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State Bank of India

State Bank of India

SBIN | 500112

1097.2

+12.20 (1.12%)

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    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High1124.5
    Today's Low1075.7
    Open1080.1
    Previous Close1097.2
    Volume29410622
    Total Traded Value High32460736548.4

    Overview

    State Bank of India was incorporated on 01 July, 1955. The Government of India nationalized the Imperial Bank of India in 1955, with Reserve Bank of India taking a 60% stake, and the name changed to State Bank of India. State Bank of India is an Indian multinational, public sector banking and financial services institution. Headquartered in Mumbai, SBI has been providing a wide range of products and services to individuals, commercial enterprises, large corporate, public bodies, and institutional customers. The Bank operates in four business segments, namely Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Business. The Treasury segment includes the investment portfolio and trading in foreign exchange contracts and derivative contracts. The Corporate/ Wholesale Banking segment comprises the lending activities of Corporate Accounts Group, Mid Corporate Accounts Group and Stressed Assets Management Group. The Retail Banking segment consists of branches in National Banking Group, which primarily includes personal banking activities, including lending activities to corporate customers having banking relations with branches in the National Banking Group. SBI provides a range of banking products through their vast network of branches in India and Overseas, including products aimed at NRIs. Bank has 244 overseas offices spread over 29 countries. They have 14,998 branches of the parent in Colombo, Dhaka, Frankfurt, Hong Kong, Johannesburg, London and environs, Los Angeles, Male in the Maldives, Muscat, New York, Osaka, Sydney, and Tokyo. They have Offshore Banking Units in the Bahamas, Bahrain, and Singapore, and Representative Offices in Bhutan and Cape Town. In the year 2001, the SBI Life Insurance Company was started by the Bank. It is the only Bank that has been permitted 74% stake in the insurance business. The Bank's insurance subsidiary 'SBI Life Insurance Company' is a joint venture with Cardif S.A in which Cardif holds 26% of the stake. During the year 2005-06, the bank introduced 'SBI e-tax' an online tax payments facility for direct and indirect tax payment. They also launched the centralized pension processing. The Bank made a partnership with Tata Consultancy Services for setup C-Edg Technologies and consulting services to the banking, financial services and insurance industry. The bank was noted as 'The most preferred bank' in a survey by TV18 in association with AC Nielsen-ORG Marg. Also, the Bank was voted as 'The most preferred housing loan provider' in AWAAZ consumer awards for the year 2006. In the customer loyalty survey 2006-07 conducted by 'Business World', the Bank was ranked number one in all parameters of customer satisfaction, service orientation, customer care/ call center, and customer's loyalty and home loans. SBI Funds was judged 'Mutual fund of the year' by CNBC/TV-18/CRISL. The Bank introduced new products and services such as web-based remittance, instant fund transfer, online-trading and comprehensive cash management. During the year 2007-08, the Bank launched 965 branches all over the country. They inaugurated a new state-of-the art Dealing Room with online connectivity to all active forex intensive Branches at Corporate Centre in Mumbai. They launched a new product, Construction Equipment Loan to cater to construction Companies. Also, they introduced new products such as SBI Reverse Mortgage Loan and SBI Home Plus in the areas of Home Loans. During the year, the RBI transferred their entire shareholding in the Bank representing 59.73% of the issued capital of the Bank to the Government of India. The Bank acquired 92.03% of equity of Global Trade Finance Ltd. Consequently; GTFL became a subsidiary of the Bank. They signed an MoU with the Indian railways for installing ATMs at 682 railway stations. In March 2008, the Bank opened their 10,000th branch and became only the second bank in the world to have more than 10,000 branches after China's ICBC. During the year 2008-09, the company launched Import factoring, a new product in association with SBI Factors & Commercial Services Ltd. They increased the number of branches for retail sale of gold coins from 250 to 518. Also, they re-launched Gold Deposit Scheme at 50 branches to mobilize gold from domestic market for deployment as metal loans to jewellers. During the year, the Bank opened their 11,111th Branch at Sonapur (Kamrup District) in Assam. They introduced three new products viz., SBI Special Home Loan, SBI Happy Home Loan and SBI Lifestyle in response to the stimulus package announced by the Government of India. Also, they entered into an exclusive arrangement with Tata Motors for handling the booking process of Tata 'Nano' cars. During the year, the Bank launched on their website an on-line application form for registering Auto Loan enquiries and expeditiously monitoring and converting these leads into Auto Loans. Also, they launched 'e-invest' for the ASBA (applications supported by blocked accounts) to aid investors for their equity subscriptions, IPO and Rights applications. During the year, the Bank set up a custodial services company namely SBI Custodial Services Pvt. Ltd., in joint venture with Societe Generale, France. They signed letter of intent for setting up of joint venture company for undertaking General Insurance Business. Also, they divested 10% equity stake in its wholly owned subsidiary SBI Pension Fund Pvt. Ltd at cost in favour of its subsidiaries. In October 2008, the Bank signed an MoU with State General Reserve Fund (SGRF) of Oman, for a general purpose private equity fund. State Bank of Saurashtra (SBS), a wholly owned subsidiary of the Bank, amalgamated with the Bank with effect from August 13, 2008. They signed a joint venture agreement with Insurance Australia Group for undertaking General Insurance business. Also, they signed a joint venture agreement with Macquarie Capital Group, Australia and IFC, Washington for setting up an Infrastructure fund of USD 3 billion for investing in various infrastructure projects in India. During the year 2009-10, the Bank opened 1,049 branches. In July 2009, SBI introduced 'SBI Loan to Affluent Pensioners' enabling the government pensioners to avail personal loans upto Rs 3 lakh. During the year, the Bank designed a special package, the Defence Salary Package, for personnel of the three Armed Forces i.e. the Army, Navy and Air Force who maintain their Salary accounts with them. In June 2009, the company increased their shareholding in Nepal SBI Bank Ltd to 55.02% and thus Nepal SBI Bank Ltd became a subsidiary of the Bank with effect from June 14, 2009. In May 2010, the Bank selected consortium of Elavon Incorporation, USA and Visa International, USA as their joint venture (JV) partner for Merchant Acquiring Business. They set up a wholly owned subsidiary, namely SBI Payment Services Pvt Ltd for conducting Merchant Acquiring Business. In August 2010, State Bank of Indore was amalgamated with the Bank as per the scheme of amalgamation approved by the Central Board. During the year 2010-11, the Bank introduced 2 new products, namely 'Pushpa Ullas' and 