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Financial Services · NSE: SBIN · BSE: 500112

SBI: how the business works

State Bank of India takes deposits from and lends to about 53 crore customers, earning ₹80,032 crore of bank-only profit in FY26.

State Bank of India · Mumbai, Maharashtra · Founded 1955

Last updated · Reviewed by Cityfort Research on

Deposits, 30 Jun 2026
₹60.06 lakh cr
Loans (gross advances), 30 Jun 2026
₹50.47 lakh cr
Bank-only net profit, FY26
₹80,032 cr
Customers, Mar 2026
About 53 crore
Promoter (Government of India), Sep 2026
55.03%

For learning only. Cityfort is not a SEBI-registered adviser and does not recommend buying or selling any security. Prices shown are dated and may be out of date.

01 · The business in one line

What does SBI do?

Borrowers pay SBI interest; in FY26, ₹56 of every ₹100 that came in went to depositors and lenders, and ₹14 was profit.

  • Interest on loans and investments was ₹87 of every ₹100 that came in during FY26. Fees, treasury gains and other income made up the other ₹13.
  • The Government of India owns 55.03% of SBI (Sep 2026). SBI was set up by an Act of Parliament on 1 Jul 1955.

02 · What it sells

What does SBI sell?

SBI is a bank. People and firms keep money in its accounts, and it lends that money at higher rates. It also charges fees for services and runs government business. Through subsidiaries it sells insurance, credit cards and mutual funds.

  • Deposits: savings, current and fixed

    Accounts for people and firms: ₹60.06 lakh crore at 30 Jun 2026. Of domestic deposits, 39.24% sat in current and savings accounts (CASA), which pay little or no interest.

  • Home loans

    ₹9.59 lakh crore of home loans at 30 Jun 2026. India Ratings put SBI's share of India's home loans at 28.0% (Dec 2025).

  • Other loans to individuals

    Personal loans under the Xpress Credit name (₹3.75 lakh crore), auto loans (₹1.37 lakh crore) and gold loans (₹1.25 lakh crore) at 30 Jun 2026.

  • Loans to farmers and small businesses

    Farm loans were ₹4.37 lakh crore and loans to small and mid-sized businesses (SME) ₹6.46 lakh crore at 30 Jun 2026.

  • Loans to large companies

    Corporate loans were ₹14.21 lakh crore at 30 Jun 2026, a third of domestic loans.

  • Fees and services

    Fees from loan processing, government business, guarantees, cards and money transfers came to ₹36,013 crore in FY26.

What it does

  • Does: Takes deposits from people, businesses and government bodies
  • Does: Lends to home buyers, individuals, farmers, small businesses and large companies
  • Does: Earns fees on payments, transfers, guarantees and government business
  • Does: Owns majority stakes in SBI Life, SBI Cards, SBI Funds Management and SBI General

What it does not do

  • Does not: Belong to a founding family: the Government of India is the promoter, with 55.03% of all shares (Sep 2026)
  • Does not: Lend only in India: offices abroad held ₹7.43 lakh crore of loans, 15% of the total, at 31 Mar 2026
  • Does not: Own all of its listed subsidiaries: it held 55.32% of SBI Life and 68.58% of SBI Cards (Jun 2026)

Source: Press release: Q1 FY27 results; Analyst presentation Q1 FY27; Rating rationales: India Ratings and Crisil (issued 5 Mar 2026), filed with the exchanges and 1 more

03 · Who pays it

Who pays SBI?

  • Individual borrowers

    Not disclosed

    Pay interest on home, personal, car and gold loans: 41.46% of domestic loans at 30 Jun 2026.

  • Large companies

    Not disclosed

    Pay interest on corporate loans: 33.22% of domestic loans.

  • Small and mid-sized businesses

    Not disclosed

    Pay interest on SME loans: 15.11% of domestic loans.

  • Farmers

    Not disclosed

    Pay interest on farm loans: 10.21% of domestic loans.

  • Borrowers abroad

    Not disclosed

    Foreign offices held ₹7.71 lakh crore of loans at 30 Jun 2026, outside the domestic shares above.

  • Customers paying fees

    Not disclosed

    Pay fees on loans, government business, guarantees, cards and transfers: ₹36,013 crore in FY26.

How spread out the customers are

The documents used here do not give SBI's income by customer. SBI served about 530 million customers at 31 Mar 2026. The shares above are of domestic loans, not of income.

Source: Analyst presentation Q1 FY27; Analyst presentation FY26 (Q4 FY26); Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR

04 · How the money flows · FY26

How does money flow through SBI?

