Mumbai : State Bank of India (SBI), the nation’s largest lender, has reported its highest-ever quarterly net profit of ₹21,028 crore for the third quarter ended December 31, 2025. This reflects a robust year-on-year (YoY) growth of 24.49% compared to the same period last year. The bank’s operating profit also saw a significant surge, rising by 39.54% YoY to ₹32,862 crore. Additionally, SBI reached a major milestone as its total business crossed the ₹103 trillion mark, with deposits and advances exceeding ₹57 trillion and ₹46 trillion, respectively.
The bank's asset quality continued to show marked improvement, with the Gross NPA ratio declining to 1.57%, down by 50 basis points (bps) YoY. The Net NPA ratio also improved to 0.39%. SBI's credit growth remained strong, led by a 15.14% YoY increase in whole bank advances. Notably, the SME portfolio crossed ₹6 trillion, growing at 21.02% YoY, while retail advances grew by 16.51%. The Net Interest Income (NII) for the quarter grew by 9.04% YoY to ₹45,190 crore.
SBI also showcased significant progress in its digital transformation, with over 68% of savings accounts being opened through the YONO app during the quarter. The share of alternate channels in total transactions increased to approximately 98.6%. With a healthy Capital Adequacy Ratio (CAR) of 14.04% and a strong Return on Assets (ROA) of 1.16% for the nine-month period, the bank remains well-positioned for sustainable growth.
