State Bank Of India · NSE:SBIN
State Bank Of India — Q1 FY27 Earnings Presentation
48 slides from State Bank Of India's earnings presentation, Aug 7, 2026
Slide 1: Exchange filing cover letter for Q1FY27 results presentation
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 Q1FY27 Analyst Presentation
Quarterly Results Q1FY27 AN A LY S T P R E S E N TAT I O N 07.08.2026
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: Table of Contents
Table of Contents Executive Performance Financial Capital Summary Highlights Performance Adequacy 07-17 18-24 25-26 04-06 04-06 07-17 18-24 25-26 Subsidiaries, Group Asset Digital Banking with a Financials & Quality Journey Purpose Balance Sheet 27-30 31-35 36-39 40-46 27-30 31-35 36-39 40-46 3
Slide 5: Executive Summary
Executive Summary
Slide 6: SBI delivers Strong & Sustainable Performance
SBI delivers Strong & Sustainable Performance As on Jun 26, Q1FY27 Profitability Business Growth Asset Quality ₹21,121 Cr 10.23% YoY Net Profit Gross Advances Deposits ₹33,529 Cr ₹50 Trillion ₹60 Trillion 1.47% 0.38% 9.77% YoY Gross NPA Net NPA Operating Profit 18.63% YoY 9.73% YoY 1.11% 17.87% YoY
Slide 7: Strong Foundations, Building a Future-Ready SBI
Strong Foundations, Building a Future-Ready SBI Balance Sheet Size (₹ Trillion) Domestic CD Ratio (%) Digital Leadership 74.23 76.23 76.62 73.08 67.69 68.88 98.8% No. 1 transactions in Debit card through alternate spends, ATMs, channels value & no. of Jun 25 Mar 26 Jun 26 Jun 25 Mar 26 Jun 26 Mobile
Slide 8: Performance Highlights
Performance Highlights
Slide 9: Key indicators
Key indicators Quarter Ended YoY ₹ in Crores Q1FY26 Q1FY27 Growth Net Interest Income 40,907 46,992 14.88% CASA 9.30% YoY RAM 18.20% YoY Deposits Advances Net Interest Margin – Whole Bank (%) 2.89 2.86 -3 bps 28,55,996 22,60,926 Profit & Loss Net Interest Margin – Domestic (%) 3.01 3.00 -1 bp 20,68,
Slide 10: Credit growth
Credit growth ₹ in Crores Segment Jun 25 Jun 26 YoY Share of Domestic Advances as on Jun 26 Growth (%) Retail Personal 15,39,878 17,73,147 15.15 Per, 41.46% Agri 3,48,267 4,36,820 25.43 42.50 Corporate, 33.22% Retail Per SME 5,28,095 6,46,030 22.33 Corporate 12,03,430 14,20,652 18.05 Agri, 10.21% 9.
Slide 11: Credit growth - Retail Personal Banking
Credit growth - Retail Personal Banking As on Jun 2026 Retail Personal Portfolio of 3 - year CAGR at Jun 26 Leadership across all segments ~₹ 17.7 lakh crore ~ 14% ~ 41.5% of Dom. Adv. O/S, ₹ in crores YoY Growth, % GNPA, % Composition of Retail Personal Advances (in%) Home Loans 9,59,369 12.75 0.60
Slide 12: Credit growth - Diversified Loan Portfolio
Performance Financial Capital Adequacy Digital Banking with a Credit growth - Diversified Loan Portfolio Highlights Performance & Asset Quality Journey Purpose Diversified and well distributed across sectors High quality asset book (₹ in Crores) Outstanding as on 30th Jun 26 Fund Based O/S Corporate
Slide 13: Credit growth – International Banking
Performance Financial Capital Adequacy Digital Banking with a Credit growth – International Banking Highlights Performance & Asset Quality Journey Purpose Gross Advances: 21.38% YoY growth Break up of Loan Portfolio (%) ₹ in Crores Highlights: 7,70,574 7,42,941 • Consistent Quarter on Quarter growth
Slide 14: Deposit growth
