SBI shares fall 3% in 3 days, LIC feels pinch
NewsBytes | March 13, 2026 7:40 PM CST
LIC's stake under pressure as SBI loses ₹30,000 crore
LIC, SBI's top institutional investor with a 9.23% stake, feels the pinch as recent gains from the March 2025-February 2026 rally have been partly trimmed.
Just months ago, SBI was riding high as India's second-most valuable bank; now those wins are fading fast.
Rising bond yields and inflationary pressures driven by global tensions (higher oil prices) and elevated government borrowing have put pressure on banks like SBI.
Delays in RBI rate cuts aren't helping either, making it a rough week for investors.
READ NEXT
-
Jeep Wranglar Par Recall Weak Steel Wheels Ke Kaaran
-
Students show votes, not people, can be stolen: Uddhav
-
Salman Khan’s reaction to Raghav Juyal’s Bhai Tera Star Hai
-
Rahul Gandhi Writes To Amit Shah, Demands Accountability For 'Barbaric' Assault On Students
-
Delhi's ₹7,000-crore mega tunnel project to cut airport travel time between Gurugram and South Delhi
