$100 Billion Market Capitalization Club

State Bank of India (SBI) achieved a major achievement when its market capitalization exceeded $100 billion20,160 crore and net interest income increased by 3% to ₹42,985 crore. after delivering exceptional quarterly financial results. The bank achieved a 10% annual profit growth which reached ₹ The bank achieved a total business value of more than ₹100 trillion through its ₹44.20 lakh crore advances and ₹55.92 lakh crore deposits. The bank achieved a positive financial performance through its Yes Bank stake sale which generated ₹4,593 crore in profits. SBI has joined the list of India's most valuable companies through its market value which now ranks alongside Reliance Industries and HDFC Bank and Bharti Airtel and TCS and ICICI Bank. The stock performance of SBI has outpaced the Nifty50 index because it has achieved more than 20% annual growth. The majority of analysts support SBI stock purchases through their research indicates. The number of public sector banks (PSBs) has decreased from 26 to 12 according to Chairman CS Setty who explained how public sector bank consolidation brings benefits to the organization. The bank's entry into the $100 billion market capitalization club demonstrates its excellent financial condition and leading position in Indian banking operations.

What's Hot

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

A Joyous Union Celebrated by the Upadhyay Family

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: $100 Billion Market Capitalization Club

SBI Joins $100 Billion Market Capitalization Club After Stellar Quarterly Results

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

A Joyous Union Celebrated by the Upadhyay Family

Burning Truths: Drax Under Fire for Using 250-Year-Old Trees in Biomass Operations

Our Picks

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

A Joyous Union Celebrated by the Upadhyay Family

Most Popular

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

Top 10 World Best Business Opportunities In The World

Shaping The Future: Unmasking the energetic universe of innovative Startups

Subscribe to Updates

What's Hot

Browsing: $100 Billion Market Capitalization Club