SBI, other PSU banks rise amid latest merger buzz: What you need to know

SBI, other PSU banks rise amid latest merger buzz: What you need to know

17 Nov 2025 | Category: Business

SBI share price: State Bank of India-led public sector banks posted a record cumulative profit of ₹49,456 crore in the second quarter of the current fiscal year (Q2 FY26), reflecting a 9% year-on-year (YoY) growth despite two lenders reporting a decline.

The Nifty PSU Bank index was trading 1.53% higher at 8,528.60 levels. All 12 constituents were trading in the green.
A Bloomberg News report on November 14 said that SBI Chairman Challa Sreenivasulu Setty has said that “Some further rationalisation m...

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Source: Upstox | 17 Nov 2025

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