'State bank of India conducted a conference call on 03 May 2025
to discuss its financial results for the quarter ended March 2025. CS Setty,
Chairman of the bank addressed the call:
Highlights:
The financial results for FY25 highlight continuity,
consistency, profitability and SBI''s significant long-term strengths.
SBI has remained focused on strengthening the key
components that contribute to this sustainable value.
The bank has prioritized liability franchise, refined
processes and continues to improve underwriting standards. The bank aims to
deliver value to all stakeholders while positioning itself as a reliable
financial services brand.
The banking industry credit growth moderated to 11% from
20% last year and deposits growth also eased to 10.3% from 13.5% last year.
Term deposit growth continued to outpace growth in savings deposits
consequently the share of term deposits in total deposits rose to about 62% ...
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