NIFTY 50 Market News

State Bank of India Share Price Live Updates: Statement Of Deviation / Variation

SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimates — State Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during the quarter. Total business crossed one hundred ten trillion rupees, with deposits exceeding sixty trillion. Advances grew nineteen percent year-on-year, driven by broad-based loan segment expansion. Margin improvements were noted, defying earlier analyst expectations of pressure.

SBI Q1 Results Today: Time, Earnings Call, Dividend, What To Watch, Share Price — State Bank of India will announce Q1FY27 results on Aug. 7, with investors closely tracking profit, NII, margins, asset quality and management commentary.

SBI Q1 results preview: Will India's largest public bank report a decline in profit? — In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income growth. Analysts foresee a decrease in net interest margins despite vigorous loan activity. With deposit growth expected to trail behind credit expansion, this could prevent any recovery in margins, though asset quality seems likely to remain stable with consistent credit expenditures.

Banks tone down rate-hike bets as RBI sounds dovish on prices — Some banks now anticipate fewer policy rate increases from the Reserve Bank of India. Yes Bank and State Bank of India have revised their earlier rate hike forecasts. MUFG Bank has also pushed back its expected policy rate hike timing. Other banks maintain their forecasts for cumulative rate increases this fiscal year. Inflation projections remain sensitive to future crude oil price movements.

Indian rupee ends flat as robust importer hedging blunts oil price relief — The Indian rupee finished slightly lower at the close on Monday, pulling back from an early surge. Demand for dollars from importers and state banks intensified, countering the fall in oil prices. Meanwhile, global equities gained ground ahead of the scheduled discussions between Washington and Tehran. The dollar index maintained its position, and most Asian currencies appreciated.

State Bank of India's perpetual bond demand seen spurring more issuances, bankers say — State Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders preparing for perpetual bond call options this fiscal year, they may be encouraged to initiate fresh debt offerings. This trend underlines banks' focus on bolstering capital buffers to foster credit growth and expansion, highlighting a strong institutional demand among various investor segments.

SBI raises ₹4,691 crore through the issuance of tier-1 bonds. Details here — State Bank of India raised ₹4,691 crore through its first Basel III-compliant AT1 bond issuance, driven by strong institutional demand. The bonds have a 7.75% coupon rate and a perpetual tenor, with an AA+ rating from CRISIL and CARE Ratings.

SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% coupon — State Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received bids exceeding twice the base size, reflecting strong demand from institutional investors across multiple domestic financial segments.

SBI to issue first rupee-denominated perpetual debt of 2026: Report — State Bank of India plans to issue perpetual bonds soon. The bank aims to raise fifty billion rupees within two weeks. This issuance will be Basel III-compliant with a five-year call option. The country's largest lender expects to complete this by early August. Canara Bank last tapped the market for similar bonds in November 2025.

SBI to issue first rupee-denominated perpetual debt of 2026: Report — State Bank of ​India is set to become the first ​bank to tap the market for perpetual bonds in 2026, with plans to raise 50 billion rupees ($517.76 million) within the ‌next two ⁠weeks, ⁠three bankers familiar with the matter said on Friday.

Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 21 July 2026 — Shares to buy or sell: Chandan Taparia has recommended three stocks to buy today, 21 July 2026 -  Taparia recommends buying Manappuram Finance, State Bank of India (SBI), and Bharat Forge shares.

An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peers — State Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-owned and private sector banks' efforts. Other lenders like Bank of Baroda and Canara Bank raised smaller sums. Banks are now focusing on attracting overseas currency inflows from the Indian diaspora. This strategy aims to provide greater flexibility for high-net-worth clients.

SBI Funds IPO subscribed 2.77 times on Day 2; NII segment leads demand — SBI Funds Management's IPO saw strong subscription interest on its second day. The Qualified Institutional Buyer portion was subscribed 1.5 times, while retail investors showed good engagement. Non-Institutional Investors showed significant interest, subscribing 6.58 times to their allocated portion. Shareholders of its parent company, State Bank of India, subscribed 3.98 times. This significant IPO, the largest of 2026, closes for bids on Thursday.

India bonds recover on softer US rate outlook; oil risk caps gains — Indian government bonds experienced a positive turnaround on Wednesday, recovering from previous dips as soft inflation data from the US eased rate hike apprehensions. However, higher crude oil prices exerted upward pressure on US yields, which limited market gains. Steady buying from state banks and foreign entities bolstered bonds, though traders continue to navigate inflationary and fiscal uncertainties.