Deposit growth ₹ in Crores YoY Growth Particulars Jun 25 Jun 26 (%) Share of Domestic Deposits as on Jun 26 Current Account Deposits (CA) 3,21,714 3,34,649 4.02 Saving Bank Deposits (SA) 17,46,813 19,26,277 10.27 SA, 33.43% CASA Deposits 20,68,527 22,60,926 9.30 TD, 60.76% Term Deposits (TD) 31,86,3
Slide 15: Margins, Yield & Cost (Cumulative)
Margins, Yield & Cost (Cumulative) Net Interest Margins (%) Yield on Investments (%) Domestic 3.01 3.04 3.06 3.03 3.00 7.13 7.08 Whole Bank 7.04 7.01 2.89 2.92 2.94 2.91 6.93 2.86 Domestic Foreign Offices 1.99 1.97 1.93 1.93 1.74 Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Jun 25 Sep 25 Dec 25 Mar 26 Jun 26
Slide 16: Non-interest income
Non-interest income ₹ in Crores Components of Fee Income Fee Income Loan Processing Commission on CVE Income Commission on 9,476 Charges Government Business LC / BG 2,114 1,578 1,140 7,843 1,010 887 888 1,325 1,050 20.83% 59.51% 50.34% 12.80% 0.09% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1
Slide 17: Treasury Operations
Performance Financial Capital Adequacy Digital Banking with a Highlights Treasury Operations Performance & Asset Quality Journey Purpose ₹ in Crores Yield on Investments (%) Break up of Domestic Investment Book Investments as on Jun 26 (%) Jun 25 Jun 26 7.13 6.93 8.97 0.99 0.69 Domestic Investments
Slide 18: Operating expenses
Operating expenses Focus continues on improving income streams with control on costs Operating Expenses Cost to Income Ratio (%) Q1FY26 (%) Q1FY27 (%) 54.00 49.42 47.71 46.71 39.4 40.7 49.00 44.00 15.9 39.00 14.4 34.00 29.00 44.7 44.9 24.00 Q1FY25 Q1FY26 Q1FY27 Overheads to Operating Income (%) Staf
Slide 19: Financial Performance
Financial Performance
Slide 20: Financials – at a glance
Financials – at a glance Quarter Ended Growth (%) Particulars (₹ in Crores) Q1FY27 Q1FY27 Q1FY26 Q4FY26 Q1FY27 over over Q4FY26 Q1FY26 Interest Income 1,17,830 1,23,098 1,27,896 3.90 8.54 Interest Expenses 76,923 78,718 80,904 2.78 5.17 Net Interest Income 40,907 44,380 46,992 5.89 14.88 Non Interes
Slide 21: Total income
Total income Quarter Ended Growth (%) Particulars (₹ in Crores) Q1FY27 Q1FY27 Q1FY26 Q4FY26 Q1FY27 over over Q4FY26 Q1FY26 Interest on Loans 85,438 89,370 94,011 5.19 10.03 Interest on Resources 29,598 29,845 30,922 3.61 4.47 Other Interest Income 2,795 3,883 2,963 -23.69 6.03 Total Interest Income
Slide 22: Fee income break up
Fee income break up Quarter Ended Growth (%) Particulars (₹ in Crores) Q1FY27 Q1FY27 Q1FY26 Q4FY26 Q1FY27 over over Q4FY26 Q1FY26 Loan Processing Charges 1,325 3,055 2,114 -30.80 59.51 Commission on Govt. Business 1,050 1,417 1,578 11.35 50.34 Commission on LC/BG 887 907 888 -2.10 0.09 CVE Income 1,
Slide 23: Total expenses
Total expenses Quarter Ended Growth (%) Particulars (₹ in Crores) Q1FY27 Q1FY27 Q1FY26 Q4FY26 Q1FY27 over over Q4FY26 Q1FY26 Interest on Deposits 69,036 69,721 71,119 2.01 3.02 Interest on Borrowings 4,477 5,684 6,442 13.35 43.89 Other Interest Paid 3,410 3,314 3,343 0.88 -1.99 Total Interest Expens
Slide 24: Overheads
Overheads Quarter Ended Growth (%) Particulars (₹ in Crores) Q1FY27 Q1FY27 Q1FY26 Q4FY26 Q1FY27 over over Q4FY26 Q1FY26 Rent, Taxes & Lighting 1,389 1,906 1,470 -22.86 5.87 Depreciation 959 1,179 1,189 0.86 23.96 Printing & Stationery 219 284 215 -24.19 -1.51 Postage & Telecommunications 140 270 183
