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SBI block deal: BNP Paribas buys 5.28 lakh shares in a Rs 64 crore transaction

French multinational financial institution BNP Paribas on Friday purchased 5.28 lakh shares price Rs 64 crore in State Bank of India (SBI) by way of a block deal. The vendor within the deal was Societe Generale.

The shares have been purchased by way of its funding arm BNP Paribas Financial Markets at a worth of Rs 1,204 apiece versus the Thursday closing worth of Rs 1,209.50. Today, the SBI shares ended at Rs 1,201.80, down 0.64% from the earlier closing worth.

SBI shares have rewarded traders with returns of almost 70% within the final 12 months, considerably outperforming 12% returns by Nifty and 9% by the BSE Sensex. Its shares are at present buying and selling above their 50-day and 200-day easy shifting averages (SMAs) of Rs 1,073 and Rs 911, respectively in accordance with Trendlyne.

SBI lately overtook IT bellwether Tata Consultancy Services (TCS) to change into India’s fourth-largest firm by market capitalisation, with its valuation crossing Rs 11 lakh crore. The solely firms forward of SBI are Reliance Industries, HDFC Bank and Bharti Airtel.

Also learn: Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore


SBI reported a 24% year-on-year (YoY) progress in its standalone web revenue at Rs 21,028 crore within the third quarter whereas its web curiosity revenue (NII) elevated 9% YoY to Rs 45,190 crore within the quarter below evaluation.
The revenue reported throughout the quarter was highest-ever for the financial institution, which got here on the again of wholesome mortgage progress.The lender’s web curiosity margin stood at 2.99% in Q3FY26, whereas home NIM got here in at 3.12%. For the 9 months ended December 2025, home NIM was 3.08%.

Asset high quality continued to enhance, with the gross NPA ratio declining to 1.57%, down 50 foundation factors YoY. Net NPA ratio improved to 0.39%, decrease by 14 foundation factors.

Provision protection ratio, together with AUCA, stood at 92.37%, whereas PCR excluding AUCA was 75.54%. Slippage ratio for the quarter remained contained at 0.40%, and credit score value stood at 0.29%.

Also learn: SBI’s 70% rally narrows valuation gap with HDFC Bank, ICICI — buy, hold or book profits?

(Disclaimer: The suggestions, ideas, views, and opinions given by the consultants are their very own. These don’t symbolize the views of The Economic Times.)

Suhas
Suhashttps://onlinemaharashtra.com/
Suhas Bhokare is a journalist covering News for https://onlinemaharashtra.com/
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