State Bank of India — Investor Meet, 09-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

State Bank of India posted a net profit of ₹70,901 Cr for FY25, up 16% YoY, with domestic credit growth at 11.56% and deposits up 9.48%. Asset quality remains sturdy with a slippage ratio of 0.55% and credit cost at 0.38%. RoA and RoE stood above 1% and 19%, respectively. Credit growth slowed due to large corporate prepayments but a ₹3.4 lakh Cr corporate pipeline supports 12%-13% outlook. Digital banking gained traction with 8.77 Cr YONO users; 64% of savings accounts opened digitally. Management is confident on sustaining RoA >1%, focusing on operating efficiency, stable credit costs, and treasury gains amid margin pressures. International banking and AI adoption are key growth and efficiency drivers.