Mumbai, Feb. 7 -- India's largest lender State Bank of India (SBI) on Saturday raised its FY26 loan growth guidance by 100 basis points to 13-15% on the back of trade deals and announcements in the recent Union Budget.

"I see many areas where SBI is well positioned to take advantage of the emerging scenario," C.S. Setty, chairman, SBI told reporters after announcing the bank's December quarter results.

Setty said trade deals will not just benefit corporates but a large number of small businesses as well.

On Saturday, India and the US agreed on an interim trade framework that advances their ongoing bilateral trade agreement (BTA) talks.

So far, India has signed trade deals with the UK and Oman, while a trade deal with the European Free...