Money in

  • Interest on loans₹350,004 cr
  • Income on investments and other funds₹119,121 cr
  • Other interest₹13,672 cr
  • Fees, treasury gains and other income₹73,444 cr

The company

SBI

₹556,241 cr came in

Money out

  • Interest paid to depositors₹276,756 cr
  • Interest paid on borrowings and other₹32,921 cr
  • Employees (salaries and employee benefits)₹65,724 cr
  • Other running costs (incl. depreciation)₹57,825 cr
  • Provisions for bad loans and other risks₹17,538 cr
  • Tax₹25,445 cr
  • Net profit (bank only)₹80,032 cr
  1. These are SBI's own FY26 accounts (standalone), without its insurance, cards and fund subsidiaries.
  2. Savers and firms keep deposits with SBI. In FY26 it paid them ₹276,756 crore of interest.
  3. It lends and invests that money. Interest earned was ₹482,797 crore, and fees and other income added ₹73,444 crore.
  4. Other income includes a one-time ₹4,593 crore gain on selling Yes Bank shares in Sep 2025.
  5. After staff, running costs, ₹17,538 crore of provisions and tax, ₹80,032 crore was profit.

Source: Analyst presentation FY26 (Q4 FY26); Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; XBRL financial results Q4 FY26 (incl. full year FY26), standalone

05 · Where the money goes · FY26

Where does ₹100 of SBI's money go?

Of every ₹100 that came in (revenue plus other income), this is where it went.

SBI · FY26

Receipt for every ₹100

Where ₹100 of SBI's money went in FY26
Interest paid to depositors₹49.8
Interest paid on borrowings and other₹5.9
Employees₹11.8
Other running costs₹10.4
Provisions for bad loans and other risks₹3.2
Tax₹4.6
Kept as profit₹14.4
Total₹100

Each line = amount ÷ total money in × 100. Lines may not add to exactly ₹100 because of rounding.

Source: Analyst presentation FY26 (Q4 FY26); Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; XBRL financial results Q4 FY26 (incl. full year FY26), standalone

06 · What it needs to run

What does SBI need to run?

  • A banking charter and capital

    SBI was created by the State Bank of India Act, 1955. Like every bank it needs its own money (capital) against its loans. Capital as a share of risk-weighted assets (CRAR) was 15.67% at 30 Jun 2026.

  • Deposits

    Deposits of ₹60.06 lakh crore at 30 Jun 2026 fund most of its lending.

  • Borrowings

    Borrowings, including bonds, were ₹731,254 crore at 31 Mar 2026. The board approved raising up to ₹60,000 crore through bonds in FY27.

  • Branches and ATMs

    23,265 branches and 64,245 ATMs and cash deposit machines at 31 Mar 2026.

  • People

    2,44,695 permanent employees in FY26.

Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; Press release: Q1 FY27 results; Board approval to raise up to ₹60,000 crore through bonds in FY27 (18 Jun 2026)

07 · Why it makes money

Why does SBI make money?

A bank earns the gap between the interest it charges and the interest it pays

SBI lends out deposits at higher rates and keeps the gap, called net interest income. From FY22 to FY26 that gap and fees grew faster than costs. Bad loans also fell, and profit per ₹100 of assets rose from ₹0.67 to ₹1.12.

Return on assets: profit as a share of the bank's assets (bank only)

0.7%1.1%

FY22 to FY26

  1. About 53 crore customers keep deposits, many in low-interest savings and current accounts
  2. SBI lends to individuals, farmers, small firms and large companies at higher rates
  3. The gap is net interest income: ₹173,120 crore in FY26
  4. Fees, treasury gains and other income add to it
  5. Staff, branches and provisions for bad loans are paid out of it
  6. Profit adds to capital, which lets SBI lend more

↺ Step 6 feeds back into step 1.

Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR

08 · Business segments · FY26

Which businesses make up SBI?

  • Other retail banking

    47%

    Retail banking outside the digital banking unit: loans, deposits and services for individuals and smaller customers. Revenue counts internal transfers between segments.

    Revenue ₹260,480 cr · Operating profit ₹40,906 cr

  • Corporate / wholesale banking

    27%

    Loans and services for large companies. Revenue counts internal transfers between segments.

    Revenue ₹149,102 cr · Operating profit ₹31,263 cr

  • Treasury

    25%

    The bank's own investments and trading.

    Revenue ₹135,516 cr · Operating profit ₹20,346 cr

  • Digital banking

    1%

    Digital retail banking. Its result is large next to its revenue because it is credited for deposits it gathers (internal transfer pricing).

    Revenue ₹4,125 cr · Operating profit ₹18,251 cr

  • Unallocated

    0%

    Income not assigned to any segment.