'Arthias Plus' on pilot basis. They made substantial progress in establishing itself as a leading PE fund player of the country. Also, they signed a Joint Venture agreement with State General Reserve Fund (SGRF) of Sultanate of Oman, a sovereign entity, to set up a general-purpose private equity fund with an initial corpus of USD 100 million, expandable further to USD 1.5 billion. During the year, the Bank opened 576 new branches besides merger of 470 branches of erstwhile State Bank of Indore. Also, they opened 14 foreign offices during the year, taking the total to 156. In July 1, 2010, the Bank launched their 'Green Channel Counter' at select branches across the country. In General Insurance business, the Bank launched limited operations in April 2010 for the Corporate and Mid Corporate customers based at Mumbai, and it was expanded to six other major locations in July 2010. In the Retail segment, the Bank launched their Long Term Home Insurance business at Mumbai in October 2010, which was gradually extended to cover 56 RACPCs and RASMECCs. General Insurance SME business was launched on a pilot basis in Mumbai and Chennai in February 2011. During the first quarter of the financial year 2011-12, the Government of India issued the 'Acquisition of State Bank of India Commercial & International Bank Ltd. vide notification dated July 29, 2011. Consequent to the said notification, the undertaking of State Bank of India Commercial & International stands transferred to and vest in State Bank of India with effect from July 29, 2011. In 2012, State Bank of India signed a Preliminary Non-Binding Memorandum of Understanding with Russian Direct Investment Fund (RDIF), to facilitate advancing bilateral economic cooperation and trade between Russia and India aimed at exploring investment opportunities in both the countries. State Bank of India (SBI) also entered into an agreement with StarAgri Warehousing Ltd (StarAgri), India's leading agri-services & solutions provider, for Warehousing Receipt Financing and Collateral Management Services during the year under review. The bank launched virtual debit cards to check online fraud and promote e-commerce. In 2013, State Bank of India (SBI) inaugurated its 2nd branch in China in Tianjin, a major port city in northeastern China. The bank introduced smart pre-paid card for students, blue-collar workers. In 2014, State Bank of In-dia launched new digital Online and self-service banking solutions with support from Accenture. The bank also unveiled 6 digital branches. In 2015, State Bank of India launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI). The bank also introduced online facility for overdraft against FDs. SBI partners with Amazon. SBI entered into a MoU with PayPal, an American online money transfer services provider firm, for facilitating cross-border transactions. State Bank of India launched SBI eforex. SBI also launched an initiative to provide doorstep services and expedite home loans application process. State Bank of India jointly launched a cyber crime awareness campaign. On 26 March 2015, State Bank of India (SBI) announced that consequent upon the promulgation of the Insurance Laws (Amendment) Ordinance, 2014 and subsequently passed by both the houses of parliament, the Executive Committee of the Central Board (ECCB) of the bank has decided to initiate the necessary action as per JV agreement for dilution of SBI's stake in SBI General Insurance from 76% to 51% with corresponding increase of stake of IAG from 26% to 49%, including appointment of a valuer to facilitate valuation and price discovery. On 31 March 2015, State Bank of India (SBI) announced that the Executive Committee of the Central Board (ECCB) of the bank has authorised divestment of SBI's stake in SBI Life Insurance Co. Ltd. by up to 10%. The Committee of Directors for Capital Raising of the bank at its meeting held on 1 April 2015 considered and accorded approval to allot 10.04 crore equity shares on preferential basis to Government of India (GoI) at an issue price of Rs 295.59 per share aggregating Rs 2969.99 crore. The Committee of Directors for Capital Raising of the bank at its meeting held on 29 September 2015 considered and accorded approval to allot 19.65 crore equity shares on preferential basis to Government of India (GoI) at an issue price of Rs 274.37 per share aggregating Rs 5392.99 crore. On 21 December 2015, State Bank of India announced that the Committee of Directors, duly authorized by the Board authorized the bank to raise up to Rs 12000 crore by way of issue of Basel III compliant Tier II bonds, at par, through private placement. State Bank of India and Reliance Industries Limited (RIL) signed the shareholders agreement on 30 June 2016 for setting up Payments Bank. The Subscription and Shareholders' Agreement was signed by RIL as promoter with a 70% equity contribution and SBI as joint Venture partner with 30% equity contribution. The Payments Bank will leverage SBI's nationwide distribution network and risk management capabilities alongwith the substantial investments made by RIL in its retail and telecom businesses. On 4 July 2016, State Bank of India announced that it has sold 5% stake in National Stock Exchange of India Limited (NSE) constituting 22.50 lakh equity shares of NSE to Veracity Investments Limited, a Mauritius based FII, at Rs 4,050 per share for a total consideration of Rs 911.25 crore. Post this transaction, SBI holds 5.19% stake in NSE while its subsidiary SBI Capital Markets Limited holds another 4.33% in the NSE. The Committee of Directors for Capital Raising of the bank at its meeting held on 24 August 2016 authorized the bank to raise up to Rs 11100 crore Additional Tier 1 capital by way of issue of Basel III compliant Perpetual Debt instrument in USD and/or INR, at par, through private placement to overseas and/or Indian investors. The Executive Committee of the Central Board (ECCB) of State Bank of India (SBI) at its meeting held on 14 October 2016 approved to dilute up to 5% stake of SBI in its subsidiary SBI Life Insurance Company Limited to a non-promoter entity. On 25 October 2016, SBI announced that it has issued and allotted 25,000 AT1 Basel III compliant Non-convertible, Perpetual, Subordinated, Unsecured Debt instrument in the nature of debenture, of face value Rs 10 lakh each at par through private placement bearing coupon at 8.39% p.a. payable annually with call option after 5 years or any coupon payment date thereafter aggregating to Rs 2500 crore in third tranche. The Executive Committee of the Central Board (ECCB) of State Bank of India at its meeting held on 9 December 2016 approved divestment of 3.9 crore equity shares constituting 3.9% stake in SBI Life Insurance Company Ltd. at a price of Rs 460 per share, subject to all regulatory approvals. On 17 January 2017, SBI announced that it has concluded the issue of USD 500 million Fixed Rate Senior Unsecured Notes having a maturity of 5 years at a coupon of 3.25 percent payable semi-annually under Regulation-S. The bonds will be issued through the bank's London Branch and listed on Singapore Stock Exchange. The Committee of Directors for Capital Raising of State Bank of India considered and approved on 20 January 2017 by circulation the allotment of 21.07 crores equity shares at an issue price of Rs 269.59 per share on preferential basis to Government of India aggregating Rs 5680.99 crore. The Executive Committee of the Central Board of State Bank