The State Bank of India (SBI) has achieved a historic dual milestone by crossing $100 billion in market capitalisation and ₹100 trillion in total business. This makes SBI not only the first Indian bank to achieve this scale but also a clear symbol of India’s emerging financial strength and the robustness of its public sector banking system. This remarkable achievement coincides with its strong Q2 FY26 performance, positioning SBI as a global contender in the banking space.
With a significant rise in its share price after a solid quarterly earnings report, SBI entered the elite $100 billion market-cap club, joining top global banks and Indian companies such as Reliance Industries and TCS. This market cap surge reflects growing investor confidence and SBI’s expanding presence in the retail, SME, and corporate lending segments.
Alongside the market cap feat, SBI’s total business—a combination of advances and deposits—has surpassed ₹100 trillion (₹100 lakh crore), a first in Indian banking history,
This massive scale underscores SBI’s unparalleled reach and its role as the backbone of India’s financial system.
SBI witnessed 12.7% year-on-year credit growth, primarily driven by retail, SME, and agricultural loans. The surge in festive season demand and digital lending initiatives contributed significantly to loan disbursals.
With better returns on equity, stable outlook, and improving margins, investor interest in SBI surged, leading to sustained gains in the stock market and higher valuation.
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