The State Bank of India (SBI) announced a sharp rise in operating profit for the financial year 2025 (FY25), 17.89% higher, crossing Rs 1.10 lakh crore.
The bank's fourth-quarter (Q4) operating profit for FY25 also climbed 8.83% from the previous year, reaching Rs 31,286 crore.
SBI's FY25 net profit remained at Rs 70,901 crore, with a year-over-year growth of 16.08%. The bank's PAT for Q4 increased to Rs 20,698 crore from Rs 16,891 crore in Q3.
The bank's Net Interest Income (NII) increased by 4.43% in FY25, while Q4 NII expanded 2.7%, to Rs 42,775 crore. SBI's board announced a dividend of Rs 15.9 per share.
On the asset quality side, gross Non-Performing Asset (NPA) as a ratio increased by 42 basis points to 1.82%. Its net NPA ratio also increased by 10 basis points year-on-year to 0.47%.
SBI posted a robust deposit growth with its total bank deposits going up by 9.48% year-on-year. Its CASA (Current Account, Savings Account) deposits increased by 6.34%, leading to its CASA ratio of 39.97% as of March 31, 2025.
The bank's advances also showed robust growth, with Small and Medium Enterprise (SME) advances crossing Rs 5 lakh crore, growing by 16.86%. Agricultural advances grew by 14.29%, while retail personal advances and corporate advances saw growth of 11.40% and 9.00%, respectively.
SBI’s slippage ratio for FY25 improved by 7 basis points, reaching 0.55%, with Q4's slippage ratio standing at 0.42%, improving by 1 basis point year-on-year.
The bank highlighted that 64% of new savings accounts were acquired digitally through the YONO platform, and the share of alternate channels in total transactions increased from 97.8% in FY24 to 98.2% in FY25.
SBI’s Return on Assets (ROA) for FY25 stood at 1.10%, while its Return on Equity (ROE) was 19.87%.
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