State Bank of India — Board Meeting, 08-08-2025: Outcome of Board Meeting

State Bank of India's Board has approved strong financial results for the quarter ended June 30, 2025. Consolidated net profit rose to ₹21,626.64 Crore. Asset quality remains robust with Gross NPAs at 1.82% and Net NPAs at 0.47%. The bank successfully completed a Qualified Institutional Placement (QIP) raising ₹25,000 Crore, significantly strengthening its capital base. Strategically, SBI divested its entire stake in Jio Payments Bank for a profit of ₹25.46 Crore and adjusted its Regional Rural Bank sponsorships, which involved a net impact of ₹669.50 Crore to the consolidated P&L. The bank also revalued its properties, adding ₹7,288.81 Crore to reserves.