State Bank Of India · NSE:SBIN
State Bank Of India — Q2 FY26 Earnings Presentation
59 slides from State Bank Of India's earnings presentation, Nov 4, 2025
Slide 1: Exchange filing cover letter
The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroje Jeejeebhoy Towers, Exchange Plaza, 5th Floor, C / 1, ‘G’ Block, 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 BSE SCRIP Code: 500112 NSE SCR
Slide 2: Quarterly Results Q2FY26
Quarterly Results Q2FY26 ANALYST PRESENTATION | 04.11.2025
Slide 3: Safe Harbor
Safe Harbor Certain statements in these slides are forward-looking statements. These statements are based on Management's current expectations and are subject to uncertainty and changes in circumstances. Actual outcomes may differ materially from those included in these statements due to a variety o
Slide 4: Contents
Contents 1 2 3 Executive Performance Financial Summary 04-05 Highlights 06-21 Performance 22-28 4 5 6 Capital Asset Digital Adequacy 29-31 Quality 32-36 Journey 37-44 7 8 Banking with a Subsidiaries, Group Purpose 45-51 Financials & Balance Sheet 52-57
Slide 5: Executive Summary
Executive Summary
Slide 6: Key trends in Q2FY26
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Key trends in Q2FY26 Total Business crossed ₹ 100 Trillion Business Deposits cross ₹ 55.9 lakh crore; Advances at ₹ 44.2
Slide 7: Performance Highlights
Performance Highlights
Slide 8: Key performance indicators
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Key performance indicators Profitability Business growth Asset Well provided Digital continues quality Stressed Book Lea
Slide 9: Key indicators
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 10: Credit growth
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 11: Credit growth - Retail Personal Banking
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 12: Credit growth - Diversified Loan Portfolio
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 13: Credit growth – International Banking
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 14: Deposit growth
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 15: Unmatched Liability Franchise – Key value driver of the Bank
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 16: Net interest income (Cumulative)
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 17: Non-interest income
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Non-interest income ₹ in Crores Fee Income Loan Processing Commission on Commission on LC / BG Cross Selling Charges Gov
Slide 18: Treasury Operations
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 19: Operating expenses
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 20: Capital – assessment based on credit growth and RoE trends
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 21: Provisions
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 22: Sustainable RoE / RoA – a perspective
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 23: Financial Performance
Financial Performance
Slide 24: Financials – at a glance
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 25: Total income
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 26: Fee income break up
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 27: Total expenses
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 28: Overheads
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 29: Provisions & profit
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Overview Performance Financial Banking with a Highlights Capital Adequacy Performance Asset & AssetQuality Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance S
Slide 30: Capital Adequacy
Capital Adequacy
Slide 31: Well-capitalized bank with adequate liquidity
Subsidiaries, Executive Performance Financial Capital Banking with a Asset Quality Digital Journey Group Financials Summary Highlights Performance Adequacy Purpose & Balance Sheet Well-capitalized bank with adequate liquidity Capital Ratios (%) RWA to Total Assets (%) 14.63 14.62 54.00 13.76 2.18 1.
