State Bank of India shares closed at approximately ₹950-951 on December 3, 2025

down around 1.7% ahead of RBI’s announcement. The stock has risen about 25% in 2025, outperforming private peers, though recently facing some weekly volatility. Leadership changes announced with retirement of MD Vinay M Tonse and two Deputy MDs marking a key transition affecting retail banking, digital projects, and governance.