State Bank of India

The Nifty May 2026 futures closed at 23,860, a premium of 40.15 points compared with the Nifty's closing at 23,815.85 in the cash market. In the cash market, the Nifty 50 index fell 360.30 points or 1.49% to 23,815.85. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, surged 10.16% to 18.55. State Bank of India, HDFC Bank and Titan Company were the top-traded individual stock futures contracts in the F&O segment of the NSE. The May 2026 F&O contracts will expire on 26 May 2026.Powered by Capital Market - Live

The Nifty May 2026 futures closed at 24,228.70 a premium of 52.55 points compared with the Nifty's closing at 24,176.15 in the cash market. In the cash market, the Nifty 50 index dropped 150.50 points or 0.62% to 24,176.15. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 1.32% to 16.84. State Bank of India, Titan Company and HDFC Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE. The May 2026 F&O contracts will expire on 26 May 2026. Powered by Capital Market - Live

Net profit of State Bank of India rose 0.22% to Rs 19642.87 crore in the quarter ended March 2026 as against Rs 19600.46 crore during the previous quarter ended March 2025. Total Operating Income rose 3.34% to Rs 131080.12 crore in the quarter ended March 2026 as against Rs 126840.21 crore during the previous quarter ended March 2025. For the full year,net profit rose 7.40% to Rs 83298.78 crore in the year ended March 2026 as against Rs 77561.34 crore during the previous year ended March 2025. Total Operating Income rose 5.02% to Rs 514932.59 crore in the year ended March 2026 as against Rs 490312.70 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income131080.12126840.21 3 514932.59490312.70 5 OPM %42.7441.31 -44.9247.78 - PBDT26075.5126896.82 -3 111001.41106365.30 4 PBT26075.5126896.82 -3 111001.41106365.30 4 NP19642.8719600.46 0 83298.7877561.34 7 Powered by Capital Market - Live

Net profit stood at Rs 19,684 crore in Q4 FY26, up 5.58% from Rs 18,643 crore in Q4 FY25 but down 6.39% from Rs 21,028 crore in Q3 FY26. Net interest income rose 4.13% YoY to Rs 44,380 crore in Q4 FY26 from Rs 42,618 crore in Q4 FY25. However, NII declined 1.35% sequentially from Rs 44,987 crore in Q3 FY26. Net interest margin for the domestic business contracted 21 bps YoY to 2.93% in Q4 FY26 from 3.14% in Q4 FY25. On a sequential basis, domestic NIM declined 18 bps from 3.11%. Total income stood at Rs 1,40,412 crore in Q4 FY26, down 2.41% YoY from Rs 1,43,876 crore and marginally lower by 0.36% QoQ from Rs 1,40,915 crore. Operating profit came in at Rs 27,704 crore in Q4 FY26, down 11.45% YoY from Rs 31,286 crore and lower by 15.70% sequentially from Rs 32,862 crore. Total provisions declined 36.56% YoY to Rs 8,020 crore in Q4 FY26 from Rs 12,643 crore. Sequentially, provisions fell 32.23% from Rs 11,834 crore. Loan loss provisions declined 20.78% YoY to Rs 3,140 crore and fell 2.34% QoQ. Cost-to-income ratio rose 180 bps YoY to 55.09% in Q4 FY26 from 53.29%. Sequentially, it expanded 680 bps from 48.29%. Interest income increased 3.00% YoY to Rs 1,23,098 crore, while interest expenses rose 2.37% YoY to Rs 78,718 crore. Fee income grew 7.95% YoY to Rs 10,852 crore. However, profit/loss on sale and revaluation of investments turned to a loss of Rs 1,471 crore against a gain of Rs 6,879 crore in Q4 FY25. Forex and derivatives income declined 55.99% YoY to Rs 1,258 crore. Operating expenses declined 4.79% YoY to Rs 33,990 crore, while staff expenses fell 9.94% to Rs 16,215 crore. Gross advances increased 16.87% YoY to Rs 49,32,627 crore as of 31 March 2026. Deposits rose 11.03% to Rs 59,75,642 crore. Retail personal advances grew 15.22% YoY to Rs 17,35,778 crore, while home loans increased 13.66% to Rs 9,44,210 crore. As per latest available ASCB data, bank's market share in home loans is 28.1% and in auto loans is 18.7%. Asset quality improved during the quarter. Gross NPA ratio declined 33 bps YoY to 1.49% from 1.82%, while net NPA ratio fell 8 bps YoY to 0.39% from 0.47%. Provision Coverage Ratio stood at 74.36%, while PCR including AUCA stood at 91.97%. Slippage ratio for FY26 improved by 1 bp YoY to 0.54%. Slippage ratio for Q4 FY26 stood at 0.47%. Credit cost improved to 0.37% in FY26 from 0.38% in FY25. The bank's CET-1 ratio improved 148 bps to 12.29% as of 31 March 2026 from 10.81% a year earlier, while CRAR rose 115 bps to 15.40% from 14.25%. For FY26, net profit rose 12.88% to Rs 80,032 crore from Rs 70,901 crore in FY25. Net interest income increased 4.08% to Rs 1,73,120 crore. Operating profit for FY26 rose 11.25% to Rs 1,23,015 crore, while total provisions increased 8.33% to Rs 42,983 crore. State Bank of India is India's largest public sector lender with operations across retail banking, corporate banking, treasury, international banking and financial services. Powered by Capital Market - Live

State Bank of India announced that the Board of Directors of the Company at its meeting held on 8 May 2026, inter alia, have recommended the final dividend of Rs 17.35 per equity Share (i.e. 1735%) , subject to the approval of the shareholders.

State Bank of India has fixed 16 May 2026 as record date for determining the eligibility of members entitled to receive a dividend of Rs 17.35 per share for FY 2026. The dividend will be paid on 04 June 2026.

State Bank of India will hold a meeting of the Board of Directors of the Company on 12 May 2026.

State Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 May 2026.

The proposed IPO comprises up to 20,37,09,239 equity shares with a face value of Re 1 each, representing up to 10.0013% of the company's paid-up equity share capital. The issue is entirely an offer for sale (OFS). As a part of OFS, SBI plans to offload 12,83,34,397 equity shares (amounting to 6.30% stake) while Amundi India Holding will sell up to 7,53,74,842 equity shares (about 3.70% stake). For FY25, SBI Funds Management's total income stood at Rs 4,230.92 crore(0.64% of total income of SBI Group) The company's reserves & surplus was at Rs 5,108.56 crore, accounting for 1.19% of SBI Group's total reserve and surplus. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25.Powered by Capital Market - Live

The bonds are issued for a tenor of 10 years, with call option after 5 years and each anniversary date thereafter. These bonds are rated 'AAA' with 'stable' outlook from CRISIL Ratings and India Ratings and Research. The bank further informed that the issue had attracted strong response from investors with bids of approximately 2 times against the base issue size of Rs 5,000 crore. The total number of bids received was 47 indicating participation from diverse set of qualified institutional bidders. The investors were across provident funds, pension funds, mutual funds, banks etc. Based on the response, the bank decided to accept Rs 6,051 crore at a coupon rate of 7.05% payable annually for a tenor of 10 years. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25. The scrip rose 0.54% to currently trade at Rs 1069.70 on the BSE. Powered by Capital Market - Live