SBI becomes 6th Indian firm to cross ₹10 lakh crore market cap

SBI on Monday became the sixth Indian firm to cross ₹10 lakh crore in market capitalisation as its shares surged by 7% to a 52-week high of ₹1,143. It also surpassed ICICI Bank to become the second-most valuable Indian bank by market cap. This comes after SBI reported Q3 profit of ₹21,028 crore, its highest-ever quarterly net profit.