of India at its meeting held on 15 March 2017 accorded approval for infusing additional capital of up to Rs 1160.04 crore in credit card joint venture companies viz. SBI Cards & Payment Services Ltd. and GE Capital Business Process Management Services Ltd. through purchase of equity shares from GE Capital so as to increase the bank's stake in both the companies to 74%. SBI merged five of its associate banks viz. State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Hyderabad and Bhartiya Mahila Bank with itself with effect from 1 April 2017. In February 2017, the Union Cabinet approved the acquisition by State Bank of India of its subsidiary banks namely State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Hyderabad. On 8 June 2017, State Bank of India (SBI) announced closure of qualified institutional placement of equity shares. The bank successfully rose about Rs 15000 crore from issue of 52.21 crores equity shares at a price of Rs 287.25 per share to qualified institutional buyers. The Central Board of State Bank of India at its meeting held on 27 December 2017 accorded approval to raise Additional Tier 1 capital by way of issuance of Basel III compliant debt instrument in USD and/or INR to the tune of Rs 8000 crore from domestic/international market including rupee denominated Masala Bonds till 31 March 2018. The Executive Committee of the Central Board of State Bank of India at its meeting held on 8 January 2018 approved long term fund raising in single or multiple tranches up to USD 2 billion under Reg-S/144A, through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2018 and FY 2019. The Executive Committee of Central Board of State Bank of India at its meeting held on 17 January 2018 approval the proposal for issuance of long term bonds of Rs 20000 crore for financing of infrastructure and affordable housing in domestic and overseas market in FY 2018 and FY 2019. The Committee of Directors for Capital Raising of State Bank of India at its meeting held on 16 February 2018 accorded its approval for preferential allotment of 29.25 crore equity shares at Rs 300.82 per share (including a premium of Rs 299.82 per share) to Government of India (GoI) aggregating Rs 8800 crore. Total assets of the Bank have increased by 6.55% from Rs 34,54,752.00 crore at the end of March 2018 to Rs 36,80,914.25 crore as at the end of March 2019. During the period, the loan portfolio increased by 12.97% from Rs 19,34,880.19 crore, to Rs 21,85,876.92 crore and Investments decreased by 8.86% from Rs 10,60,986.71 crore to Rs 9,67,021.95 crore as at the end of March 2019. The Bank has one of the largest ATM networks in the world with 58,415 ATMs including Automated Deposit and Withdrawal Machines (ADWMs) as on 31 March, 2019. The Bank has 57,467 operating BCs, over 22,000 branches and 58,415 ATMs including 7,658 Automated Deposit & Withdrawal Machines (ADWMs). More than 36% of the financial transactions of your Bank are routed through ATMs/ADWMs. As on 31 March 2020, the Bank has 61,102 operating BCs, around 22,100 branches and 58,555 ATMs including 13,270 Automated Deposit & Withdrawal Machines (ADWMs). Nearly 28% of the financial transactions of your Bank are routed through ATMs/ADWMs. Total assets of Bank have increased by 7.35% from Rs 36,80,914.25 crore at the end of March 2019 to Rs 39,51,393.92 crore as at the end of March 2020. During the FY2020 , the loan portfolio increased by 6.38% from Rs 21,85,876.92 crore, to Rs 23,25,289.56 crore and Investments increased by 8.27% from Rs 9,67,021.95 crore to Rs 10,46,954.52 crore as at the end of March 2020. In March 2020, as per Scheme of Reconstruction notified by the Government of India, SBI infused Rs 6,050 crore in Yes Bank Ltd., having 48.21% stake into the SBI Group and accordingly, Yes Bank Limited became an associate of the SBI Group w.e.f 14 March 2020. During FY 2021, Bank launched three new products, viz. Agri Infrastructure Fund (AIF), Animal Husbandry Infrastructure Development Fund (AHIDF) and PM Formalisation of Micro Food Processing Enterprises (PM FME). The Bank has closed four foreign offices- Lenasia Marketing Office (South Africa), Selatar Remitance Center (Singapore), Bab-al-Bahrain Limited Service Centre (Bahrain) and its Representative Office at Istanbul (Turkey). The Bank has 22,219 branches over 71,968 Business Correspondents and over 62,617 ATMs including 13,237 Automated Deposit & Withdrawal Machines (ADWMs). As of Mar'22, Bank has 22,266 branches, over 68,000 Business Correspondents and over 65,000 ATMs including 12,872 Automated Deposit & Withdrawal Machines (ADWMs). During FY 2022, Bank rationalized its overseas operations by a closure of an overseas Subsidiary, SBI Botswana Ltd, and merged the Ilford branch of SBI UK Ltd. with its East Ham branch. During FY 2023, Bank opened one India Visa Application Centre (Other Offices) at Khulna (Bangladesh) and 5 branches and 3 extension counters through its overseas subsidiary in Nepal. As of March 2023, Bank had 22,405 branches, over 76,089 Business Correspondents and over 65,627 ATMs including 12608 Automated Deposit & Withdrawal Machines (ADWMs). As of March 2024, Bank had 22,542 branches, over 76,089 Business Correspondents and over 63,580 ATMs including 11256 Automated Deposit & Withdrawal Machines (ADWMs). During FY 2024, Bank has opened two offices in Sri Lanka, one at Trincomalee (Branch) and the other at Jaffna (Sub-Office). Overseas Subsidiaries: Three branches opened at Lamahi, Beltar, and Duhabi and Dulegaunda of Nepal SBI Bank Ltd, Nepal and One India Visa Application Centre at Khustia, Bangladesh. As of March, 2025, Bank had 22,937 branches, over 76,089 Business Correspondents and over 63791 ATMs including 13366 Automated Deposit & Withdrawal Machines (ADWMs). As of March, 2026, Bank had 23,265 domestic branches, over 76,089 Business Correspondents and over 64,265 ATMs including 43, 114 Automated Deposit & Withdrawal Machines (ADWMs). In FY 2025-26, SBI launched first phase of Project KENTRO at six foreign offices - London, Dubai, Gift City, Antwerp, Male and Johannesburg to centralise and digitise trade finance back-office operations. Two Global Trade Finance Centres have been established at Hyderabad and Kolkata respectively and the Trade Finance processing have been centralised enabling automation. Bank has implemented Supply Chain Financing platform - titled Global SCF Link' - at the New York office. The Bank has crossed Rs 109 trillion in total business in FY 2026. Deposits grew by 11.03% to Rs 59.76 lakh crore, supported by strong growth in both domestic and overseas operations. Bank's advances have registered a strong growth of 16.87% to Rs 49.33 lakh crore, through healthy expansion across the retail, agriculture, SME, and corporate segments. While the retail advances crossed Rs 17 crores during the year 2026. Apart from these, the Bank has diversified businesses through its various subsidiaries i.e., SBI General Insurance, SBI Life Insurance, SBI Mutual Fund, SBI Card, etc. It spread the presence globally operating nearly 245 offices in 29 foreign countries. The Bank introduced several product enhancements during the year 2026, including Mutual Funds for NRO, SIP Registration by SBI Bank Customers, introduction of MTF basket for MTF trading through research-backed portfolios, deployment of AI-powered intelligent speech-to-text solution across the organisation, formation of AI Lab focused on rapid prototyping, and enterprise-wise AI literacy.

