State Bank of India — Investor Meet, 13-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SBI reported a strong Q3FY26, achieving its highest-ever quarterly net profit of 21,028 Cr, marking a 24.49% YoY increase. Operating profit rose 39.54% to 32,862 Cr, with Net Interest Income up 9% at 45,190 Cr. Credit growth was robust at 15.14% YoY. Asset quality improved significantly, with Gross NPAs at a two-decade low of 1.57% and Net NPAs at 0.39%. Management revised credit growth guidance to 13-15% and maintains a 3% long-term NIM outlook. Digital initiatives like YONO and efforts to keep the cost-to-income ratio below 50 bps signal a confident strategic direction.