SBI Chairman Challa Sreenivasulu Setty has hailed Union Budget 2026, calling it a blend of policy continuity and futuristic reforms. He said the budget boosts infrastructure, banking, agriculture, AI adoption and sunrise sectors while keeping fiscal discipline intact

A report by SBI highlighted that bank deposits as a share of household financial savings have declined from 38.7 per cent in FY24 to 35.2 per cent in FY25. To encourage savings through the banking system, SBI suggested tax relief measures for depositors