Slide 25: Provisions & profit
Provisions & profit Quarter Ended Growth (%) Particulars (₹ in Crores) Q1FY27 Q1FY27 Q1FY26 Q4FY26 Q1FY27 over over Q4FY26 Q1FY26 Operating Profit 30,544 27,704 33,529 21.03 9.77 Loan Loss 4,934 3,140 3,359 6.96 -31.92 Standard Assets -319 -11 477 Investment Depreciation -48 109 -58 Other Provisions
Slide 26: Capital Adequacy
Capital Adequacy
Slide 27: Strong Capital Buffers
Strong Capital Buffers Capital Ratios (%) RWA to Total Assets (%) 15.67 15.40 14.63 53.01 1.77 52.56 2.07 51.98 2.18 1.01 1.04 12.30 1.35 Jun 25 Mar 26 Jun 26 8.80 12.89 Credit Risk Weighted Assets on Advances to Gross Advances (%) 12.29 11.10 56.02 54.31 53.33 Jun 25 Mar 26 Jun 26 CET-1 AT-1 Tier-2
Slide 28: Asset Quality
Asset Quality
Slide 29: Asset quality (1/3)
Asset quality (1/3) Cumulative for the Period (%) Gross NPA (₹ Crores) Gross NPA Ratio Net NPA (₹ Crores) Net NPA Ratio Slippage Ratio 1.90 1.83 82,000 0.50 0.47 25,000 1.73 24,000 1.80 0.75 0.42 80,000 0.45 23,000 1.70 78,040 1.57 0.39 0.39 0.38 22,000 0.60 1.60 78,000 0.40 0.57 1.49 0.54 0.54 76,2
Slide 30: Asset quality (2/3)
Asset quality (2/3) ₹ in Crores Movement of NPAs: Q1FY26 Q2FY26 Q3FY26 Q4FY26 FY26 Q1FY27 Opening Level of Gross NPAs 76,880 78,040 76,243 73,637 76,880 73,452 Total Reductions 7,239 6,794 7,466 5,732 27,232 6,539 of which : Recovery + Upgradation 3,253 2,279 2,371 1,526 9,429 3,574 Gross Addition 8
Slide 31: Asset quality (3/3)
Asset quality (3/3) ₹ in Crores Slippages SMA 1 & SMA 2 Accounts with exposure above ₹ 5 crores: CRILC data SMA1 SMA2 22,678 20,818 5,025 4,174 3,870 2,097 3,762 3,350 1,687 1,666 932 1,992 7,945 7,046 5,521 4,754 4,458 2,928 2,417 2,487 2,204 1,769 FY25 FY26 Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Jun 2
Slide 32: Digital Journey
Digital Journey
Slide 33: Accelerating digital agenda (1/2)
Accelerating digital agenda (1/2) Increasing digital adoption(%) Digital Leadership across channels 1% 1% 1% 1% 4% 3% Market share across channels (as per latest available data) Digital* Jun 25 Jun 26 ATM & CDM BC Channel 98.8% 23.65% 31.04% 29.40% 24.83% Branch Share of Alternate Channels Debit car
Slide 34: Accelerating digital agenda (2/2)
Accelerating digital agenda (2/2) YONO: Driving digital agenda of the Bank (All data for Q1FY27) YONO Registration (# Lakh) 1.39 Cr (Numbers) 49.04 L YONO Registration Whatsapp Banking Registration 49.04 ~54 K 0.64 L 8.57 Cr 79.2% Daily Average YONO Digital Loans Disbursed Fund Transfer Registration
Slide 35: Analytics, AI & ML
Analytics, AI & ML Advances Through Analytical Leads (₹ in Crores) Generative and Agentic AI Initiatives 1,80,518 Early Review of Sanction 1,37,357 34.1% YoY 1,24,268 • Applies vetting of loans sanctioned by various committees against the 1,04,139 Growth bank’s internal checking process. 65,912 • Su
Slide 36: Strategic Initiative: Project SARAL
Strategic Initiative: Project SARAL Impacts all Stakeholders Project SARAL: High-Impact initiatives Colleagues Customer Experience SARAL Customer Benefits Employee Benefits • Employee Productivity • Simpler journeys, Faster TAT Initiative • Reduction in branch footfall • Customer Satisfaction ✓ Redu
Slide 37: Banking with a Purpose