    Sector & Industry

    Banks - Public Sector

    Listing Exchange

    National Stock Exchange (NSE)

    Bombay Stock Exchange (BSE)

    Fundamentals

    Financial strength and ownership structure

    Valuation & Ratios

    Market Capitalisation₹9,04,415.91
    Price to Book (PB)1.61
    Price to Earnings (PE)10.86
    Return on Equity (ROE)16.68%
    Earnings Per Share (EPS)92.27
    Dividend Yield1.77%

    Financial Performance

    107390.78
    112868.34
    117469.38
    118242.45
    121044.68
    124653.66
    126840.21
    125728.68
    128040.50
    130385.95
    131080.12
    136240.49
    Sep
    '23
    Dec
    '23
    Mar
    '24
    Jun
    '24
    Sep
    '24
    Dec
    '24
    Mar
    '25
    Jun
    '25
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Shareholding Pattern

    55.50%
    55.50%
    55.52%
    55.47%
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Technicals

    Price-based indicators and levels

    Indicators

    INDICATORVALUESIGNAL
    Relative Strength Index (RSI)+70.56Overbought
    MACD+11.54Bullish

    Support and Resistance Levels

    R31133.50
    R21110.80
    R11097.90
    S11062.30
    S21039.60
    S31026.70

    Moving Averages

    PERIODSMAEMA
    20D Moving Average1037.001042.34
    50D Moving Average1023.731032.94
    200D Moving Average1028.021004.52

    News

    Hot Pursuit

    State Bank of India up for third straight session

    17 Jul 2026

    State Bank of India is quoting at Rs 1042.1, up 1.06% on the day as on 12:49 IST on the NSE. The stock is up 26.57% in last one year as compared to a 2.7% slide in NIFTY and a 3.3% slide in the Nifty Bank index.

    State Bank of India is up for a third straight session today. The stock is quoting at Rs 1042.1, up 1.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.92% on the day, quoting at 24294. The Sensex is at 77994.28, up 1.05%. State Bank of India has slipped around 0.06% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has slipped around 0.31% in last one month and is currently quoting at 57582.25, up 0.97% on the day. The volume in the stock stood at 46.58 lakh shares today, compared to the daily average of 108.12 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 1041.5, up 0.74% on the day. State Bank of India is up 26.57% in last one year as compared to a 2.7% slide in NIFTY and a 3.3% slide in the Nifty Bank index. The PE of the stock is 11.9 based on TTM earnings ending March 26. Powered by Capital Market - Live News

    State Bank of India ends higher after board OKs proposal to raise Rs 60,000 crore

    18 Jun 2026

    State Bank of India gained 1.64% to Rs 1042.85 after the bank's Central Board approved a proposal to raise up to Rs 60,000 crore during FY27 through the issuance of debt instruments in Indian rupees or foreign currencies.

    The fundraising may be undertaken through one or more instruments, including long-term bonds, Basel III-compliant Additional Tier 1 (AT1) bonds and Basel III-compliant Tier 2 bonds, via public issuances and/or private placements to domestic and overseas investors. State Bank of India is India's largest public sector lender with operations across retail banking, corporate banking, treasury, international banking and financial services. The bank's net profit stood at Rs 19,684 crore in Q4 FY26, up 5.58% year-on-year but down 6.39% sequentially. Total income stood at Rs 1,40,412 crore, down 2.41% YoY and marginally lower on a sequential basis. Powered by Capital Market - Live News

    SBI gets new government-nominated director on Central Board

    12 Jun 2026

    State Bank of India said that the Government of India has appointed senior IAS officer Sanjay Lohiya as a government-nominated director on the Central Board of the bank.

    Lohiya, a 1994-batch IAS officer of the Assam'Meghalaya cadre, is currently serving as Secretary in the Department of Financial Services. He previously served as Additional Secretary in the Ministry of Mines and has held several senior administrative positions, including Principal Secretary to the Chief Minister of Assam, Joint Secretary in the Ministry of Agriculture, and Director in the Prime Minister's Office. He is an alumnus of St. Stephen's College, University of Delhi. The Central Board of State Bank of India comprises government nominees and statutory directors and is responsible for the bank's strategic oversight and governance. State Bank of India is India's largest public sector lender with operations across retail banking, corporate banking, treasury, international banking and financial services. The bank's net profit stood at Rs 19,684 crore in Q4 FY26, up 5.58% year-on-year but down 6.39% sequentially. Total income stood at Rs 1,40,412 crore, down 2.41% YoY and marginally lower on a sequential basis. Shares of State Bank of India rose 0.92% to Rs 1,009.85 on the BSE. Powered by Capital Market - Live News

    SBI slips after Q4 NII, operating profit decline sequentially

    8 May 2026

    State Bank of India shares fell 5.57% to Rs 1,031 after the lender reported muted sequential profitability and weaker margins in Q4 FY26 despite improvement in asset quality.

    Net profit stood at Rs 19,684 crore in Q4 FY26, up 5.58% from Rs 18,643 crore in Q4 FY25 but down 6.39% from Rs 21,028 crore in Q3 FY26. Net interest income rose 4.13% YoY to Rs 44,380 crore in Q4 FY26 from Rs 42,618 crore in Q4 FY25. However, NII declined 1.35% sequentially from Rs 44,987 crore in Q3 FY26. Net interest margin for the domestic business contracted 21 bps YoY to 2.93% in Q4 FY26 from 3.14% in Q4 FY25. On a sequential basis, domestic NIM declined 18 bps from 3.11%. Total income stood at Rs 1,40,412 crore in Q4 FY26, down 2.41% YoY from Rs 1,43,876 crore and marginally lower by 0.36% QoQ from Rs 1,40,915 crore. Operating profit came in at Rs 27,704 crore in Q4 FY26, down 11.45% YoY from Rs 31,286 crore and lower by 15.70% sequentially from Rs 32,862 crore. Total provisions declined 36.56% YoY to Rs 8,020 crore in Q4 FY26 from Rs 12,643 crore. Sequentially, provisions fell 32.23% from Rs 11,834 crore. Loan loss provisions declined 20.78% YoY to Rs 3,140 crore and fell 2.34% QoQ. Cost-to-income ratio rose 180 bps YoY to 55.09% in Q4 FY26 from 53.29%. Sequentially, it expanded 680 bps from 48.29%. Interest income increased 3.00% YoY to Rs 1,23,098 crore, while interest expenses rose 2.37% YoY to Rs 78,718 crore. Fee income grew 7.95% YoY to Rs 10,852 crore. However, profit/loss on sale and revaluation of investments turned to a loss of Rs 1,471 crore against a gain of Rs 6,879 crore in Q4 FY25. Forex and derivatives income declined 55.99% YoY to Rs 1,258 crore. Operating expenses declined 4.79% YoY to Rs 33,990 crore, while staff expenses fell 9.94% to Rs 16,215 crore. Gross advances increased 16.87% YoY to Rs 49,32,627 crore as of 31 March 2026. Deposits rose 11.03% to Rs 59,75,642 crore. Retail personal advances grew 15.22% YoY to Rs 17,35,778 crore, while home loans increased 13.66% to Rs 9,44,210 crore. As per latest available ASCB data, bank's market share in home loans is 28.1% and in auto loans is 18.7%. Asset quality improved during the quarter. Gross NPA ratio declined 33 bps YoY to 1.49% from 1.82%, while net NPA ratio fell 8 bps YoY to 0.39% from 0.47%. Provision Coverage Ratio stood at 74.36%, while PCR including AUCA stood at 91.97%. Slippage ratio for FY26 improved by 1 bp YoY to 0.54%. Slippage ratio for Q4 FY26 stood at 0.47%. Credit cost improved to 0.37% in FY26 from 0.38% in FY25. The bank's CET-1 ratio improved 148 bps to 12.29% as of 31 March 2026 from 10.81% a year earlier, while CRAR rose 115 bps to 15.40% from 14.25%. For FY26, net profit rose 12.88% to Rs 80,032 crore from Rs 70,901 crore in FY25. Net interest income increased 4.08% to Rs 1,73,120 crore. Operating profit for FY26 rose 11.25% to Rs 1,23,015 crore, while total provisions increased 8.33% to Rs 42,983 crore. State Bank of India is India's largest public sector lender with operations across retail banking, corporate banking, treasury, international banking and financial services. Powered by Capital Market - Live News

