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.
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