SBI Q1 net up 12.5% to 219,160 cr.

 


  The bank raised equity capital of ₹25,000 core during the current quarter, which will support additional loan growth of approximately 22.5 trillion, says the Chairman of Indias largest lender: Capital adequacy ratio stood at 14.63%

Chairman Govt. banks SBI earn a record *44,218 crore profit in QI SBI

Bright spot: Results for Q1 FY26 highlight robustness, continued excellence and significant long-term strength, says Setty. PTI Led by State Bank of India (SBI), public sector banks cumulatively logged a re-cord profit of 244,218 crore in the first quarter of the current fiscal, with a growth of 11% year-on-year. The bank, we believe we have sufficient headroom to take care requirement of business growth. "The bank has raised equity capital of ₹25,000 India's largest lender State Bank of India (SBI) reported 12.48% a year-on-year growth in first-quarter net profit to 19,160 crore on operational efficiency and treasury gains.  for Dutors. for ew butors nds 8 the ears les Net Interest Income (NII) at ₹41,072 crore de-creased by 0.13%. Domes-tic Net Interest Margin (NIM) fell 33 bps and stood at 3.02%. During the quar-ter, SBI's loan-loss provi-sions increased 9.21% to ₹4,934 crore. "Results for Q1 FY26 highlight robustness, con-tinued excellence and sig nificant long-term strength," said C.S. Setty, Chairman, SBI. "The bank remains well capitalised and capital adequacy ratio has improved. Based on the current profitability and growth trajectory of core during the current quarter, which will sup port additional loan growth of approximately ₹2.5 trillion," he added. Advances at 42.5 lakh Provision coverage ratio stood at 74.49%. Credit cost for the quarter stood at 0.47%. Capital adequacy ratio at the end of the quar-ter stood at 14.63%. crore grew 11.61% with domestic advances grow. ing by 11.06%. While SME advances grew by 19.10%, agriculture advances rose 12.67%, while retail perso-nal and corporate advanc es climbed 12.56% and 5.70% respectively. Depo-sits grew 11.66%. GNPA (gross non-perform-ing assets) slid 7.34% to 278,040 crore while net NPAs fell 7.64% to 19,908 crore. Gross NPA ratio at 1.83% improved by 38 bps YoY and Net NPA ratio at 0.47% improved 10 bps.



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