block Trade of 1.24 Million Shares Worth ₹101.38 Crore Executed
A significant block trade of State Bank of India (SBI) shares occurred on the National Stock Exchange (NSE). The transaction involved 1,240,962 shares at ₹816.95 per share, totaling ₹101.38 crore. This large-scale trade highlights substantial interest in India's largest public sector bank, though the parties involved were not disclosed.
02Jun 25
SBI Shares: Major Block Trade Worth ₹165.73 Crore Executed on NSE
A significant block trade of approximately 2,042,599 shares of State Bank of India (SBI) was executed on the National Stock Exchange (NSE). The transaction, valued at ₹165.73 crore, was priced at ₹811.35 per share. While the identities of the buyer and seller remain undisclosed, this large-scale trade has drawn attention from market observers due to its potential implications for institutional holdings or strategic moves by major investors.
02Jun 25
State Bank of India: Significant Block Trade Worth ₹123.47 Crore Executed on NSE
A significant block trade of State Bank of India (SBI) shares was executed on the National Stock Exchange (NSE). The transaction involved approximately 1,519,271 shares, valued at ₹123.47 crore, at a price of ₹812.70 per share. This large-scale trade indicates substantial investor interest in India's largest public sector bank and may have implications for institutional holdings and market confidence in the banking sector.
21May 25
SBI Board Approves $3 Billion Fundraising Plan for FY26
State Bank of India (SBI) has received approval from its Executive Committee to raise up to $3 billion through senior unsecured notes in FY 2025-26. The fundraising plan allows for single or multiple tranches, in US dollars or other major foreign currencies, through public offers or private placements. This strategic move aims to enhance SBI's capital base, global market presence, and provides flexibility in fund utilization.
20May 25
SBI Approves $3 Billion Overseas Fundraising Plan for FY 2025-26
State Bank of India (SBI) has approved a long-term fundraising plan of up to $3 billion (approximately ₹25,600.00 crore) for the fiscal year 2025-26. The decision was made during a meeting of SBI's Executive Committee on May 20, 2025. The funds will be raised through public offers and/or private placements, subject to market conditions and regulatory approvals. This initiative aims to strengthen SBI's capital base, potentially support international expansion, and diversify funding sources.
19May 25
SBI Slashes Fixed Deposit Rates by 20 Basis Points Across All Tenors
State Bank of India (SBI) has announced a 20 basis points reduction in fixed deposit interest rates across all tenors, effective May 16, 2025. This is the second rate cut in a month. New rates for general public range from 3.30% to 6.70%, while for senior citizens, it's 3.80% to 7.30%. The popular Amrit Vrishti scheme now offers 6.85% for general public and 7.35% for senior citizens.
15May 25
SBI Unveils Ambitious $3 Billion Fundraising Plan for FY2025-26
State Bank of India (SBI) has announced plans to raise up to $3 billion (₹24,700 crore) in fiscal year 2025-26 through public offer or private placement of senior unsecured notes. The bank's Executive Committee will meet on May 20 to finalize long-term fundraising options. This move aims to strengthen SBI's capital position, support credit growth, enhance technology infrastructure, and fund potential expansions.
14May 25
SBI to Consider $3 Billion Offshore Bond Issuance for FY 2025-26
State Bank of India (SBI) has announced a board meeting on May 20 to discuss raising up to $3 billion (₹24,660 crore) through offshore bonds for the fiscal year 2025-26. The fund-raising may involve issuing senior unsecured notes in US dollars under Regulation-S and Rule 144A, potentially in multiple tranches. This move aims to strengthen SBI's capital base and support future growth initiatives.
14May 25
SBI Announces 1590% Final Dividend for FY 2024-25 Amid Q4 Profit Dip
State Bank of India (SBI) has announced a final dividend of Rs 15.9 per equity share (1590%) for FY 2024-25, with a record date of May 16, 2024, and payment date of May 30, 2024. However, SBI's Q4 FY25 results show a mixed performance. Consolidated net profit decreased by 8.20% YoY to Rs 19,941.39 crore, while total income increased by 8.90% YoY to Rs 1,79,562.32 crore.
13May 25
State Bank of India Breaks into Global Top 100 Most Profitable Companies
State Bank of India (SBI) has entered the global top 100 most profitable companies, ranking 98th with a net profit of ₹77,561.00 crore ($9.20 billion) for FY25. This achievement places SBI alongside international giants like Alphabet, Apple, and JPMorgan Chase, marking a significant milestone for the Indian financial sector. The accomplishment highlights SBI's robust financial performance and the growing competitiveness of Indian banks on the global stage.
09May 25
SBI to Divest 13.19% Stake in Yes Bank to Japan's SMBC for ₹8,889 Crore
State Bank of India (SBI) has approved the sale of a 13.19% stake in Yes Bank to Sumitomo Mitsui Banking Corporation (SMBC) for ₹8,889 crore. The transaction, priced at ₹21.50 per share, marks a significant foreign investment in the Indian banking sector. This move comes after SBI's involvement in Yes Bank's rescue in March 2020. The deal is subject to regulatory approvals and could potentially bring new perspectives and capital to Yes Bank while allowing SBI to reallocate its resources.
