• FY26 financial performance: SBI achieved its highest-ever net profit of ₹80,032 crore, up 12.88% year-on-year, alongside an operating profit of ₹1.23 trillion and a domestic net interest margin of 3.03%. Return on assets improved to 1.12% and return on equity stood at 18.57%.
• Asset quality metrics: Gross NPA declined to a two-decade low of 1.49% and net NPA improved to 0.39%, with a provision coverage ratio of 74.36% and credit cost at 0.37%. Capital adequacy ratio reached 15.4%, including a CET1 ratio of 12.29%.
• Credit and deposit growth: Domestic advances grew 16.33% year-on-year, supported by double-digit expansion across SME, agriculture, retail, and corporate portfolios. Total deposits rose 11.03% to ₹59.76 trillion, maintaining a CASA ratio of 39.46% and a domestic credit-deposit ratio of 73.08%.
• Digital channel adoption: Alternate channels accounted for 98.7% of total transactions, while the YONO platform crossed 10 crore registered users and originated 66% of new savings accounts in FY26.
• Regulatory and process readiness: The bank is prepared for the RBI's transition to expected credit loss-based provisioning scheduled for April 2027, while progressing its operational revamp under Project Saral and integrating AI across the value chain.