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SBI share price: Most brokerages retained a positive view on the stock, citing stable asset quality and margin guidance as key strengths
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Responding to questions about the initial public offering (IPO) plans for SBI General Insurance, Setty said no fixed schedule has been set.
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In June quarter, corporate loans grew 5.7 percent on-year to Rs 12.03 lakh crore
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SBI’s home loan portfolio for Q1 FY26 stood at Rs 8.51 lakh crore as of June 30, 2025, marking a robust 15.05 percent year-on-year growth
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SBI had last raised Rs 15,000 crore in 2017-18 through the QIP route
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The QIP has received bids for Rs 75,000 crore worth of shares, as against its offer size of Rs 25,000 crore.
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The Nifty PSU Bank index surged over 1.5 percent in trade on July 16, Punjab & Sind Bank, State Bank of India, and Punjab National Bank lead the gains.
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The lender, the country's largest, has written to the National Highway Authority of India seeking this status on its investments in National Highways Infra Trust
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SBI share price: The asset quality of India's largest state-run lender remains robust, marked by an improvement in its gross slippage ratio in FY25—a feat achieved by only a handful of banks, CLSA said.
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Motilal Oswal said that several PSU sectors have posted a very sharp turnaround in profit and creating unexpected shareholder value.
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The state-run lender's QIP likely to be rolled out in August or September
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With the revision, for fixed deposits, SBI's interest rate on 1-2 year term deposits will be lower by 25 basis points to 6.50 per cent, and deposits having two years to less than 3 years maturity will attract 6.45 percent as against 6.70 percent.
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SBI's proposal for a fund raise comes at a time other private sector lenders, including Axis Bank and IDFC First Bank, have sought to raise capital.
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State Bank of India, which holds a 23.97 percent stake, and Sumitomo Mitsui Banking Corporation have reinitiated talks for a stake sale in Yes Bank
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There is a growing consensus among market participants that the RBI will cut more rates in the coming policies, in order to support growth amid a tariff war, with a cooling inflation providing the elbow room for lower rates
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SBI’s NII is likely to grow modestly by 5.3 percent YoY to Rs 43,872 crore in Q4FY25
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With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 25 basis points to 8.25 per cent.
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The report, citing sources, added that the deal would value the private bank at $6.5-7 billion
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Downdetector data shows a sharp rise in outage reports for SBI’s mobile banking and fund services, with complaints peaking between 11 to 11:30 am IST.
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A Manimekhalai, MD & CEO, Union Bank of India, Swarup Kumar Saha, MD & CEO, Punjab & Sind Bank and Madhav Nair, country head & CEO-India, Bank of Bahrain & Kuwait BSC, will be his deputies
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Foreign-currency loans taken out by Indian issuers have declined 30% to $3.2 billion so far in 2025 from the year-earlier period, and are running at a four-year low.
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On the worries around slowing down of the growth momentum, Setty remarked that “it could be a blip.”
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SBI plans to complete the project within a year and will hire 'specialized professionals' to staff it, said Ashwini Kumar Tewari, a managing director at the bank.
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Citi also raised its price target for SBI to Rs 830, reflecting an upside potential of 20 percent from the previous close.
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The report also highlighted that gross capital formation, the overall investment in India, dropped from 32.6 percent of GDP in FY23 to 31.4 percent in FY24.