    State Bank of India drops for fifth straight session

    5 May 2026

    State Bank of India is quoting at Rs 1064.8, down 0.34% on the day as on 13:19 IST on the NSE. The stock jumped 37.55% in last one year as compared to a 1.39% slide in NIFTY and a 0.85% spurt in the Nifty Bank index.

    State Bank of India fell for a fifth straight session today. The stock is quoting at Rs 1064.8, down 0.34% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 24040.4. The Sensex is at 77067.34, down 0.26%.State Bank of India has gained around 3.1% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has increased around 4.04% in last one month and is currently quoting at 54878.5, down 0.27% on the day. The volume in the stock stood at 66.89 lakh shares today, compared to the daily average of 172.52 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 1057.3, down 0.25% on the day. State Bank of India jumped 37.55% in last one year as compared to a 1.39% slide in NIFTY and a 0.85% spurt in the Nifty Bank index. The PE of the stock is 13.06 based on TTM earnings ending December 25. Powered by Capital Market - Live News

    SBI gains after arm SBIFM intiates IPO process with SEBI

    20 Mar 2026

    State Bank of India (SBI) climbed 1.52% to Rs 1,064.90 after the bank's subsidiary company, SBI Funds Management (SBIFM) has filed a draft red herring prospectus (DRHP) with SEBI for an initial public offer (IPO).

    The proposed IPO comprises up to 20,37,09,239 equity shares with a face value of Re 1 each, representing up to 10.0013% of the company's paid-up equity share capital. The issue is entirely an offer for sale (OFS). As a part of OFS, SBI plans to offload 12,83,34,397 equity shares (amounting to 6.30% stake) while Amundi India Holding will sell up to 7,53,74,842 equity shares (about 3.70% stake). For FY25, SBI Funds Management's total income stood at Rs 4,230.92 crore(0.64% of total income of SBI Group) The company's reserves & surplus was at Rs 5,108.56 crore, accounting for 1.19% of SBI Group's total reserve and surplus. After listing, SBI Funds Management will be among the listed Asset Management players including HDFC AMC, ICICI Prudential AMC, UTI AMC, Aditya Birla Sun Life AMC, Shriram AMC and Nippon Life India Asset Management. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25. Powered by Capital Market - Live News

    SBI raises funds aggregating to Rs 6,051 crore via bond route

    18 Mar 2026

    State Bank of India (SBI) said that it has raised Rs 6,051 crores at a coupon rate of 7.05% through its second Basel III compliant Tier 2 bond issuance for the current financial year.

    The bonds are issued for a tenor of 10 years, with call option after 5 years and each anniversary date thereafter. These bonds are rated 'AAA' with 'stable' outlook from CRISIL Ratings and India Ratings and Research. The bank further informed that the issue had attracted strong response from investors with bids of approximately 2 times against the base issue size of Rs 5,000 crore. The total number of bids received was 47 indicating participation from diverse set of qualified institutional bidders. The investors were across provident funds, pension funds, mutual funds, banks etc. Based on the response, the bank decided to accept Rs 6,051 crore at a coupon rate of 7.05% payable annually for a tenor of 10 years. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25. The scrip rose 0.54% to currently trade at Rs 1069.70 on the BSE. Powered by Capital Market - Live News

    State Bank of India slips for fifth straight session

    6 Mar 2026

    State Bank of India is quoting at Rs 1152.2, down 1.48% on the day as on 13:19 IST on the NSE. The stock jumped 57.24% in last one year as compared to a 9.07% rally in NIFTY and a 20.12% spurt in the Nifty Bank index.

    State Bank of India is down for a fifth straight session today. The stock is quoting at Rs 1152.2, down 1.48% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.68% on the day, quoting at 24597.8. The Sensex is at 79386.06, down 0.79%.State Bank of India has added around 0.54% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has eased around 3.98% in last one month and is currently quoting at 59055.85, down 1.35% on the day. The volume in the stock stood at 139.2 lakh shares today, compared to the daily average of 182.39 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 1157.8, down 1.42% on the day. State Bank of India jumped 57.24% in last one year as compared to a 9.07% rally in NIFTY and a 20.12% spurt in the Nifty Bank index. The PE of the stock is 14.32 based on TTM earnings ending December 25. Powered by Capital Market - Live News

    State Bank of India DMD Nitin Chugh's tenure ends

    4 Mar 2026

    State Bank of India said that the contract period of Nitin Chugh, Deputy Managing Director & Head (Digital Banking & Transformation), will conclude on 3 March 2026.

    The bank added that he has been relieved from the services of the bank at the close of business hours on 2 March 2026, as 3 March 2026 is a public holiday. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25. Shares of State Bank of India declined 2.0% to Rs 1,165.45 on the BSE. Powered by Capital Market - Live News

    State Bank of India up for five straight sessions

    17 Feb 2026

    State Bank of India is quoting at Rs 1221.8, up 1.13% on the day as on 12:44 IST on the NSE. The stock is up 68.34% in last one year as compared to a 12.17% gain in NIFTY and a 24.6% gain in the Nifty Bank.

