State Bank of India Stock Update: Shares Dip on Data Leak News
State Bank of India (SBIN) share price is ₹971.65, down 0.21% today, as news of a data leak affecting customer records emerges, though the bank states no material impact.
State Bank of India (SBIN) shares are trading marginally lower in Wednesday's intraday session, reacting to news of a suspected data leak. The stock currently stands at ₹971.65, a slight dip from its previous close of ₹973.70. Opening the session at ₹981.90, SBIN initially saw an intraday high of ₹983.05 before retreating to a low of ₹969.40. This places the scrip down by -0.21% as of the latest update. Trading activity remains moderate, with 3,199,007 shares changing hands, suggesting that while the news has caused some cautiousness, it has not yet triggered a significant sell-off or buying surge.
| SBIN – Stock Updates as of (10:21AM, 21 Oct 2026) | |||
|
LTP
₹971.65 |
Open
₹981.90 |
High
₹983.05 |
Low
₹969.40 |
|
52W High
₹0.00 |
52W Low
₹0.00 |
Volume
3,199,007 |
% Chg
-0.21% |
52-Week Context
In the broader context of its annual performance, State Bank of India's current trading level of ₹971.65 is situated well within its 52-week range. The stock's 52-week high stands at ₹1,234.80, while its 52-week low is ₹882.60. Today's marginal decline does not appear to be testing any immediate critical support or resistance levels related to its yearly performance. The stock is holding above its 52-week low but remains some distance from its annual peak, indicating that current market sentiment is not pushing the stock to extreme ends of its trading spectrum.
Latest Developments
The primary catalyst driving SBIN's slight downward movement today appears to be reports emerging from the past 24 hours regarding a suspected data leak incident. State Bank of India has acknowledged a data leak involving customer records found on the dark web. While one report suggested over 375,000 customer records, other detailed accounts from sources like The Indian Express and Reuters specify the disclosure of 3,897 customer records containing personally identifiable information. The exposed data is said to include customer names, mobile numbers, dates of birth, email addresses, residential addresses, and loan records.
Significantly, the bank has promptly stated that a preliminary investigation suggests the alleged leak does not have any material impact on its core business operations, financial performance, or business continuity. The lender has also confirmed engaging an independent cybersecurity agency to conduct a thorough assessment and investigate the extent and nature of the data leak. This incident comes amidst an increased regulatory focus on strengthening cybersecurity frameworks within India's banking sector, as regulators have been pushing financial institutions to enhance their defences against rising threats. Despite the bank's assurance of no material impact, the news has introduced a degree of uncertainty among investors, leading to the minor dip observed in the share price.
Outlook
For the remainder of the session, investors will likely be closely monitoring any further official statements or clarifications from State Bank of India regarding the data leak incident. Broader market sentiment and the performance of the banking sector as a whole will also play a role in SBIN's intraday trajectory. Any significant updates on the cybersecurity assessment could influence the stock's direction.
Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.
(The above story first appeared on LatestLY on Oct 21, 2026 10:22 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
