The logo of State Bank of India (SBI) is seen on the facade of its headquarters in Mumbai.
| Photo Credit: Reuters
The country’s largest lender State Bank of India (SBI) for the first quarter ended June 30, 2025 reported 12.48% Year on Year (YoY) growth at ₹19,160 crore due to operational efficiency and treasure gains.
The bank’s Net Interest Income (NII) for the quarter at ₹41,072 crore decreased by 0.13% YoY. The domestic Net Interest Margin (NIM) for the quarter fell 33 bps and stood at 3.02% as compared with 3.35%. During the quarter the bank’s loan loss provisions increased 9.21% to ₹4,934 crore.
“The results for Q1 FY206 highlight robustness, continued excellence and significant long term strength,” said C.S. Setty, Chairman, SBI.
“The bank remains well capitalized and our capital adequacy ratio has improved and based on the current profitability and growth trajectory of the bank, we believe we have sufficient headroom to take care requirement of business growth.
“The bank has raised equity capital of ₹25,000 core during the current quarter, which will support additional loan growth of approximately ₹2.5 trillion,” he added.
The bank’s advances at ₹42.5 lakh crore grew 11.61% Y-o-Y with domestic advances growing by 11.06% YoY. While SME advances grew by 19.10% Y-o-Y, Agri advances grew by 12.67% Y-o-Y and Retail personal advances and Corporate advances registered Y-o-Y growth of 12.56% and 5.70% respectively. The bank’s deposits grew by 11.66% Y-o-Y.
The GNPA reduced 7.34% Y-o-Y to ₹78,040 crore. NNPA also reduced 7.64% to ₹19,908 crore.
Gross NPA ratio at 1.83% improved by 38 bps Y-o-Y and Net NPA ratio at 0.47% improved by 10 bps Y-o-Y.
Provision Coverage Ratio (PCR) stood at 74.49% Slippage Ratio for the quarter improved by 9 bps YoY and stood at 0.75%.Credit Cost for the quarter stood at 0.47%.
The Capital Adequacy Ratio (CAR) as at the end of the quarter stood at 14.63%.
Published – August 08, 2025 02:42 pm IST
