Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts maintain a positive outlook. The bank's performance in loans, net interest margin, and asset quality is favorable. SBI's share price is near its 52-week high. The stock shows a strong bullish trend.
A legislative defeat of a bill requiring insurance companies to justify homeowners' insurance rate hikes marked a rare setback for Illinois Gov. JB Pritzker.