05May 25
State Bank of India: Q4 FY25 Results Show Mixed Performance, Brokerages Remain Bullish
State Bank of India (SBI) released its Q4 FY25 results, showing a 10% decrease in net profit to ₹18,642.59 crore, while net interest income rose 2.70% to ₹42,774.55 crore. Asset quality improved with GNPA ratio at 1.82%. SBI plans to raise ₹25,000 crore in equity capital in FY2025-26. Despite the profit decline, brokerages like Citi and Investec maintain 'buy' ratings, citing strong core performance, loan growth, and attractive valuation.
04May 25
SBI Declares Massive 1,590% Dividend for FY25 Amid Q4 Profit Dip
State Bank of India (SBI) declared a dividend of ₹15.90 per equity share for FY 2024-25, representing a 1,590% dividend on the face value. The record date is set for May 16, 2025, with payment scheduled for May 30, 2025. This announcement comes despite a 10% drop in Q4 net profit to ₹18,643.00 crore, largely due to a 300% increase in provisions for bad loans to ₹6,442.00 crore.
03May 25
SBI Reports Strong FY25 Results, Plans ₹25,000 Crore Capital Raise
State Bank of India (SBI) reported robust financial results for FY25, with operating profit crossing ₹1 lakh crore and net profit increasing by 16.08% year-on-year. The bank's asset quality improved, with gross NPA ratio decreasing to 1.82%. SBI announced plans to raise up to ₹25,000 crore in equity capital in FY26 through QIP or FPO. The bank declared a dividend of ₹15.90 per share for FY25.
03May 25
SBI Reports Strong FY25 Results, Approves ₹25,000 Crore Fund Raising Plan
State Bank of India (SBI) reported impressive financial results for FY25, with net profit rising 16.08% to ₹70,901.00 crore. The bank's operating profit crossed ₹1 lakh crore, and asset quality improved with GNPA ratio at 1.82%. SBI's board approved a plan to raise up to ₹25,000 crore through various modes including QIP and FPO. The bank declared a dividend of ₹15.90 per share and reported growth in advances and deposits. SBI's digital banking initiatives continued to progress, with 64% of savings accounts acquired through YONO platform.
03May 25
SBI Q4 Results: Profit Surge, Rate Cut Expected, and Margin Outlook Adjusted
State Bank of India announced Q4 FY 2024-25 results with net profit up 10% to ₹18,643 crore and NII growing 3% to ₹42,774 crore. GNPA ratio decreased to 1.82%, but fresh slippages rose to ₹42.22 billion. Total advances increased 12.03% and deposits grew 9.50% year-over-year. SBI declared a ₹15.90 per share dividend and anticipates a 50 bps RBI rate cut. The bank adjusted its margin guidance to 12-13% but maintains ROE target above 15%.
02May 25
SBI Q4 Preview: Robust Loan Growth Expected Amid Potential NIM Compression
State Bank of India (SBI) is set to announce its Q4 FY2023-24 results. Analysts expect 13-14% YoY loan growth and 4% YoY increase in Net Interest Income to Rs 43,405 crore. However, Profit After Tax may decline 13% YoY to Rs 17,989 crore. Asset quality is anticipated to remain stable with controlled slippages. The bank's performance will be crucial in assessing the overall health of India's banking sector.
02May 25
SBI Shares in Focus: Major Block Trade Worth Rs. 160.73 Crores Executed
A significant block trade of approximately 2,025,783 shares of State Bank of India (SBI) was executed on the National Stock Exchange (NSE). The transaction was valued at ₹160.73 crores, with shares priced at ₹793.40 each. This large-scale trade has drawn market attention, though the identities of the buyer and seller remain undisclosed.
02May 25
SBI Sets Date for Q4 FY25 Results, Board to Consider Dividend and Fundraising
State Bank of India (SBI) has scheduled a board meeting for May 3, 2025, to approve Q4 and FY25 financial results, consider dividend declaration, and discuss fundraising plans. An analyst interaction is set for 5:00 PM the same day. SBI has implemented a trading window closure from April 1, 2025, until 48 hours after the results announcement for designated persons.
30Apr 25
SBI Board to Discuss Q4 Results and Potential Fund Raising on May 3
State Bank of India (SBI) will conduct a board meeting on May 3, 2025, to review Q4 financial results for FY 2024-25 and discuss fund-raising options for FY 2025-26. The bank is considering various capital-raising methods, including FPO, Rights Issue, and QIP. SBI has informed stock exchanges about the meeting, complying with SEBI regulations. The bank recently issued a corrigendum to its General Meeting Notice, reflecting changes in Regional Rural Banks structure.
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