Banking with a Purpose
Slide 38: Financial Inclusion
Financial Inclusion No. of BC outlets Transactions in BC Channel Deposits in FI Accounts Market Leader Social Security Schemes (Share in %) (As on 30th Jun 2026) 1,40,000 15.52 14.54 5,200 79,557 4,686 Total Market Share Market Share among PSBs 76,812 1,80,000 1,20,000 4,700 4,167 1,00,000 87,095 4,
Slide 39: Sustainability Highlights
Sustainability Highlights Financial Capital Natural Capital Social Capital Human Capital ₹ 1,94,759 crores (Fund based) ₹ 21,121 crores ₹ 24 crores 2,47,281 ₹ 21,667 crores (Non-Fund based) Net Profit in Q1FY27 CSR Spend during Q1FY27 Total workforce* Sustainable Finance sanctioned portfolio >71 GW
Slide 40: Contributing to Society
Contributing to Society Status of CSR activities as on 30.06.2026 CSR Budget allocation for FY27 Major CSR Initiatives during Q1FY27 ₹ in Crores Entity Budget Allocation • CSR donation of ₹76.80 lakh for distribution of 128 laptops to SC/ST and underprivileged students in Bhopal. Circles 215.00 SBI
Slide 41: Subsidiaries, Group Financials & Balance Sheet
Subsidiaries, Group Financials & Balance Sheet
Slide 42: SBI and its subsidiaries – leveraging synergies (1/3)
SBI and its subsidiaries – leveraging synergies (1/3) As on Jun 2026 Listed Subsidiaries Subsidiaries - listed SBI Stake (in %) Q1FY27 - PAT (₹ in Crores) Q1FY27 - RoE (in %) SBI Card 68.58 664 16.50 SBI Life 55.32 725 14.80 Key Unlisted Subsidiaries Subsidiaries - unlisted SBI Stake (in %) Q1FY27 -
Slide 43: SBI and its subsidiaries – leveraging synergies (2/3)
SBI and its subsidiaries – leveraging synergies (2/3) As on Jun 2026 ₹ in Crores Q1FY26 Q1FY27 Q1FY26 Q1FY27 PAT (₹ in Crores) 594 725 PAT (₹ in Crores) * 556 664 ROE (in %) 13.7 14.8 ROE (in %) 15.8 16.5 *As per Ind AS, without OCI Individual Rated Gross Written Value of New CIF (In Lakhs) Spends R
Slide 44: SBI and its subsidiaries – leveraging synergies (3/3)
SBI and its subsidiaries – leveraging synergies (3/3) As on Jun 2026 ₹ in Crores Q1FY26 Q1FY27 Q1FY26 Q1FY27 PAT (₹ in Crores)* 845 873 PAT (₹ in Crores) 188 166 ROE (in %)# 37.0 55.1 ROE (in %) 15.8 12.6 *As per Ind AS, without OCI #ROE has been recomputed on Average Networth Gross Written Premium
Slide 45: Regional Rural Banks – Sponsored by SBI
Regional Rural Banks – Sponsored by SBI Performance Highlights – Q1FY27 9 RRBs operating in 9 States Network of 4,188 branches in 196 districts • Deposits at ₹ 1,48,806 crores ▲ 8.85% YoY • Gross NPA ▲ 1 bp YoY at 2.60% • CASA ▼ 22 bps YoY at 52.43% • Net Profit of ₹ 1,173 crores ▲ 49.99% YoY • Gros
Slide 46: SBI group financials – Q1FY27
SBI group financials – Q1FY27 Particulars (₹ in Crores) Quarter Ended Growth (%) Particulars Quarter Ended Q1FY26 Q1FY27 YoY Q1FY26 Q1FY27 Interest Earned 1,25,563 1,36,240 8.50 ROA (%) 1.15 1.15 Non-Interest Income 41,429 43,821 5.78 ROE (%) 19.68 18.63 Total Income 1,66,992 1,80,062 7.83 Earning P
Slide 47: Balance sheet
Balance sheet ₹ in Crores SBI SOLO SBI GROUP Liabilities Jun 25 Jun 26 YOY Growth (%) Jun 25 Jun 26 YOY Growth (%) Capital 892 923 3.43 892 923 3.43 Reserves and Surplus 4,69,302 5,65,908 20.58 5,19,583 6,21,017 19.52 Minority Interest 19,172 20,008 4.36 Deposits 54,73,254 60,05,805 9.73 55,34,314 6
Slide 48: Thank You
Thank You