SBI Chairman CS Setty said India needs a strong financial system to achieve Viksit Bharat by 2047. He highlighted the need to deepen capital markets, foster innovation, and develop skilled financial talent. Setty added that SBI will actively support India’s financial growth alongside capital market participants.
Setty praised SBI’s fast responses and high-quality services, which capital market leaders widely appreciated. He said the bank will not only provide banking solutions but also help shape India’s financial future.
SBI reported a 12.5% rise in net profit to Rs 19,160 crore for Q1 FY26, compared to Rs 17,035 crore last year. Operating profit grew 15.5% to Rs 30,544 crore. Investor confidence improved as BSE-listed companies reached a combined value of Rs 465 lakh crore, near last year’s peak.
The Reserve Bank of India’s potential easing and softening inflation supported market optimism. Strong performances from PSU, auto, bank, metal, and oil & gas sectors further boosted markets. Experts predict corporate earnings may grow above 15% in FY27 due to GST reforms, improving foreign investor sentiment.
