The correct answer is State Bank of India. In News • The State Bank of India (SBI) has achieved a historic dual milestone by crossing $100 billion in market capitalisation and ₹100 trillion in total business, making it the first Indian bank ever to reach this scale. Explanation & Key Takeaways: • SBI’s market capitalisation crossed $100 billion following a strong rise in share price after impressive Q2 FY26 earnings. • The bank’s total business, combining advances and deposits, has exceeded ₹100 trillion (₹100 lakh crore)—a first in Indian banking history. • Total advances stand at approximately ₹44.2 lakh crore, while deposits total around ₹55.9 lakh crore. • This milestone reflects SBI’s strong growth in retail, SME, and corporate lending and its pivotal role in India’s economic expansion. Related Concepts: • Key Growth Drivers • Credit Growth: 12.7% year-on-year, led by retail, SME, and agricultural lending. • Digital Expansion: Digital lending initiatives and festive demand boosted performance. • Financial Performance: 10% rise in net profit during Q2 FY26 and improved asset quality. • Investor Confidence: Improved margins, stable outlook, and cost-efficiency attracted more investors. • SBI’s Market Standing • Now part of the global $100 billion market-cap club alongside Reliance Industries and TCS. • Recognised as India’s largest and most systemically important public sector bank. • Static Facts • Founded: July 1, 1955 (originated from the Imperial Bank of India) • Headquarters: Mumbai, Maharashtra • Chairman: Challa Sreenivasulu Setty • Total Branches: Over 22,000 across India • Status: Classified as a Domestic Systemically Important Bank (D-SIB) • Global Significance • This dual milestone strengthens India’s position in the global banking ecosystem. • Highlights the resilience and scalability of India’s public sector banking model. • Marks SBI’s evolution into a global contender in retail and digital banking innovation.