State Bank of India Share Price

SBI Plans Major Workforce and Branch Expansion in FY27

State Bank of India (SBI) is planning a significant expansion in FY27, with Chairman C.S. Shetty outlining plans to increase both its workforce and physical branch network. Key Highlights • SBI plans to hire 11,000–12,000 new employees across clerical and officer cadres. • The bank plans to add 200–250 new branches across India on a net basis. • The expansion will strengthen SBI’s workforce capacity and physical distribution network. Why It Matters Despite the growing adoption of digital banking, SBI’s planned branch expansion indicates that physical banking infrastructure continues to remain important for its growth strategy. At the same time, hiring up to 12,000 employees should support the bank’s expanding operations and customer servicing requirements. Together, the initiatives highlight SBI’s strategy of combining digital capabilities with a large physical network and workforce to support future growth.

“Why Liquidity Matters Around Important Price Levels”

Liquidity plays an important role in how price behaves around major support and resistance areas. When many market participants are watching the same level, price can move quickly through that area as orders are triggered. This can sometimes create a sudden spike that looks like a breakout, even though the market may later return to the previous range. Traders should therefore observe what happens after liquidity is taken. If price quickly rejects the level and moves back in the opposite direction, the initial move may have been a temporary sweep rather than sustained continuation. If price holds beyond the level and continues to attract participation, the move may have greater potential to develop further. Understanding liquidity can help traders avoid reacting to every sudden price movement. Instead of focusing only on whether a level was crossed, study how price behaves after reaching that area. Learning: Price movement around liquidity zones should be evaluated through reaction, acceptance and follow-through.

PRE MARKET-->High crude , FIIs Selling & Nifty Below 24,000!

Indian markets enter the new week with a cautious setup. Crude oil continues to hover at elevated levels, FIIs remained sellers in the previous session, and global markets ended slightly lower. However, the options market is not showing extreme stress. The big question now is: Will Nifty hold 23,800 or start another leg lower? ##Crude Oil Remains the Biggest Risk Crude continues to trade at elevated levels amid ongoing geopolitical tensions. ##FII Selling Continues, But DIIs Provide Strong Support FII / DII Activity — 4 September 2026 Cash Market • FII: -₹3,111.94 Cr • DII: +₹8,930.12 Cr FII Derivatives • Index Futures: -₹122.86 Cr • Index Options: -₹9,903.29 Cr • Stock Futures: +₹935.92 Cr • Stock Options: +₹65.99 Cr @@PCR: Comfortable, But Not a Strong Bullish Signal Nifty PCR: 0.84 Bank Nifty PCR: 1.00 These levels suggest that options positioning is not showing an extreme bearish or excessively bullish setup ##LVLS Nifty: 23,800–24,500 Range in Focus Strong Support: 23,800 If Nifty holds 23,800, buyers could attempt a recovery towards higher levels. Major Resistance: 24,500 A decisive breakout above 24,500 would improve the broader short-term structure and could attract fresh buying.. ------>Bottom Line Crude is high. FIIs are selling. But DIIs are absorbing the pressure. The latest data shows ₹3,111.94 crore of FII selling against a massive ₹8,930.12 crore of DII buying. ##FOCUS STOCKS

SBI to Hire 12,000 Staff, Add 250 Branches in FY27

SBI Plans 12,000 Hires, 250 New Branches

Financial Inclusion Milestone: PMJDY Touches 12-Year Mark

The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched on August 28, 2014, has completed 12 years as the world’s largest financial inclusion program, fundamentally expanding formal banking access across India. As of August 19, 2026, the initiative has reached 59.09 crore PMJDY accounts with cumulative deposits totaling ₹3.17 lakh crore ($33.37 billion). The scheme emphasizes demographic and geographic reach, with women accounting for 55.7% (32.92 crore) of all account holders and rural or semi-urban areas representing 77.8% (45.95 crore) of total accounts. Beyond basic savings accounts, the platform has accelerated digital payments and financial protection through the issuance of 41.29 crore RuPay cards, complemented by ₹2 lakh in accident insurance coverage, a ₹10,000 overdraft facility, and integration with the Jan Suraksha insurance schemes. Central to this transformation is the Jan-Dhan–Aadhaar–Mobile (JAM) Trinity, which uses PMJDY as its baseline infrastructure to enable direct, transparent, and leakage-proof welfare benefit transfers directly to beneficiaries. Over the 12-year period (August 2015 to August 2026), total deposits grew nearly 12.8-fold while total accounts expanded 2.3-fold, driving a 3.4-fold increase in average deposits per account to ₹5,356. By bridging access to formal credit mechanisms, micro-pensions, and enterprise credit options like MUDRA loans, the scheme continues to strengthen savings habits, financial resilience, and economic empowerment among historically underserved populations.