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Wednesday, February 11, 2026

Over Rs 72,000 crore in unclaimed bank deposits transferred to RBI fund: Government

Over Rs 72,000 crore in unclaimed bank deposits, untouched for a decade, have been transferred to the RBI's Depositor Education and Awareness Fund. Public sector banks hold the largest portion. The government has launched UDGAM to help people trace their money and introduced measures to prevent further accumulation, aiming to boost financial literacy.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3FMIPvY
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Monday, February 9, 2026

SBI shares soar! State Bank of India stock jumps nearly 7% today — Should you buy or sell?

State Bank of India's stock hit a record high following its strongest-ever quarterly profit, driven by robust loan growth and steady margins. The bank reported a significant jump in net profit, exceeding expectations. Analysts remain bullish, citing consistent performance, asset quality, and positive future outlook, with several brokerages reiterating 'Buy' ratings and raising price targets.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IgNnF62
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Stocks to buy: What's the outlook for Nifty for February 9-13 week? Check list of top stock recommendations

Stock market recommendations: According to Sudeep Shah, Head - Technical Research and Derivatives, SBI Securities, the top stock picks for the week are Bajaj Finance, and Larsen & Toubro. Here’s his view on Nifty, Bank Nifty for the week starting February 9, 2026:

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/gAuX7fO
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As sentiment improves, SBI raises credit growth target

State Bank of India has boosted its credit growth forecast to 13-15% for the fiscal year, citing strong momentum and broad-based growth across retail, agriculture, SME, and corporate segments. The bank reported a record quarterly profit of Rs 21,028 crore, driven by diverse income streams and efficient cost management.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YG6ydgr
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Sunday, February 8, 2026

PSU banks profit may cross Rs 2 lakh crore in FY26; DFS secretary M Nagaraju hints strong credit growth



from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5PbSC6x
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