Leading public sector lender State Bank of India (SBI) has overtaken IT services firm Tata Consultancy Services (TCS) to become the country’s fourth-largest listed company by market capitalization, riding on a sharp post-earnings recovery and renewed optimism around public sector banks.SBI’s market capitalization now stands at almost Rs 10.92 lakh crore, compared to TCS at […]
Shares of State Bank of India (SBI), the country’s largest public sector lender, are expected to remain in focus during Monday’s trading session after a strong performance in the third quarter of FY26. The bank reported robust earnings growth, steady improvement in asset quality and healthy loan growth, prompting brokerage Nuvama Research to raise its […]
India’s largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (year-on-year) growth in its standalone net profit of Rs 21,028 crore in the third quarter. Net interest income for the same period rose 9% year-on-year to Rs 45,190 crore.The company’s operating profit (before provisions and contingencies) grew 40% year-on-year to […]