---
title: "India's SBI drops as brokerages flag margin pressure after quarterly miss"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285886036.md"
description: "Shares of State Bank of India (SBI) fell 4% on May 11, reaching 977.7 rupees, the lowest in six weeks. Brokerages expressed caution regarding SBI's earnings outlook following disappointing March-quarter results, which revealed pressure on core earnings and margins. This decline made SBI the largest contributor to the 1.8% drop in the Nifty PSU Bank index."
datetime: "2026-05-11T05:37:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285886036.md)
  - [en](https://longbridge.com/en/news/285886036.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285886036.md)
---

# India's SBI drops as brokerages flag margin pressure after quarterly miss

May 11 (Reuters) - Shares of State Bank of India fell 4% on Monday as brokerages turned cautious on the lender's earnings outlook after its March-quarter results last week highlighted pressure on core earnings and margins. The stock dropped to 977.7 rupees, its lowest in six weeks, and was the biggest drag in the Nifty PSU Bank index, which was down 1.8%. Analysts said the lender's

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