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SBI shares up 25% in 2025: Analysts see strong credit cycle ahead; will the stock continue to rally next year?

State Bank of India is experiencing a strong year, with shares up nearly 25% in 2025, outperforming private peers. This growth is fueled by a favorable earnings outlook, improving asset quality, and steady credit growth expectations. Analysts remain bullish, citing SBI's scale, solid fundamentals, and potential for further upside.