SBI's personal banking advances cross ₹5 lakh-cr mark; stock nears 1-year high

Largest lender in India, SBI has touched a new milestone in personal banking

Advances by crossing the ₹5 trillion mark by end of November 2022.

This would be a significant achievement considering the bank completed this last ₹1 trillion growth in just 12 months.

Also, the trajectory indicated the bank's progression at an accelerated pace.

On Monday, SBI shares were moving closer to their 52-week high. Broadly, the shares were on a bull run.

The first time SBI struck a ₹1 trillion mark in personal banking advances was in January 2015.

The bank has continued to grow steadily hereon.