    State Bank of India rose for a fifth straight session today. The stock is quoting at Rs 1221.8, up 1.13% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 25738.7. The Sensex is at 83523, up 0.3%. State Bank of India has added around 17.66% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has added around 2.12% in last one month and is currently quoting at 60949.1, up 0.35% on the day. The volume in the stock stood at 116.22 lakh shares today, compared to the daily average of 150.5 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 1216.6, up 0.96% on the day. State Bank of India is up 68.34% in last one year as compared to a 12.17% gain in NIFTY and a 24.6% gain in the Nifty Bank index. The PE of the stock is 14.77 based on TTM earnings ending December 25. Powered by Capital Market - Live News

    State Bank of India surges after Q3 PAT rises over 24% YoY in Q3

    9 Feb 2026

    State Bank of India jumped 6.89% to Rs 1139.90 after the bank reported 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 1,40,915 crore in Q3 FY26 as compared with Q3 FY25.

    Net interest income for the period under review was Rs 45,190 crore, up 9.04% YoY. Net interest margin was 3.12% for the December 2025 period as against 3.15% for the December 2024 period. The bank has received a one-time dividend income of nearly Rs 2,200 crore from SBI Mutual Fund during the quarter, along with treasury gains of approximately Rs 3,280 crore. Operating expenses rose by 21.08% to Rs 30,687 crore in the December 2025 quarter from Rs 28,935 crore in the December 2024 quarter. Accordingly, the public sector bank registered an operating profit of Rs 32,862 crore in Q3 FY26, up 39.54% YoY. Total provisions expanded by 77.71% to Rs 11,834 crore in Q3 FY26 from Rs 6,659 crore in Q3 FY25. Profit before tax in Q3 FY26 stood at Rs 249 crore, up by 22% from Rs 204 crore in Q3 FY25. Gross NPAs declined to 1.57% as of 31 December 2025, from 2.07% as of 31 December 2024. Net NPAs fell to 0.39% as of 31 December 2025 from 0.53% as of 31 December 2024. The provision coverage ratio (PCR) (including AUCA) as on 31 December 2025 was at 92.37%. AUCA or advance under collection account (AUCA) is a dummy account maintained by SBI in which written off loan accounts are transferred. The bank had a deposit base of Rs 57,01,309 crore as on 31 December 2025, up 9.02% YoY. Gross advances of the bank as on 31 December 2025 were Rs 46,83,508 crore, up 15.14% YoY. Capital adequacy ratio (CAR) as at the end of Q3 FY26 stood at 14.04%. The bank's management has reportedly guided for maintaining domestic NIMs above 3% and expects cost-to-income ratio to stay around 50%. Following the earnings announcement, domestic brokerages have reportedly raised their target prices for this stock. A domestic research house has reportedly maintained its 'buy' rating with a revised target of Rs 1,200 as against the previous target of Rs 1,035, valuing the bank at 1.5x September 2027 adjusted book value. Another domestic brokerage has lifted its target to Rs 1,300 from Rs 1,035 earlier, citing the bank's raised credit growth guidance of 13% to 15% for FY26. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The Government of India held 55.50% stake in the bank as on 31 December 2025. Powered by Capital Market - Live News

    Corporate News

    State Bank of India announces leadership changes, effective July 31, 2026

    31 Jul 2026

    State Bank of India announced that Deputy Managing Director & Chief Credit Officer and Chief Sustainability Officer Ashok Kumar Sharma and Chief Financial Officer Kameshwar Rao Kodavanti will be superannuating effective July 31, 2026, while Satyendra Kumar Singh will assume the role of Deputy Managing Director & Chief Credit Officer and Chief Sustainability Officer and Varinder Khanna will become Deputy Managing Director (CCG -II) Commercial Client Group, also effective that date; Sunil Ramgopal Agrawal will take charge as Chief Financial Officer and Key Managerial Personnel from August 1, 2026, as previously intimated in a letter dated July 15, 2026.

    State Bank of India secures Rs 4,691 crore through Basel III compliant Additional Tier 1 bonds

    30 Jul 2026

    State Bank of India (SBIN) announced that it has raised Rs 4,691 crore in Non-convertible, Taxable, Perpetual, Unsecured, Fully Paid-up Basel III compliant Additional Tier 1 Bonds, with a coupon of 7.75%, according to a regulatory filing on Monday, July 30, 2026.

    SBI secures Rs 4,691 crore through Basel III AT1 bond issuance with a 7.75% coupon

    29 Jul 2026

    State Bank of India (SBI) has raised Rs 4,691 crore through its first Basel III compliant Additional Tier 1 bond issuance for the current financial year, at a coupon rate of 7.75%, attracting bids exceeding 2 times the base issue size of Rs 3,000 crore, according to a press release.

    State Bank of India announces board meeting date

    28 Jul 2026

    On 7 August 2026

    State Bank of India will hold a meeting of the Board of Directors of the Company on 7 August 2026.

    State Bank of India receives LT foreign currency issuer rating from CareEdge

    8 Jul 2026

    State Bank of India announced that CareEdge Global Ratings has assigned a 'CareEdge BBB+/Stable' long-term foreign currency issuer rating to State Bank of India (SBI).

    State Bank of India raises Senior Unsecured Floating Rate Notes of USD 300 million

    29 Jun 2026

     State Bank of India has concluded the issuance of USD 300 million Senior Unsecured Floating Rate Notes having maturity of 3 Years and coupon of SOFR + 100 bps p.a. payable quarterly in arrears under Regulation-S. The bonds will be issued through the bank's  London branch as of 6 July 2026.

    State Bank of India board approves raising up to Rs 60,000 cr via bond issuance

    18 Jun 2026

    On 18 June 2026

    The Central Board of State Bank of India at its meeting held today i.e. 18 June 2026, inter alia, accorded approval for raising funds in INR and /or any other convertible currency by issue of debt instruments including but not limited to Long Term Bonds, Basel III compliant Additional Tier 1 Bonds, Basel III compliant Tier 2 Bonds, upto an amount of Rs 60,000 crore through public offer or private placement mode to Indian and /or Overseas investors during FY27, subject to GOI approval wherever required.

    State Bank of India to consider Fund Raising

    16 Jun 2026

    On 18 June 2026

    State Bank of India will hold a meeting of the Board of Directors of the Company on 18 June 2026.

    State Bank of India to convene AGM

    15 May 2026

    On 18 June 2026

    State Bank of India announced that the 71th Annual General Meeting(AGM) of the bank will be held on 18 June 2026.

    State Bank of India approves bond issuance up to USD 2 billion in FY27

    12 May 2026

    On 12 May 2026

    The executive committee of the central board of State Bank of India at its meeting held on 12 May 2026 has approved to examine the status and decide on long term fund raising in single / multiple tranches of up to US$ 2 Billion (US$ Two Billion) under Reg-S/144A, through a public offer and/or private placement of fixed / floating rate bonds in US Dollar or any other major foreign currency during FY 2026-27.

