Mumbai, May 2 -- State Bank of India (SBI), the country's largest bank, has delivered a muted performance in fiscal year 2024-25. Margin pressure due to rising deposit costs has been a drag on the bank's profitability, even as credit growth has remained strong and asset quality has improved.

The March quarter is likely to follow the same trend, owing to lower treasury income and further margin decline.

Here are the key things to watch for in SBI's fourth quarter results on 3 May.

Margins for the banking sector overall are under pressure due to the slower rate cut transmission to deposit rates compared to lending rates. SBI is expected to report a 30% decline in operating profit due to margin compression, lower treasury income, and reco...