2 days ago
HomeMarket NewsSBI Q1 Results Highlights: Bank retains FY26 loan growth guidance at 12%, deposit at 10%
By CNBCTV18.COM | Aug 8, 2025 3:25 PM IST (Updated)
SBI Q1 Results Highlights: State Bank of India posted a stable set of Q1 results, with YoY profit up 13%, beating estimates. Margin came under pressure and slippages rose sharply QoQ. CS Setty said the bank remains focused on sustaining profitability amid macro uncertainty. Loan growth guidance remains at 12% for FY26. Follow this blog for key takeaways from SBI's Q1.
SBI Q1 Results Highlights: India’s largest lender, State Bank of India, reported a 13% year-on-year rise in net profit at ₹19,160 crore for the June quarter, beating analyst estimates. However, net interest income remained flat at ₹41,072 crore.
Margin pressures persisted, with domestic NIM slipping to 3.02% from 3.15% in the previous quarter, while fresh slippages rose sharply to ₹7,945 crore from ₹4,222 crore in Q4.
SBI maintained its FY26 guidance of 12% loan growth and 10% deposit growth. Chairman CS Setty said SME, retail, and personal banking segments delivered double-digit gains, and the ₹25,000 crore fund raise will support ₹2.5 lakh crore in loan growth.
Asset quality remained largely stable, with gross NPAs at 1.83% and net NPAs flat at 0.47%.
Operating profit rose to ₹30,545 crore, while other income jumped significantly YoY. SBI also noted a shift in corporate borrowing behaviour, with increased repayments and pricing-led prepayments.
Follow this blog for all key takeaways and SBI earnings highlights