Slide 32: QIP Issue – Strong Investor demand
Subsidiaries, Executive Performance Financial Capital Banking with a Asset Quality Digital Journey Group Financials Summary Highlights Performance Adequacy Purpose & Balance Sheet QIP Issue – Strong Investor demand India’s Largest equity issuance at ₹ 25,000 Crores Shares Issued GoI holding Allotmen
Slide 33: Asset Quality
Asset Quality
Slide 34: Asset quality (1/4)
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Executive Summary Performance Overview Financial Banking with a Highlights Capital Adequacy Performance Asset Quality & Asset Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance
Slide 35: Asset quality (2/4)
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Performance Overview Financial Banking with a Highlights Capital Adequacy Performance Asset Quality & Asset Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance
Slide 36: Movement of NPAs and AUCA (3/4)
Performance Financial Capital Adequacy Digital Banking with a Subsidiaries, Executive Performance Overview Financial Banking with a Highlights Capital Adequacy Performance Asset Quality & Asset Quality Digital Journey Journey Purpose Group Financials Summary Highlights Performance Purpose & Balance
Slide 37: Asset quality (4/4)
Capital Adequacy Subsidiaries, Executive Performance Overview Financial Banking with a Capital Adequacy Asset Quality & Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Asset quality (4/4) Slippages ₹ in Crores SMA 1 & SMA 2 ₹ in Crores Accounts w
Slide 38: Digital Journey
Digital Journey
Slide 39: Accelerating digital agenda (1/6)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Accelerating digital agenda (1/6) Digital Market share across channels With varied payment modes (as per latest availabl
Slide 40: Accelerating digital agenda (2/6)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Accelerating digital agenda (2/6) Digital Presence across channels Customer touch points Mobile banking (Retail) INB Cus
Slide 41: Accelerating digital agenda (3/6)
Subsidiaries, Executive Performance Overview Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Accelerating digital agenda (3/6) YONO: Driving digital agenda of the Bank (YTD Sep 25) 57.9 L 34.9 L 1.5 L 1.3
Slide 42: Accelerating digital agenda (4/6)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Accelerating digital agenda (4/6) YONO has shown growth across products and registrations SB Account (Out of Regular SB
Slide 43: Accelerating digital agenda (5/6)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Accelerating digital agenda (5/6) Leadership across - UPI ecosystem Domestic (Q2FY26) Remitter Beneficiary Market Share
Slide 44: Accelerating digital agenda (6/6)
Subsidiaries, Executive Performance Overview Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Accelerating digital agenda (6/6) Q2FY26 YONO for Business: Growth metrics New to Digital Customers Current Acc
Slide 45: Analytics, AI & ML
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Analytics, AI & ML Advances Through Analytical Leads (₹ in Crores) Digital Loans (₹ in Crores) ₹ 7,490 Cr 1,37,357 1,24,
Slide 46: Banking with a Purpose
Banking with a Purpose
Slide 47: Financial Inclusion
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Financial Inclusion No. of BC outlets Transactions in BC Channel Deposits in FI Accounts Market Leader Social Security S
Slide 48: Sustainability Highlights
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Sustainability Highlights Financial Capital Natural Capital Social Capital Human Capital ₹ 94,576 crores (Fund based) ₹
Slide 49: Environment
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Environment SBI’s MSCI ESG rating Vision New initiatives in ESG maintained at Formation of ESG & Climate Finance Unit •
Slide 50: Contributing to Society (1/2)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Contributing to Society (1/2) Status of CSR activities as on 30.09.2025 CSR Budget utilization Major CSR Initiatives dur
Slide 51: Contributing to Society (2/2)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Contributing to Society (2/2) SBI Foundation: Highlights of long-term projects Centre of Excellence (CoE) for Persons wi
Slide 52: SBI's Policy Framework
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet SBI’s Policy Framework Governance Board level committees & Policies for better control and governance Executive Committe
Slide 53: Subsidiaries, Group Financials & Balance Sheet
Subsidiaries, Group Financials & Balance Sheet
Slide 54: SBI and its subsidiaries – leveraging synergies (1/2)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet SBI and its subsidiaries – leveraging synergies (1/2) As on Sep 2025 ₹ in Crores H1FY25 H1FY26 H1FY25 H1FY26 PAT (₹ in C
Slide 55: SBI and its subsidiaries – leveraging synergies (2/2)
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet SBI and its subsidiaries – leveraging synergies (2/2) As on Sep 2025 ₹ in Crores H1FY25 H1FY26 H1FY25 H1FY26 PAT (₹ in C
Slide 56: Regional Rural Banks
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Regional Rural Banks Sponsored by SBI Performance Highlights – Q2FY26 9 RRBs operating in 9 States Network of 4,141 bran
Slide 57: SBI group financials – H1FY26
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet SBI group financials – H1FY26 Particulars (₹ in Crores) Half Year Ended Growth (%) Particulars Half Year Ended H1FY25 H1
Slide 58: Balance sheet
Subsidiaries, Executive Performance Financial Banking with a Capital Adequacy Asset Quality Digital Journey Group Financials Summary Highlights Performance Purpose & Balance Sheet Balance sheet Liabilities ₹ in Crores SBI SOLO SBI GROUP Sep 24 Sep 25 YOY Growth (%) Sep 24 Sep 25 YOY Growth (%) Capit
Slide 59: Thank You
Thank You