SBI witnessed Highest ever quarterly Net Profit
FinTech BizNews Service
Mumbai, 7 February 2026: State Bank of India declared its Q3FY26 and 9MFY26 results today.
Business
Business crossed Rs103 Trillion.
Deposits & Advances crossed Rs57 Trillion & Rs46 Trillion respectively.
SME Portfolio crossed Rs6 Trillion.
Profitability
Highest ever quarterly Net Profit at Rs21,028 crores, witnessing a growth of 24.49% YoY.
Operating Profit for Q3FY26 up by 39.54% YoY to Rs32,862 crores.
Bank’s ROA and ROE for the 9MFY26 stand at 1.16% and 20.68% respectively.
Net Interest Income (NII) for Q3FY26 increased by 9.04% YoY.
Whole Bank and Domestic NIM for the 9MFY26 stand at 2.95% and 3.08% respectively.
Whole Bank NIM for Q3FY26 is at 2.99% and Domestic NIM is at 3.12%.
Balance Sheet
Whole Bank Advances growth at 15.14% YoY with Domestic Advances growth at 15.44% YoY.
Foreign Offices’ Advances grew by 13.41% YoY.
Retail Advances grew by 16.51% YoY, with double digit growth in all segments.
SME Advances grew by 21.02% YoY followed by Agri Advances growth of 16.56% YoY and Retail Personal Advances growth of 14.95%.
Corporate Advances registered YoY growth of 13.37%.
Whole Bank Deposits grew by 9.02% YoY. CASA Deposit grew by 8.88% YoY. CASA ratio stands at 39.13% as on 31 st December 25. Retail Term Deposits registered YoY growth of 14.54%.
Asset Quality
Gross NPA ratio at 1.57% improved by 50 bps YoY.
Net NPA ratio at 0.39% improved by 14 bps YoY.
Provision Coverage Ratio (PCR) increased by 88 pbs YoY and stands at 75.54% while PCR (incl. AUCA) increased by 63 bps and stands at 92.37%.
Slippage Ratio for 9MFY26 improved by 5 bps YoY and stands at 0.54%.
Slippage Ratio for Q3FY26 stands at 0.40%.
Credit Cost for Q3FY26 stands at 0.29%.
Capital Adequacy
Capital Adequacy Ratio (CAR) as at the end of Q3FY26 stands at 14.04%.
Alternate Channels
More than 68% of SB accounts opened digitally through YONO in Q3FY26.
Share of Alternate Channels in total transactions increased from 98.1% in 9MFY25 to 98.6% in 9MFY26.
