BankingAfter close
SBI achieves $100 billion market capitalization milestone
after close1 source ↓written by the desknot a recommendation
- ~US $100 billion
- ₹8.84 lakh crore
- year-on-year
- 10%
- year-on-year
- 3%
State Bank of India (SBI) has crossed the ₹8.84 lakh crore (~US $100 billion) market cap, joining an elite group of Indian companies. For Q2 FY26, SBI reported a net profit of ₹20,160 crore, up 10% year-on-year, and net interest income of ₹42,985 crore, up 3% year-on-year, surpassing estimates.
This milestone enhances investor confidence and underscores SBI's scale, positioning it alongside major players like Reliance Industries and HDFC Bank. 📈
Not investment advice. For informational purposes only.