SBI share price jumps 5.5% to hit record high as PSU bank reports highest-ever quarterly profit in Q3: Should you buy?

State Bank of India reported a record standalone quarterly profit of ₹21,028 crore for Q3 FY26, a 24.5% increase year-on-year. The growth was driven by strong core income, improved asset quality, and a special dividend from its asset management arm as it prepares for an IPO.

SBI share price jumps 5.5% to hit record high as PSU bank reports highest-ever quarterly profit in Q3: Should you buy?
State Bank of India reported a record standalone quarterly profit of ₹21,028 crore for Q3 FY26, a 24.5% increase year-on-year. The growth was driven by strong core income, improved asset quality, and a special dividend from its asset management arm as it prepares for an IPO.

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