SBI PAT Up 14% @ Rs230 Bn

Gross NPA Ratio at 1.39% improved by 34 bps YoY

C S Setty, Chairman, SBI

FinTech BizNews Service       

Mumbai, 03 November, 2026: State Bank of India, led by its Chairman C S Setty, today declared its Q2FY27 results:

Highlights

Business

• Business levels at Rs115 trillion.
• Deposits and Advances at Rs63 trillion and Rs52 trillion, respectively.

Profitability

• Net Profit for Q2FY27 stands at Rs23,038 crores witnessing a growth of 14.28% YoY. 
• Operating Profit for Q2FY27 grew by 7.28% YoY to Rs34,226 crores.
• Bank’s ROA and ROE for the half year stand at 1.14% and 18.68%, respectively.
• Net Interest Income (NII) for Q2FY27 increased by 14.69% YoY. 
• Whole Bank and Domestic NIM for the H1FY27 stand at 2.90% and 3.06%, respectively. 
• Whole Bank NIM and Domestic NIM stood at 2.94% and 3.11%, respectively, in Q2FY27, improving by 8 bps and 11 bps, respectively, over Q1FY27.

Balance Sheet

• Whole Bank Advances growth at 17.84% YoY with Domestic Advances growth at 16.94% YoY.
• Foreign Offices’ Advances grew by 22.86% YoY in Rupee terms and 13.84% in Dollar terms. 
• RAM Advances grew by 17.34% YoY, with double digit growth in all segments. Agri Advances grew by 22.64% YoY followed by SME Advances growth of 21.97% YoY and Retail Personal Advances growth of 14.54%.
• Corporate Advances registered YoY growth of 16.12%.
• Whole Bank Deposits grew by 12.27% YoY. CASA Deposits grew by 8.13% YoY. CASA Ratio stands at 38.32% as on 30th September 26. Retail Term Deposits registered YoY growth of 16.74%.

Asset Quality

• Gross NPA Ratio at 1.39% improved by 34 bps YoY.
• Net NPA Ratio at 0.36% improved by 6 bps YoY.
• Provision Coverage Ratio (PCR) stands at 74.43% while PCR (incl. AUCA) stands at 91.83%. 
• Slippage Ratio for Q2FY27 improved by 4 bps YoY and stands at 0.41%.
• Credit Cost for Q2FY27 stands at 0.22%, a reduction of 17 bps YoY. 

Capital Adequacy

• Capital to Risk Weighted Assets Ratio (CRAR) as at the end of Q2FY27 stands at 16.09%                                     
• Key Summary of Q2FY27 Results
  

  Rs in Crores	Q2FY26	Q1FY27	Q2FY27	QoQ %	YoY %	H1FY26	H1FY27	YoY %
  Profit & Loss
  Interest Income	1,19,517	1,27,896	1,32,019	3.22	10.46	2,37,347	2,59,915	9.51
  Interest Expenses	76,670	80,904	82,876	2.44	8.09	1,53,593	1,63,780	6.63
  Net Interest Income	42,847	46,992	49,143	4.58	14.69	83,754	96,135	14.78
  NIM, % (Domestic)	3.08	3.00	3.11	11 bps	3 bps	3.04	3.06	2 bps
  Operating Profit	31,904	33,529	34,226	2.08	7.28	62,449	67,755	8.50
  Loan loss provisions	4,132	3,359	2,759	-17.86	-33.23	9,066	6,118	-32.52
  Profit after tax	20,160	21,121	23,038	9.07	14.28	39,320	44,159	12.31

  
  
  

  Rs in Crores	Sep 25	Jun 26	Sep 26	YoY %	QoQ %
  Balance Sheet
  Gross advances	44,19,674	50,47,222	52,08,344	17.84	3.19
  Domestic Corporate	12,39,346	14,20,652	14,39,156	16.12	1.30
  Domestic Retail Personal	15,93,360	17,73,147	18,25,083	14.54	2.93
  Of which: Home loans	8,80,422	9,59,369	9,85,537	11.94	2.73
  Deposits	55,91,700	60,05,805	62,77,919	12.27	4.53
  Domestic CASA	21,24,266	22,60,926	22,96,883	8.13	1.59
  Domestic Term Deposits	32,36,366	35,00,427	36,97,717	14.26	5.64
  CASA Ratio (%)	39.63	39.24	38.32	-131 bps	-92 bps
  GNPA	76,243	74,272	72,529	-4.87	-2.35
  NNPA	18,460	19,158	18,546	0.47	-3.20

  
  
  

  Ratios (%)	Q2FY26	Q1FY27	Q2FY27	QoQ, bps	YoY, bps	H1FY26	H1FY27	YoY, bps
  Asset Quality
  GNPA	1.73	1.47	1.39	-8	-34	1.73	1.39	-34
  NNPA	0.42	0.38	0.36	-2	-6	0.42	0.36	-6
  PCR (with AUCA)	92.29	91.82	91.83	1	-46	92.29	91.83	-46
  PCR (without AUCA)	75.79	74.20	74.43	23	-136	75.79	74.43	-136
  Slippage Ratio	0.45	0.57	0.41	-16	-4	0.60	0.50	-10
  Credit Cost	0.39	0.27	0.22	-5	-17	0.43	0.25	-18
  Capital Ratios
  CET-1 ratio	11.47	12.89	13.34	45	187	11.47	13.34	187
  Tier-1 ratio	12.67	13.90	14.34	44	167	12.67	14.34	167
  CRAR	14.62	15.67	16.09	42	147	14.62	16.09	147