BSE:500112 13 December 2025 - 17 December 2025

State Bank of India shares rose up to 1.7% intraday on December 17, 2025, trading near ₹978 and supporting India’s benchmark indices as PSU banks outperformed a flat market. The Nifty PSU Bank index gained about 1% while the Nifty 50 slipped. SBI’s move followed leadership developments, including the government’s reappointment of Ashwini Kumar Tewari as Managing Director.

State Bank of India will cut key lending and deposit rates from December 15, 2025, following the Reserve Bank of India’s policy easing. The bank’s External Benchmark Linked Rate drops to 7.90% and its one-year MCLR to 8.70%. Deposit rates, including the “Amrit Vrishti” scheme, will also fall. Markets are watching for impacts on loan growth and profit margins.