State Bank of India — PPTs, 06-02-2025: Investor Presentation

**Financial Highlights:**

In Q3FY25, net profit surged to ₹16,891 crore, marking an impressive 84.32% year-over-year increase. The bank achieved a return on assets (ROA) of 1.09% and a return on equity (ROE) of 21.46%. The net interest margin (NIM) for the whole bank was at 3.12%, with domestic NIM at 3.25%. Total advances crossed ₹40 lakh crore, reflecting a strong 14.06% year-over-year growth, while total deposits exceeded ₹52 lakh crore, up by 9.81%.

**Strategic Initiatives and Growth Drivers:**

The bank's digital banking initiative saw over 98% of transactions conducted through alternate channels, with approximately 64% of savings accounts opened via the YONO platform. YONO registered customers reached 8.45 crore.

**Business Developments:**

The bank demonstrated leadership in asset quality, with gross NPA at 2.07% and net NPA at 0.53%. Provision coverage ratio (PCR) stood at a healthy 74.66%. Notably, customer credit in international banking also saw robust growth of 10.35%.

**Market Position and Competitive Advantage:**

SBI maintained a leading domestic market share of over 22% in liabilities and showcased a disciplined approach to managing asset quality amidst competitive pressures.

**Investor Implications:**

The outstanding financial performance coupled with the aggressive digital strategy presents a positive outlook. Investors should monitor the bank’s ability to sustain credit growth and maintain asset quality as it leverages its digital advancements to enhance customer reach and operational efficiency.