State Bank of India raises rates: what it means for State Bank of India stock - ad-hoc-news.de

State Bank of India (ISIN INE062A01020) reported fiscal 2027 first-quarter net profit of INR 241.13 billion, up 13.70 percent year over year, according to ALFA Finder on August 7, 2026. The bank then raised selected benchmark-linked lending rates effective October 15, 2026, a move that increases borrowing costs for customers, The Economic Times reported. On August 7, 2026, SBI reported fiscal 2027 first-quarter net profit of INR 241.13 billion and revenue from operations of INR 1.36 trillion, according to ALFA Finder . On September 1, 2026, the bank announced a call option on Additional Tier 1 bonds totaling INR 60.0 billion, also reported by ALFA Finder .