State Bank of India

SBI Q3 FY26 Results: Record Profit & Strong Growth 📈

- Net profit reached ₹21,028 crore, a 24.49% YoY increase.

- Operating profit grew 39.54% YoY to ₹32,862 crore.

- Net interest income rose 9% to ₹45,190 crore.

- Domestic net interest margin (NIM) was 3.12% for Q3 FY26, with guidance to maintain around 3%.

- Total business crossed ₹103 trillion, with credit growth at 15.14% YoY and deposit growth at 9.02% YoY.

- Asset quality improved: gross NPAs at 1.57% (down 50 bps YoY), net NPAs at 0.39% (down 14 bps YoY).

- CASA ratio remained healthy at 39.13%.

- Capital adequacy ratio improved by 101 bps YoY to 14.04%.

- Digital platform YONO reached 9.65 crore registered users.

- Special dividend of ₹2,200 crore received from SBI Mutual Fund.