Delhi, 4 November (H.S.): State Bank of India (SBI), the country's largest public sector lender, announced on Tuesday a 10% increase in its net profit for the second quarter of the fiscal year 2025-26. The bank's profit rose to ₹20,160 crore for the July-September quarter, up from ₹18,331 crore during the same period in the previous fiscal year.

In a statement, SBI reported that its total income grew to ₹1,34,979 crore in the second quarter, compared to ₹1,29,141 crore in the corresponding period last year. The interest earned during this quarter also saw an increase, reaching ₹1,19,654 crore from ₹1,13,871 crore a year ago.

The bank also demonstrated significant improvement in its asset quality. Gross Non-Performing Assets (NPAs) decreased to 1.73% of gross advances as of September 30, 2025, down from 2.13% in the previous year. Similarly, Net NPAs, or bad loans, improved, falling to 0.42% of advances from 0.53% in the same period last year.

On a consolidated basis, the SBI Group's net profit for the second quarter increased by 7% to ₹21,137 crore, compared to ₹19,743 crore in the July-September quarter of the fiscal year 2024-25. The group's total income also climbed to ₹1,75,898 crore from ₹1,63,802 crore in the prior year's second quarter.

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Hindusthan Samachar / Jun Sarkar