Mumbai, Sept 28: A well-developed financial system is essential for India’s Viksit Bharat vision by 2047, according to SBI Chairman CS Setty.
Addressing capital market leaders, he emphasized the need to deepen capital markets, foster innovation, and nurture financial talent while affirming SBI’s commitment to co-create India’s capital markets.
SBI reported a 12.5% increase in Q1 FY26 net profit to Rs 19,160 crore, with a 15.49% year-on-year rise in operating profit.
The Bombay Stock Exchange’s total listed companies’ value reached Rs 465 lakh crore, nearing the all-time high, supported by the anticipated easing from the Reserve Bank of India and strong performances from state-owned firms and various indices.
