A report by State Bank of India indicates that the adoption of electric vehicles (EVs) in India is expected to replace 35 lakh petrol vehicles by 2030, potentially saving Rs 1 lakh crore in crude oil imports if EVs capture 20% of the market. The report highlights a significant increase in EV registrations and emphasizes the need for expanded charging infrastructure to support this transition.

State Bank of India has signed an agreement with Mitsubishi UFJ Financial Group Inc. to jointly pursue mergers and acquisitions, and is expected to join a consortium of global lenders backing Sun Pharmaceutical Industries Ltd.'s proposed 12 billion overseas acquisition.

State Bank of India has unveiled a suite of AI-powered digital innovations on its YONO platform, enhancing customer journeys for both retail and corporate clients, including new features for account opening and sustainability tracking.

SBI Medium Duration Fund has the largest corpus among the top five funds in the medium-duration mutual fund category, with assets under management of Rs 6,395.2 crore.

Anand Tandon maintains a clear preference for State Bank of India among PSU lenders, indicating it stands out positively in the sector.

State Bank of India reported an 11.0% growth in global deposits for FY26, aligning with the average growth of public sector banks, but its current account growth of 4.5% remains significantly below the 13.1% average of private sector banks.

State Bank of India is considering bringing overseas funds into Indian operations now that the Reserve Bank of India is partially covering hedging costs, which could enhance its lending capabilities.

State Bank of India challenged the National Company Law Tribunal's ruling that favored Jet Airways employees regarding the priority payment of provident fund and gratuity dues, but the NCLAT upheld the previous decision, resulting in a setback for SBI.

State Bank of India is recognized as a significant player in the private banking sector, with a focus on earnings quality and valuation comfort, benefiting from improved system liquidity.

State Bank of India is currently trading at a price-to-earnings ratio of 11.5 times, above its long-term average of 9.86 times, indicating a potential valuation concern amidst the positive outlook from the RBI's FCNRB scheme.

Aditya Shah remains positive on State Bank of India, considering it a growth pick in the banking sector for FY27.

State Bank of India's CFO Kameshwar Rao Kodavanti will complete his three-year term on June 30, with a successor yet to be named.

State Bank of India has raised $300 million by issuing three-year senior unsecured floating-rate notes through its London branch, following the Reserve Bank of India's measures to make external commercial borrowings more attractive. The bank's board has also approved raising up to 2 billion through overseas bond issuances in FY27 as part of its strategy to diversify funding sources and strengthen its capital base.

State Bank of India expects to benefit from the Reserve Bank of India's measures to reduce funding costs, allowing for cheaper refinancing of existing liabilities and improving net interest margins, according to MD CEO Brajesh Kumar Singh.

State Bank of India added Rs 9,322.93 crore to its valuation, bringing it to Rs 9,64,738 crore.

State Bank of India has reached an amicable resolution with the Telangana government regarding a land dispute over a five-acre parcel in Raidurg, agreeing to alternative land proposals after prior court actions and threats from the state. The bank will proceed with necessary actions following board approval to conclude the matter swiftly.

State Bank of India has paused its dollar bond plans as investors demand higher yields amid rising supply expectations from India, leading to a reconsideration of timing for future issuances.