State Bank of India — Investor Meet, 15-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SBI closed FY26 with a record Net Profit of ₹80,032 Cr (+12.88% YoY) and 11.25% YoY Operating Profit growth, pushing total business past ₹109 trillion. Domestic NIM hit 3.03% (FY26 exit), with Q4 domestic NIM at 2.93% impacted by rate cuts and corporate loan mix shifts. Credit grew 16.87% YoY; deposits 11.03% YoY. Asset quality remains strong with Gross NPA at 1.49% and Net NPA at 0.39%. For FY27, management targets >3% domestic NIM, 13-15% credit growth, and 50 bps credit cost, driven by value-accretive strategies, digital acceleration via YONO, and subsidiary value unlocking. Sentiment is confident.