    Board of State Bank of India recommends final dividend

    8 May 2026

    Of Rs 17.35 per share

    State Bank of India announced that the Board of Directors of the Company at its meeting held on 8 May 2026, inter alia, have recommended the final dividend of Rs 17.35 per equity Share (i.e. 1735%) , subject to the approval of the shareholders.

    State Bank of India to consider fund Raising

    8 May 2026

    On 12 May 2026

    State Bank of India will hold a meeting of the Board of Directors of the Company on 12 May 2026.

    State Bank of India to conduct board meeting

    4 May 2026

    On 8 May 2026

    State Bank of India will hold a meeting of the Board of Directors of the Company on 8 May 2026.

    State Bank of India to conduct EGM

    28 Mar 2026

    On 15 May 2026

    State Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 May 2026.

    State Bank of India to hold EGM

    12 Feb 2026

    On 27 March 2026

    State Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 March 2026. Powered by Capital Market - Live News

    Market Commentary - Stock Alert

    Stock Alert: SBI, Aurionpro Solutions, MedPlus Health, Honasa Consumer, Bharat Wire Ropes, IOL Chemicals & Pharma

    11 Jun 2026

    Securities in F&O Ban: Kaynes Technology India shares are banned from F&O trading on 10 June 2026. Stocks to Watch: State Bank of India announced an increase in FCNR(B) deposit rates for the 3'5 year tenure bucket to 5.25%'6.00%. The 5-year rate was raised by up to 295 bps, the 4 to under 5-year rate by up to 280 bps, and the 3 to under 4-year rate by nearly 215 bps. Aurionpro Solutions said it is targeting a stronger FY27 presence in modular and edge products while actively rebuilding and repricing its banking software portfolio. MedPlus Health informed that its subsidiary received a drug license suspension for one of its stores in Karnataka. Honasa Consumer reported around 30% growth in its focus categories for FY26 and said it is targeting a 15% EBITDA margin through a 500 bps margin expansion. Reliance Communications announced the dissolution of its foreign step-down subsidiary in the UK. Bharat Wire Ropes received a notice from the Maharashtra Pollution Control Board directing it to halt operations at its manufacturing facility in Chalisgaon. IOL Chemicals & Pharmaceuticals reported a minor fire at its Minoxidil manufacturing unit, resulting in a temporary shutdown of operations for 8'10 days. The company said there were no injuries or plant damage. V-Mart Retail announced that Vineet Jain has resigned from the position of Chief Operating Officer. Bank of Baroda increased its 1-month, 3-month, and 6-month MCLR by 5 basis points. Canara Bank announced a 5 basis point increase in its 1-month and 3-month MCLR, effective June 12. KFin Technologies approved a $2 million investment in its Singapore subsidiary and the transfer of its GIFT City branch operations to its IFSC subsidiary. IZMO launched India's first integrated silicon photonics packaging line to address fragmented workflows. The government approved the merger of REC with Power Finance Corporation (PFC). Lodha Developers announced that Thane Commercial Tower A Management has ceased to be its subsidiary. IIFL Finance approved the allotment of $500 million fixed-rate senior secured notes due in 2029. Krishna Institute of Medical Sciences (KIMS) said its board will meet on June 13 to consider fundraising proposals. Power Grid Corporation appointed Venkata S. V. as Chief Financial Officer, approved a ₹485 crore SCADA system upgrade, and secured an '80 billion loan facility. Adani Enterprises announced that its subsidiary has completed the acquisition of a 100% stake in Portus Ventures. Blue Cloud Softech Solutions announced the resignation of CFO Venkata Seshavataram Varada and appointed Rama Rao Telli as the new Chief Financial Officer. Powered by Capital Market - Live News

    Results - Announcements

    State Bank of India consolidated net profit rises 0.22% in the March 2026 quarter

    8 May 2026

    Total Operating Income rise 3.34% to Rs 131080.12 crore

    Net profit of State Bank of India rose 0.22% to Rs 19642.87 crore in the quarter ended March 2026 as against Rs 19600.46 crore during the previous quarter ended March 2025. Total Operating Income rose 3.34% to Rs 131080.12 crore in the quarter ended March 2026 as against Rs 126840.21 crore during the previous quarter ended March 2025. For the full year,net profit rose 7.40% to Rs 83298.78 crore in the year ended March 2026 as against Rs 77561.34 crore during the previous year ended March 2025. Total Operating Income rose 5.02% to Rs 514932.59 crore in the year ended March 2026 as against Rs 490312.70 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Total Operating Income 131080.12 126840.21 3 514932.59 490312.70 5 OPM % 42.74 41.31 - 44.92 47.78 - PBDT 26075.51 26896.82 -3 111001.41 106365.30 4 PBT 26075.51 26896.82 -3 111001.41 106365.30 4 NP 19642.87 19600.46 0 83298.78 77561.34 7 Powered by Capital Market - Live News

    Market Beat

    State Bank of India fixes record date for dividend

    8 May 2026

    Record date is 16 May 2026

    State Bank of India has fixed 16 May 2026 as record date for determining the eligibility of members entitled to receive a dividend of Rs 17.35 per share for FY 2026. The dividend will be paid on 04 June 2026.

