#State Bank Of India

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Indian public sector banks seek a 49% foreign investment limit, with potential passive inflows of ₹30,000 crore, including ₹20,000 crore for SBI.

PSU Banks Seek 49% FDI Limit; SBI Eyes ₹20,000 Crore Boost

State-owned lenders propose raising the foreign investment ceiling from 20% to 49%. If approved, the move could unlock over ₹30,000 crore in passive foreign inflows, with the State Bank of India alone reportedly eyeing a ₹20,000 crore boost.

SBI Q2 FY27 results infographic showing a 14.28% rise in net profit to ₹23,038 crore, a ₹7,288 crore SBI Funds Management stake-sale gain and gross NPA declining to 1.39%.

SBI Q2 Results: ₹7,288Cr Stake Sale Masks Core Profit Drop

State Bank of India reported a 14.28% rise in Q2 net profit to ₹23,038 crore. However, a massive ₹7,288 crore stake sale in SBI Funds Management masked a slight drop in core operating profits, even as asset quality hit a two-decade high

Piramal Finance appoints former SBI chairman Dinesh Kumar Khara as an independent director for a five-year term, subject to shareholder approval.

Why Ex-SBI Director Dinesh Khara Joined Piramal Finance?

Former State Bank of India Chairman Dinesh Kumar Khara joins Piramal Finance as an Independent Director for a five-year term, bringing unparalleled asset quality oversight and digital banking expertise to the expanding ₹1.10 lakh crore NBFC

LIC RBI approval to acquire up to 9.99 percent stake in ICICI Bank

RBI Approves LIC ICICI Bank Stake Hike Up to 9.99% Limit

The Reserve Bank of India has officially allowed the Life Insurance Corporation of India to increase its ownership in ICICI Bank to a maximum of 9.99 percent. This strategic move heavily strengthens ties between the Indian financial sectors.

SBI Q4 FY26 results net profit rises to ₹19,684 crore

SBI Q4 FY26 Results: Net Profit Rises 5.6% to ₹19,684 Cr

State Bank of India reported a steady performance in Q4 FY26, with net profit rising 5.6% year-on-year to ₹19,684 crore. For the full year, SBI’s profit crossed the ₹80,000 crore mark for the first time, while the bank also declared a dividend.

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