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India’s Banking Giant SBI Reaches $100 Billion

India’s Banking Giant SBI Reaches $100 Billion:

The State Bank of India (SBI) has achieved a historic dual milestone by crossing $100 billion in market capitalisation and ₹100 trillion in total business. This makes SBI not only the first Indian bank to achieve this scale but also a clear symbol of India’s emerging financial strength and the robustness of its public sector banking system. This remarkable achievement coincides with its strong Q2 FY26 performance, positioning SBI as a global contender in the banking space.With a significant rise in its share price after a solid quarterly earnings report, SBI entered the elite $100 billion market-cap club, joining top global banks and Indian companies such as Reliance Industries and TCS. This market cap surge reflects growing investor confidence and SBI’s expanding presence in the retail, SME, and corporate lending segments.