    Market Commentary - Quick Review

    Indices extend gains for 2nd day; Nifty ends above 25,850 mark

    9 Feb 2026

    The key domestic indices ended with major gains, extending gains for second consecutive trading session, supported by FII buying amid optimism over the recently concluded India-US trade agreement and positive global cues. Sentiments further lifted by key agreements signed between India-Malaysia. Investors will continue to monitor developments in the ongoing Q3 earnings season. The Nifty ended above the 25,850 mark. All the sectoral indices on the NSE were ended in the green, led by gains in Media, Consumer Durables and PSU Bank shares. As per provisional closing data, the barometer index, the S&P BSE Sensex jumped 485.35 points or 0.58% to 84,065.75. The Nifty 50 index rallied 173.60 points or 0.68% to 25,867.30. In the two consecutive trading sessions, Sensex and Nifty jumped 0.90% and 0.88%, respectively. The broader market outperformed the frontline indices. The BSE 150 MidCap Index climbed 1.66% and the BSE 250 SmallCap Index surged 2.45%. The market breadth was strong. On the BSE, 3,101 shares rose and 1,257 shares fell. A total of 179 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 2.09% to 12.19. Buzzing Index: The Nifty Media index surged 4.37% to 1,451.50. The index declined 0.26% in the previous two trading sessions. Saregama India (up 6.2%), Sun TV Network (up 5.49%), Nazara Technologies (up 5.41%), Hathway Cable & Datacom (up 4.9%) and Prime Focus (up 4.48%) were the top gainers. Among the other gainers were Network 18 Media & Investments (up 4.18%), PVR Inox (up 3.88%), Tips Music (up 3.86%), Zee Entertainment Enterprises (up 3.52%) surged. IPO Update: Fractal Analytics received bids for 15,47,776 shares as against 1,85,79,360 shares on offer, according to stock exchange data at 15:30 IST on Monday (9 February 2026). The issue was subscribed 0.08 times. The issue opened for bidding on 9 February 2026 and it closed on 11 February 2026. The price band of the IPO is fixed between Rs 857 and 900 per share. Aye Finance received bids for 53,93,420 shares as against 4,55,32,785 shares on offer, according to stock exchange data at 15:30 IST on Monday (9 February 2026). The issue was subscribed 0.12 times. The issue opened for bidding on 9 February 2026 and it closed on 11 February 2026. The price band of the IPO is fixed between Rs 122 and 129 per share. India-Malaysia sign key agreements Prime Minister (PM) Narendra Modi visited Malaysia from 7 February to 8 February 2026 and held bilateral talks with Malaysian PM Anwar Ibrahim. The wide-ranging talks during the two-day official visit, marked a significant step in strengthening the Comprehensive Strategic Partnership between India and Malaysia. India and Malaysia has signed 11 Memorandums of Understanding (MoUs) and exchanged several bilateral documents across a broad range of sectors during Prime Minister Narendra Modi's two-day official visit to Kuala Lumpur. The agreements, signed in the presence of PM Modi and his Malaysian counterpart Anwar Ibrahim following delegation-level talks, span trade and investment, semiconductors, digital economy, healthcare, security cooperation and peacekeeping, officials said. The two leaders launched Malaysia-India Digital Council (MLDC) and backed NPCI'PayNet payment link, paving way to introduce India's Unified Payments Interface (UPI) system in Malaysia. This initiative will simplify cross-border payments for businesses and travellers and strengthen financial ties between the two economies. Stocks in Spotlight: State Bank of India has rallied 7.46% after the bank reported 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 1,40,915 crore in Q3 FY26 as compared with Q3 FY25. Tata Steel added 2.56% after the steelmaker reported a sharp 723.14% jump in consolidated net profit to Rs 2688.70 crore on 6.4% increase in revenue from operations to Rs 56,646.05 crore in Q3 FY26 over Q3 FY25. Hi-Tech Pipes added 5.68% after the company announced the commencement of commercial production at its Sikandrabad, Unit-III (Uttar Pradesh) greenfield manufacturing facility. The Sikandrabad facility hosts a production capacity of 0.12 million tons. It would specialise in the production on ERW pipes and hollow sections. The company has reported 14.2% fall in consolidated net profit to Rs 17.38 crore despite a 24.6% increase in net revenue from operations to Rs 1,069.58 crore in Q3 FY26 as compared with Q3 FY25. Ganesha Ecosphere hit an upper circuit of 20% after the company delivered a decisive sequential recovery in Q3 FY26. On a sequential basis, Ganesha Ecosphere returned to profitability in Q3 FY26, with consolidated net profit at Rs 4.75 crore compared with a loss of Rs 0.50 crore in Q2 FY26. Revenue from operations eased 1.7% QoQ to Rs 357.22 crore. On a year-on-year basis, consolidated net profit declined 84% YoY from Rs 29.71 crore in Q3 FY25, while revenue from operations fell 10.2% YoY from Rs 397.80 crore. Shipping Corporation of India hit the upper circuit of 20% after the company reported a 436.24% surge in consolidated net profit to Rs 404.97 crore in Q3 FY26, compared with Rs 75.52 crore in Q3 FY25. Revenue from operations increased 22.5% year-on-year to Rs 1,611.67 crore for the quarter ended 31 December 2025. Kalyan Jewellers India zoomed 15.26% after its consolidated net profit surged 90.24% to Rs 416.29 crore in Q3 FY26, supported by a 42.17% increase in revenue from operations to Rs 10,343.4 crore compared to the same period last year. JK Tyre & Industries gained 2.42% after the company's consolidated net profit surged 294.96% to Rs 207.75 crore on a 14.95% increase in revenue from operations to Rs 4,222.96 crore in Q3 FY26 over Q3 FY25. Ram Ratna Wires soared 10.06% after the company reported a 73.1% jump in consolidated net profit to Rs 31.28 crore on 43.8% rise in revenue from operations to Rs 1,277.93 crore in Q3 FY26 over Q3 FY25. Atul Auto surged 8.64% after the company's consolidated net profit zoomed 98.06% to Rs 15.35 crore in Q3 FY26 as against Rs 7.75 crore posted in Q3 FY25. Total revenue from operations grew by 18.39% year-on-year (YoY) to Rs 230.86 crore in the quarter ended 31 December 2025. Global Markets: European market advanced while Asian markets ended higher on Monday, led by a surge in Japanese stocks following Prime Minister Sanae Takaichi's historic landslide election victory. The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported. A decisive win for Takaichi could be the 'best outcome' for markets over the medium term, as strategic investments and tax reform bolster equities, said Sree Kochugovindan, media report said. Japanese stocks have hit several highs over the past few months, driven by the so-called 'Takaichi trade' as markets expect the prime minister's economic policies ' seen as growth‑focused continuation of Abenomics ' to boost equities, while weakening the yen as she pushes for a looser monetary policy and higher government spending. U.S. President Donald Trump congratulated Takaichi on her victory in a TruthSocial post. Last Friday in the U.S., stocks surged as tech names recovered following several days of heavy selling in the sector and bitcoin rebounded following a rout that took the popular cryptocurrency down more than 50% from its high in October last year. The Dow Jones Industrial Average advanced 1,206.95 points, or 2.47%, closing at 50,115.67. Friday marked the first time the Dow exceeded the 50,000 level. The S&P 500 jumped 1.97% and ended at 6,932.30, while the Nasdaq Composite advanced 2.18% to 23,031.21. With those moves, the S&P 500 climbed back into the green for 2026. Even with Friday's rise, the S&P 500 posted a 0.1% decline for the week, while the Nasdaq fell 1.8% on the week. The 30-stock Dow rose 2.5% week to date, benefiting from some rotation into some economically cyclical stocks even as the overall market was weighed down by tech selling. Powered by Capital Market - Live News

    Insider Activity

    Acquisitions

    Ravi Shankar

    Designated Person

    Acquired 400 shares worth ₹3,03,080

    Reported on 5 Sept 2024

    Mode: Market Purchase

    Ravi Shankar

    Designated Person

    Acquired 400 shares worth ₹3,23,580

    Reported on 5 Sept 2024

    Mode: Market Purchase

    Disposals

    Ravi Shankar

    Designated Person

    Disposed 100 shares worth ₹83,608

    Reported on 5 Sept 2024

    Mode: Market Sale

    Ravi Shankar

    Designated Person

    Disposed 400 shares worth ₹3,02,940

    Reported on 5 Sept 2024

    Mode: Market Sale

    Ravi Shankar

    Designated Person

    Disposed 200 shares worth ₹1,77,530

    Reported on 5 Sept 2024

    Mode: Market Sale