The combined market valuation of six of the top-10 valued firms climbed Rs 63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest winners. The 30-share BSE Sensex rose 187.95 points, or 0.22 per cent, over the past week. Larsen & Toubro, State Bank of India (SBI), HDFC Bank, Life Insurance Corporation of India (LIC), Bajaj Finance, and Reliance Industries were the gainers, while Bharti Airtel, ICICI Bank, Infosys, and Tata Consultancy Services saw their valuations erode. The market valuation of Larsen & Toubro jumped by Rs 28,523.31 crore to Rs 6,02,552.24 crore. SBI added Rs 16,015.12 crore to Rs 11,22,581.56 crore. The valuation of HDFC Bank climbed by Rs 9,617.56 crore to Rs 14,03,239.48 crore, and that of LIC edged higher by Rs 5,977.12 crore to Rs 5,52,203.92 crore. The market capitalisation (mcap) of Bajaj Finance advanced Rs 3,142.36 crore to Rs 6,40,387 crore, and that of Reliance Industries went up Rs 202.99 crore ..
State Bank of India (SBI) is actively investing in startup-focused funds and financial market infrastructure through direct equity participation as part of its MSME strategy, a top official said on Saturday. "We have been actively investing in startup-focused funds and financial market infrastructure through direct equity participation and schemes like Startup India, and banks in startup-intensive branches and business centres," SBI managing director Ravi Ranjan said while addressing the 'India by MSME' event of UGRO Capital in Mumbai. Highlighting the role of startups, he said, "As a code for the entrepreneurial spirit sweeping the new India, the startups are pivotal in accelerating MSME credit by driving innovation, fostering internet adoption, and creating basic employment and population scale with unicorns boosting technology governance, facilitating economic expansion for MSMEs." He further said the bank has started a startup hub in different cities and unmatched skill and ...
It has nearly ₹1 trn capacity to lend towards this segment; bank to file prospectus with Sebi by March for SBI MF IPO
The brokerage expects PSBs to continue growing well until the first half of FY27 (H1FY27), but said private sector banks (PVBs) could outperform thereafter
The SBI Clerk Mains result 2025 will be out soon on the official website, sbi.co.in. The exam was conducted on November 21, 2025, for more than 60,000 candidates who appeared for the mains exams
India's currency in circulation reached a record ₹40 trillion in January even as the cash-to-GDP ratio fell to 11%, signalling incremental GDP growth increasingly financed through digital payments
SBI's market capitalisation rose to ₹10.92 trillion after its shares hit a record high, overtaking TCS, whose stock has fallen sharply from its lifetime peak
Banks see strong revival in corporate lending as higher bond yields and improved working capital utilisation push companies back to bank loans in Q3FY26
SBI shares hit a fresh all-time high after Q3FY26 results beat estimates. Brokerages raise earnings forecasts and target prices to ₹1,300, maintaining buy calls
SBI's Q3FY26 net profit rose 24.5 per cent to ₹21,028 crore on higher NII and non-interest income. The bank raised FY26 credit growth guidance to 13-15 per cent
On a standalone basis, the largest lender in the country reported 24.48 per cent jump in the December quarter net profit at ₹21,028 crore as against ₹16,891 crore in the year-ago period
Q3FY26 company results: Firms including Tinna Rubber and Infrastructure, Autoline Industries, Balkrishna Paper Mills, and VST Tillers Tractors are also to release their October-December earnings today
Vinay Tonse will replace Prashant Kumar as MD & CEO as bank readies next growth push
SBI Q3FY26 results preview: Analysts expect muted profit growth amid higher provisions. Check earnings estimates, NII, NIM outlook, and results date.
RBI has approved the appointment of former SBI managing director Vinay Tonse as Yes Bank's MD & CEO for three years, subject to shareholder approval
All the PSU Bank index constituents were trading lower, with Bank of India, Bank Maharashtra, Indian Bank, Bank of Baroda, and Union Bank of India falling in the range of 3 to 7 per cent
The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs
There is greater confidence among banks to lend to MSMEs because of data availability, and clarity in terms of their business models, says Setty
Former SBI chief Arundhati Bhattacharya says AI is reshaping leadership and banking, urging firms to embrace technology to drive inclusion, agility and better customer service
SBI Research expects Budget 2026 to focus on fiscal discipline, managing rising debt, steady borrowing and higher capital spending amid global uncertainty and volatile markets