SBI Share Price Hits 52-Week High; Up 1.4% on Jan 16, 2026

State Bank of India (SBI) has recorded notable developments in recent weeks, both in governance and financial performance. The government has extended the tenure of SBI’s managing director, Ashwini Kumar Tewari, until 31 December 2027. 

Concurrently, the bank reported its second-quarter results for the current financial year, reflecting steady increases in net profit, advances, and interest income.

SBI share price traded 1.33% higher at ₹1,042.15 at 12:55 PM on the NSE. The stock hit 52-week high of ₹1,047.45 during early trade.

SBI Q2 FY26 Earnings Overview

In the second quarter, SBI reported a net profit of ₹20,160 crore, representing a 10% rise compared with ₹18,331 crore in the same quarter last year. 

The increase indicates consistent performance in its core operations.

SBI Q2 Net Interest Income and Margin

The bank’s Net Interest Income (NII), which measures the difference between interest earned on loans and interest paid on deposits, rose 3% year-on-year to ₹42,984 crore from ₹41,620 crore in the previous period.

The Net Interest Margin (NIM) for the first half of the year was recorded at 2.93% for the entire bank, while domestic operations reported a slightly higher margin of 3.05%.

SBI Q2 Advances Growth

SBI’s total advances grew by 12.73% year-on-year, largely driven by domestic lending, which rose 12.32%. International operations also contributed, with advances from foreign offices increasing by 15.04%, indicating balanced growth across regions.

Governance Update

In November, SBI notified the exchanges that the government had extended Ashwini Kumar Tewari’s tenure as managing director to 31 December 2027. 

This decision ensures continuity in leadership amid ongoing strategic and operational initiatives.

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Conclusion

SBI’s recent financial results, combined with leadership stability, suggest a steady performance trajectory. The growth in net profit, interest income, and advances reflects ongoing operational momentum across both domestic and international segments.

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