SBI Eyes Top 10 Global Bank Spot by Market Cap in 5 Years

The State Bank of India is setting an ambitious goal to enter the global top 10 banks by market capitalisation within the next 5 years, according to a Moneycontrol report. Chairman CS Setty highlighted this vision during the QIP listing event, indicating that the bank’s strong performance and robust investor interest are clear stepping stones toward the goal.

SBI's QIP Sets New Record and Fuels Future Vision

SBI raised ₹25,000 crore through a Qualified Institutional Placement, making it the largest-ever equity issue in India. Demand was nearly 4 times the issue size, reflecting overwhelming investor confidence. 

Notably, foreign investors made up 64.3% of the total demand, with 24% of the issue allocated to long-term international investors. This capital boost is expected to strengthen SBI’s Common Equity Tier-1 capital ratio from 10.81% to approximately 11.50% as of March 2025.

Strengthening Core Capital for Strategic Growth

The infusion will reinforce SBI’s capital adequacy and support calibrated credit expansion across retail, MSME, and corporate sectors. The bank’s consistent investor engagement over recent quarters laid the foundation for the strong QIP response. Moreover, marquee institutional investors received 88% of the final allocation, showcasing confidence in SBI’s financial trajectory and market position.

Global Confidence in India's Financial Sector

SBI's aspirations align with the broader momentum India is gathering on the global financial stage. The impressive oversubscription of the QIP underscores growing foreign confidence in Indian banks. According to the bank, maintaining operational resilience, enhancing productivity through technology, and delivering consistent performance remain critical elements of this growth roadmap.

Read More: SBI QIP Oversubscribed 4.5 Times, Raises ₹25,000 Crore from Domestic and Global Investors!

Looking Ahead With Long-Term Commitments

While refraining from short-term growth guidance due to the regulatory silent period, the bank indicated that internal capital generation, combined with periodic external funding, will drive better capitalisation over the next 12 to 18 months. Improved capital metrics are expected to align SBI with comparably rated global peers, strengthening its international standing.

State Bank of India Share Price Performance

On July 24, 2025, State Bank of India share price opened at ₹820.00 on NSE, below the previous close of ₹820.65. During the day, it surged to ₹821.95 and dipped to ₹819.20. The stock is trading at ₹819.20 as of 9:17 AM. The stock registered a marginal change of -0.18%.

Over the past week, it has declined by 0.50%, over the past month, it has moved up by 2.78%, and over the past 3 months, it has moved up by 2.74%.

Conclusion

SBI’s record-breaking QIP and rising investor confidence mark key milestones in the bank’s 5-year plan to become one of the world’s top 10 banks by market cap. Focused strategies across capital strength, productivity, and customer service remain at the core of this bold vision.

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