PSU banking stocks have shown strong performance in 2026, bolstered by positive earnings and credit growth. The Nifty PSU Bank index achieved 9,294, with SBI shares reaching new highs. Analysts expect core growth to balance treasury volatility amid elevated bond yields.
2 min read12 Feb 2026State Bank of India's shares have surged to record highs, gaining nearly 1% to ₹1,154, marking a 67% increase over the past year. SBI's market capitalisation has exceeded ₹10 lakh crore, making it the second-most valuable bank in India.
2 min read10 Feb 2026Profit after tax rose 24.5% year-on-year to ₹21,030 crore in Q3, but a meaningful chunk of this was from a special dividend of ₹2,200 crore from SBI Mutual Fund, and ₹770 crore of interest on income tax refunds.
2 min read9 Feb 2026On February 9, Sensex and Nifty 50 rose by 0.7% each, driven by positive signals from the India-US trade deal and strong performances in US and Asian markets. Key sectors like PSU banks and metals led the rally, indicating a bullish trend for Nifty 50 above 25,888.
2 min read9 Feb 2026IDFC First Bank's shares dropped 2.5% on February 1, after the release of its third quarter results for FY26.
2 min read1 Feb 2026Federal Bank share price surged 13% to ₹278.40 amid strong Q3 financial results, reporting a net profit of ₹1,041.21 crore, up 9% QoQ. The bank also improved asset quality with declining NPAs and expanded its stake in Ageas Federal Life Insurance Company.
2 min read16 Jan 2026Axis Bank share price rose 1.50% to ₹1,304.60 after its December-quarter update wherein it posted a 14.1% YoY rise in gross advances and a 15% increase in total deposits. Axis Bank share price has staged a sharp rebound from its August lows.
2 min read6 Jan 2026In its third-quarter business update, the Kerala-based lender reported a 20.76% year-on-year rise in total business to ₹31,933 crore as of December 31, 2025.
1 min read5 Jan 2026the Nifty Bank index increased for the fourth day on January 2, hitting a record high of 60,152. The surge was fueled by strong credit demand and positive quarterly updates from banks, with Yes Bank leading the rally.
3 min read2 Jan 2026In its report on trends and progress of banking in India, the RBI said that notwithstanding a moderation in bank credit in FY25, funding for the commercial sector grew due to an increase in flows from non-bank sources, led by the equity markets.
4 min read29 Dec 2025