SBI Q3 results, Feb. 7 -- India's largest bank by assets, State Bank of India (SBI), on Saturday, February 7, reported a 24.5% year-on-year (YoY) rise in standalone profit to Rs.21,028.15 crore from Rs.16,891.44 crore in the same quarter last year. It was SBI's highest-ever quarterly net profit.
Total income rose 9.7% YoY to Rs.1,40,914.65 crore from Rs.1,28,467.39 crore in the same quarter last year.
SBI's net interest income (NII) rose 9% YoY to Rs.45,190 crore, while operating profit for Q3FY26 rose by 39.54% YoY to Rs.32,862 crore.
Whole bank net interest margin (NIM) for Q3FY26 stood at 2.99% and domestic NIM declined by 3 bps to 3.12%.
Deposits and advances crossed the Rs.57 trillion and Rs.46 trillion marks, respectively. Whole...
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