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The CBI searched 17 locations tied to Reliance ADA Group as part of seven fraud cases filed on complaints from Public Sector Banks and LIC. The alleged frauds involve thousands of crores of rupees, and the searches mark an escalation from inquiry to active enforcement.
State Bank of India reported a 6% year-on-year rise in Q4 standalone net profit to Rs 19,684 crore, beating analyst estimates, and declared a dividend of Rs 17.35 per share. The result came despite a fall in operating profit, with improved asset quality cushioning the headline numbers.
State Bank of India reported a 13% rise in full-year FY26 net profit to ₹80,032 crore, with Q4 profit up 6% to ₹19,684 crore. The bank declared a dividend of ₹17.35 per share, rewarding shareholders including the majority government stakeholder.
State Bank of India shares dropped 7% after Q4 results showed operating profit falling 16% year-on-year and net interest margins contracting 21 basis points. The margin squeeze signals rising funding costs are outpacing loan yields, raising concerns about near-term profitability across public-sector banks.
State Bank of India posted a net profit of ₹19,684 crore in Q4 FY2026, up 6% year-on-year. As India's largest public sector bank, the result sets the tone for sector sentiment and state-owned bank valuations heading into FY27.
State Bank of India reports Q4 results today, with analysts expecting muted profit growth due to treasury losses even as loan growth and margins stay stable. The bank's board will separately consider a fundraising plan of up to $2 billion on May 12.
Bank of Maharashtra reported a 35% rise in Q4 net profit, putting its shares in focus today. Groww also posted higher revenue, while Nelco, PNB Gilts, SML Isuzu, Ugro Capital, and Indosolar are among other companies reporting results.
India's government is revisiting its IDBI Bank stake sale after weak investor interest and market volatility slowed progress. A core group of secretaries is reviewing valuations and timelines, with Finance Minister Nirmala Sitharaman confirming the sale will proceed. A revised deal structure or timeline is expected to
Bank of Maharashtra reported Q4FY26 net profit of Rs 2,014 crore, up 35% year-on-year, with net interest income growing 20% and asset quality improving. Full-year FY26 profit rose 27%, supported by strong deposit and advance growth. The bank declared a 22% total dividend for the year.
Tag
The CBI searched 17 locations tied to Reliance ADA Group as part of seven fraud cases filed on complaints from Public Sector Banks and LIC. The alleged frauds involve thousands of crores of rupees, and the searches mark an escalation from inquiry to active enforcement.
1mo ago · 2 min · Big Stories
State Bank of India reported a 6% year-on-year rise in Q4 standalone net profit to Rs 19,684 crore, beating analyst estimates, and declared a dividend of Rs 17.35 per share. The result came despite a fall in operating profit, with improved asset quality cushioning the headline numbers.
1mo ago · 2 min · Markets
State Bank of India reported a 13% rise in full-year FY26 net profit to ₹80,032 crore, with Q4 profit up 6% to ₹19,684 crore. The bank declared a dividend of ₹17.35 per share, rewarding shareholders including the majority government stakeholder.
1mo ago · 2 min · Markets
State Bank of India shares dropped 7% after Q4 results showed operating profit falling 16% year-on-year and net interest margins contracting 21 basis points. The margin squeeze signals rising funding costs are outpacing loan yields, raising concerns about near-term profitability across public-sector banks.
1mo ago · 2 min · Markets
State Bank of India posted a net profit of ₹19,684 crore in Q4 FY2026, up 6% year-on-year. As India's largest public sector bank, the result sets the tone for sector sentiment and state-owned bank valuations heading into FY27.
1mo ago · 2 min · Markets
State Bank of India reports Q4 results today, with analysts expecting muted profit growth due to treasury losses even as loan growth and margins stay stable. The bank's board will separately consider a fundraising plan of up to $2 billion on May 12.
1mo ago · 2 min · Markets
Bank of Maharashtra reported a 35% rise in Q4 net profit, putting its shares in focus today. Groww also posted higher revenue, while Nelco, PNB Gilts, SML Isuzu, Ugro Capital, and Indosolar are among other companies reporting results.
1mo ago · 2 min · Markets
India's government is revisiting its IDBI Bank stake sale after weak investor interest and market volatility slowed progress. A core group of secretaries is reviewing valuations and timelines, with Finance Minister Nirmala Sitharaman confirming the sale will proceed. A revised deal structure or timeline is expected to
2mo ago · 1 min · Markets
Bank of Maharashtra reported Q4FY26 net profit of Rs 2,014 crore, up 35% year-on-year, with net interest income growing 20% and asset quality improving. Full-year FY26 profit rose 27%, supported by strong deposit and advance growth. The bank declared a 22% total dividend for the year.
2mo ago · 1 min · Business
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