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05-Nov-2025

State bank of India

Expects to maintain NIM above 3% in Q3 and Q4FY26, targets loan growth of 12-14% for FY26


'State bank of India conducted a conference call on 04 November 2025 to discuss its financial results for the quarter ended September 2025. CS Setty, Chairman of the bank addressed the call:

Highlights:

The bank sector growth is slowly picking up to 11.5%, while the deposit growth remains sluggish at 9.5%. Going forward, the bank expects demand for credit to continue in H2FY26.

By looking at the trend, deposits and credit growth of scheduled commercial banks may remain in the range of 11-12% during FY26. However, risks persist from volatile global commodity markets and potential spillovers from the trade disruptions.

SBI is compounding on durable structural advantages, scale with discipline, growth with quality, returns with resilience.

The current quarter demonstrates industry-leading credit growth at SBI scale, market share gains in chosen segments such as current account, home loans, auto loans, stable asset quality and disciplined pricing.<...



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