Gross NPA ratio at 2.07% improved by 35 bps YoY
FinTech BizNews Service
Mumbai, February 6, 2025: SBI under the Chairmanship of C.S. Setty has recorded Net Profit for Q3FY25 at Rs16,891 crores.
Profitability
• Net Profit for Q3FY25 stands at Rs16,891 crores registering a growth of 84.32% YoY.
• Operating Profit for Q3FY25 grew by 15.81% YoY to Rs23,551 crores.
• Bank’s ROA and ROE for the 9MFY25 stand at 1.09% and 21.46% respectively.
• ROA at 1.04% for the quarter increased by 42 bps YoY.
• Net Interest Income (NII) for Q3FY25 increased by 4.09% YoY.
• Whole Bank and Domestic NIM for 9MFY25 stand at 3.12% and 3.25% respectively.
• Whole Bank and Domestic NIM for Q3FY25 stand at 3.01% and 3.15% respectively.
Balance Sheet
• Credit growth at 13.49% YoY with Domestic Advances growing by 14.06 YoY. Gross
Advances cross Rs 40 Lakh crores.
• Foreign Offices’ Advances grew by 10.35% YoY.
• SME Advances grew by 18.71% YoY followed by Agri Advances which grew by 15.31%
YoY, while Corporate Advances and Retail Personal Advances registered YoY growth
of 14.86% and 11.65% respectively.
• Whole Bank Deposits grew at 9.81% YoY, out of which CASA Deposit grew by 4.46%
YoY. CASA ratio stands at 39.20% as on 31st December 24.
Asset Quality
• Gross NPA ratio at 2.07% improved by 35 bps YoY.
• Net NPA ratio at 0.53% improved by 11 bps YoY.
• PCR (incl. AUCA) improved by 25 bps YoY and stands at 91.74%. Provision Coverage
Ratio (PCR) at 74.66% improved by 49 bps YoY.
• Slippage Ratio for 9MFY25 improved by 8 bps YoY and stands at 0.59%. Slippage
Ratio for Q3FY25 improved by 19 bps YoY and stands at 0.39%
• Credit Cost for Q3FY25 stands at 0.24%.
Capital Adequacy
• Capital Adequacy Ratio (CAR) as at the end of Q3FY25 stands at 13.03%.
Alternate Channels
• 64% of SB accounts acquired digitally through YONO.
• Share of Alternate Channels in total transactions increased from 97.7% in 9MFY24 to
98.1% in 9MFY25.
