SBI’s Q2 net profit jumps 10% to Rs 20,160 cr

The bank’s gross non-performing assets (NPAs) improved by 40 bps to 1.73 per cent from 2.13 per cent. Net NPA stood at 0.42 per cent from 0.53 per cent.

Fresh slippages stood at Rs 4,754 crore compared to Rs 4,871 crore. Its slippage ratio – the rate at which fresh amounts of loans turn into NPA – improved by 6 bps y-o-y to 0.45 per cent in the reporting quarter.

The lender’s gross advances grew at 12.73 per cent to Rs 44,19,674 crore from Rs 39,20,719 crore in the year-ago quarter. Retail advances rose by 15.09 per cent y-o-y, led by SME advances growth at 18.78 per cent y-o-y followed by agri advances growth at 14.23 per cent and retail personal advances growth at 14.09 per cent.

Corporate advances registered a growth of 7.10 per cent to Rs 12,39,346 crore in the quarter ended September 2025.

The bank’s deposits rose 9.27 per cent to Rs 55,91,700 crore from Rs 51,17,285 crore. Domestic CASA (Current Account and Saving Account) grew by 8.06 per cent.

Its capital adequacy ratio (CAR) as at the end of Q2FY26 stood at 14.62 per cent.

The bank’s scrip closed 0.72 per cent higher at Rs 957.05 apiece on the BSE on Tuesday.