SBI surpasses ONGC to become Indiaâs most valuable PSU firm
State-run lender State Bank of India (SBI) on Tuesday surpassed energy firm ONGC to become the countryâs most valuable public sector unit (PSU), in terms of market valuation. The market cap of SBI stood at â¹2.35 lakh crore, against ONGCâs â¹2.32 lakh crore. Among the top 10 most valued Indian companies, SBI is at the fifth position.