Mumbai, May 08: SBI Q4 FY26 Results — India’s largest lender, State Bank of India (SBI), reported a strong financial performance for FY26, with net profit rising 12.88% year-on-year, while total business crossed ₹109 trillion.
For Q4 FY26, the bank posted a net profit of ₹19,684 crore, supported by healthy credit growth, improving asset quality, and steady operating performance.
SBI’s operating profit for FY26 grew 11.25% YoY, while Net Interest Income (NII) increased 4.08% YoY.
The bank’s Return on Assets (ROA) and Return on Equity (ROE) for FY26 stood at 1.12% and 18.57% respectively.
Strong Growth Across Loan Segments
Gross advances rose 16.87% YoY as of March 31, 2026, led by broad-based growth across retail, SME, agriculture, and corporate lending.
Retail advances grew 17.11% YoY, while SME advances registered a strong 20.99% increase. Agri advances crossed ₹4 trillion after growing 19.68% YoY.
Corporate advances rose 14.83% YoY, while foreign office advances increased 20.01% YoY.
Within retail lending, home loans grew 13.66% YoY.
Deposits Near ₹60 Trillion
Total deposits increased 11.03% YoY. CASA deposits grew 9.53% YoY, with the CASA ratio standing at 39.46% at the end of FY26.
Retail term deposits recorded a healthy 14.77% annual growth.
Asset Quality Improves Further
SBI continued to strengthen its balance sheet, with Gross NPA ratio improving 33 basis points YoY to 1.49%, while Net NPA ratio improved to 0.39%.
Provision Coverage Ratio (PCR) stood at 74.36%, while PCR including AUCA remained strong at 91.97%.
The slippage ratio for FY26 improved marginally to 0.54%, while credit cost for Q4 FY26 came in at 0.27%.
Capital Position Strengthens
The bank’s Capital Adequacy Ratio (CRAR) improved to 15.40% at the end of Q4 FY26, while CET-1 ratio strengthened to 12.29%.
Digital Banking Momentum Continues
SBI continued to witness strong traction across digital channels. More than 66% of savings bank accounts during FY26 were opened digitally through YONO SBI.
The share of alternate channels in total transactions increased to approximately 98.7% in FY26, compared to 98.2% in FY25, reflecting the bank’s accelerating digital adoption strategy.
