The rate cut and upward revision in economic growth forecast was on expected lines given the fall in CPI inflation and sharp growth in economic numbers in September 2025 quarter.
He said SBI expects credit to expand 12-14 per cent in FY26 after revising its guidance upward earlier this year, supported by steady retail, agriculture and MSME lending, and a notable pick-up in corporate borrowing
He added that Unified Lending Interface (ULI) itself can transform the national financial grid.
ICICI Securities is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 1150 in its research report dated November 13, 2025.
The report noted that growth continues to be underpinned by buoyancy in both services and manufacturing sectors, alongside structural reforms that have strengthened demand conditions
SBI, which is 55%-owned by the government, is seeing signs of an industry-wide revival of capital spending by corporates but pricing for loans is becoming tighter.
Stocks to Watch, 13 November: Stocks like Tata Steel, Lloyds Metals and Energy, Prestige Estates Projects, Nazara Technologies, Indian Railway Catering and Tourism Corporation IRCTC, Entero Healthcare Solutions, Endurance Technologies, Ircon International, Cohance Lifesciences, and Data Patterns will be in focus on November 13.
Namo eWaste Management shares rallied more than 12 percent to finish the session at Rs 215.25, while Sahasra Electronic Solutions surged over 15 percent to Rs 350, extending their upward journey for the fourth consecutive session.
Prabhudas Lilladher is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated November 04, 2025.
Emkay Global Financial is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated November 05, 2025.
Deven Choksey is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 1108 in its research report dated November 06, 2025.
ICICI Securities is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 1150 in its research report dated November 05, 2025.
Setty added that after several quarters of muted activity, corporate loan growth has started to pick up, buoyed by a strong pipeline and improving credit demand. Setty said that while there were sizeable prepayments in recent quarters partly due to the lender’s decision not to match aggressive pricing and partly because several corporates chose to repay loans using surplus cash the outlook has turned positive.
According to Setty, SBI’s primary intent in participating in the reconstruction plan was not profit-making but supporting financial stability at a crucial time.
SBI was also the first bank to become a Trading-cum-Clearing (TCM) Member at India International Bullion Exchange in 2024, it said.
SBI News: The bank has recruited 505 Probationary Officers (POs) in June
When India was busy bursting crackers during Diwali festivities, an explosive LinkedIn post by RBI's Sarthak Gulati detailed how the SBI team had copied all the key data-complete with graphs and charts.
Market sentiment is likely to remain favourable for bulls on the Muhurat trading day. Below are some short-term trading ideas to consider.
Stocks to Watch, 21 October: Stocks like Geojit Financial Services, State Bank of India, National Securities Depository, Axis Bank, Marathon Nextgen Realty, Unimech Aerospace and Manufacturing, Bliss GVS Pharma, and South Indian Bank will be in focus on October 21.
On October 15, Moneycontrol reported that SBI plans to raise up to Rs 7,500 crore through Basel-III compliant Tier-II bonds maturing in 10 years.
On July 16, the board of SBI approved raising up to Rs 20,000 crore through bonds in FY26
The market is expected to consolidate further before entering a firm directional move. Below are some short-term trading ideas to consider.
A lean breakout on the upside will happen only after Nifty takes out 25,600 with a thrust and stays above that. On the downside, the 24,850-24,950 zone is a crucial support area. A clear trend would emerge only above or below the mentioned levels,Milan Vaishnav said.
The reform represents a significant change in the selection process for top roles such as MDs, Chief Executive Officers (CEOs), and Whole-Time Directors (WTDs) across public financial institutions.
Setty said the lender needs to get the 'collections piece right' on the small value loans before rolling out other products on the UPI