SBI weighs data leak impact, alerts cyber cover provider
State Bank of India is in focus.
· Economic Times Markets, ET Stocks
SBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, people familiar with the matter told ET. "SBI is in the process of notifying the insurer about the claim," said a person aware of the development.
The analysis
State Bank of India reported Rs 1,425. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.0% on the day at ₹961.85, and has returned -6.2% over three months. It sits 22% below its 52-week high. The banks sector has moved -6.0% over the same period, so State Bank of India is running 0.2 points behind its peers.
For State Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- In focus: State Bank of India (SBI) (SBIN), in Banks.
- Over three months: State Bank of India (SBI) -6.2% against Banks -6.0% (0.2 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹961.85 | -1.0% | +0.2% | -6.2% | -21.7% | 0.9× | — |
Banks
1M -3.4% · 3M -6.0%
State Bank of India (SBI)
Insurance
1M -5.4% · 3M -13.4%
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself
Breakout stocks: Adani Ports, Nykaa, Saregama on radar; analyst tells why
Sensex, Nifty may gain 5-8% if external headwinds recede: Baldev Prakash
SBI Mutual Fund's AUM rises 10% to ₹13.1 trn; H1 operating profit up 11%
Diwali stocks 2026: Tata Steel, MCX, IHCL and 8 more to add sparkle to shares portfolio in Samvat 2083 | Full list