'State Bank of India has reported 10% decline in net profit at Rs 18642.59 crore for the quarter ended March 2025 (Q4FY2025). The bank has posted 3% growth in net interest income (NII), while the core fee income of the bank improved 13% in Q4FY2025. The Net Interest Margin (NIM) of the bank declined to 3.00% in Q4FY2025 compared to 3.28% in the corresponding quarter of previous year.
On business front, the bank as has posted 11% growth in business with 12% surge in loan book. The asset quality of the bank has continued to improve in Q4FY2025. Bank has raised the credit to deposit ratio to 78.4% at end March 2025 from 76.6% at end March 2024. CASA ratio of the bank has declined slightly to 38.4% at end March 2025 from 39.5% at end March 2024.
Asset quality improves: The bank has improved asset quality in Q4FY2025.
The fresh slippages of loans stood at Rs 4319 crore in Q4FY2025 compared with 4146 crore in previous quarter and Rs 3984 crore in the corresponding q...
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