#State Bank Of India

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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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