    Revenue ₹2,423 cr

How the mix changed

  • Other retail banking
  • Corporate / wholesale banking
  • Treasury
  • Digital banking
  • Unallocated

Revenue by segment, FY25 to FY26.

₹ crore · Source: XBRL financial results Q4 FY25 (incl. full year FY25), standalone; XBRL financial results Q4 FY26 (incl. full year FY26), standalone

See the numbers
How the mix changed (₹ crore)
YearOther retail bankingCorporate / wholesale bankingTreasuryDigital bankingUnallocated
FY25₹232,960₹146,570₹135,243₹7,627₹1,772
FY26₹260,480₹149,102₹135,516₹4,125₹2,423

Source: XBRL financial results Q4 FY26 (incl. full year FY26), standalone; XBRL financial results Q1 FY27, standalone

09 · Competitors and what protects it

Who does SBI compete with?

Crisil puts SBI's share of domestic bank deposits at about 22%, and of loans at about 20% (31 Mar 2026). The rating agencies compare SBI with public sector banks and the whole system, not with named rivals. The card below uses the rival's own FY26 annual report.

  • HDFC Bank

    NSE: HDFCBANK

    Private-sector bank. At 31 Mar 2026 its bank-only deposits were ₹31.05 lakh crore and net loans ₹29.37 lakh crore; 34.1% of deposits were CASA. FY26 bank-only profit: ₹74,671 crore.

What protects the business

Each strength is scored 1 (weak) to 5 (strong) for the business, with the reason. It is not a rating of the share.

  • Branch and deposit network5 of 5

    23,265 branches and 64,245 ATMs and cash machines at 31 Mar 2026, 30.62% of India's installed base. Crisil puts its deposit share at about 22%.

  • Scale in retail loans4 of 5

    India Ratings put SBI's share of India's home loans at 28.0% and auto loans at 19.4% (Dec 2025).

  • Range of financial businesses3 of 5

    Subsidiaries sell life and general insurance, credit cards and mutual funds. SBI owns 55–74% of each. SBI says SBI Funds Management is India's largest fund house, with a 15.55% share (Q2 FY26).

Weak spot

Lower share of low-cost deposits, narrower margin

CASA deposits fell from 45.28% of domestic deposits (Mar 2022) to 39.24% (Jun 2026). Domestic NIM fell from 3.58% in FY23 to 3.03% in FY26.

Source: HDFC Bank Integrated Annual Report FY26 (peer facts only); Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; Rating rationales: Crisil Ratings and CARE Ratings (issued 24 Jul 2026), filed with the exchanges and 8 more

10 · Where growth could come from

Where could SBI's growth come from?

Chairman C S Setty said on 8 May 2026 that SBI expected FY27 loan growth of 13–15%, credit cost of 0.5% of loans and domestic NIM above 3%. On 7 Aug 2026 he gave loan growth guidance of 14–15%.
Management statement, 7 Aug 2026. Reported as a statement, not our forecast.

  • Loan growth

    Working

    Gross loans +18.63% (year to Jun 2026)

    Chairman C S Setty gave FY27 loan growth guidance of 14–15% on 7 Aug 2026. In FY26 gross loans grew 16.87%.

    Status: Working, on track against what the company said.

  • Loans to small businesses and farmers

    Working

    SME +22.33%, farm +25.43% (year to Jun 2026)

    Both grew faster than loans to individuals (+15.15%) and large companies (+18.05%).

    Status: Working, on track against what the company said.

  • Gold loans

    Working

    ₹1.25 lakh crore, +97.54% (year to Jun 2026)

    Personal gold loans nearly doubled in a year. Gross NPA on them was 0.06% at 30 Jun 2026.

    Status: Working, on track against what the company said.

  • Keeping the margin above 3%

    Mixed

    Domestic NIM 3.00% in Q1 FY27

    Chairman C S Setty said on 8 May 2026 that domestic NIM would be above 3% in FY27. It was 2.93% in Q4 FY26.

    Status: Mixed, partly on track.

  • Value in subsidiaries

    New

    6.3007% of SBI Funds Management sold (Jul 2026)

    SBI sold shares in SBI Funds Management's IPO, which listed on 21 Jul 2026. The gain falls in Q2 FY27, not yet reported.

    Status: New, recently announced.

Status compares progress with what the company itself said it would do: Working = on track against what the company said; Mixed = partly on track; Behind = behind the company's own plan; New = recently announced; Early = too early to judge.

Source: Transcript of Q4 FY26 analyst meet (held 8 May 2026); Transcript of Q1 FY27 analyst meet (held 7 Aug 2026); Press release: Q1 FY27 results and 3 more

11 · The numbers · bank only (standalone) · ₹ crore

How has SBI done?

Net interest income

₹173,120 crFY26

Bank-only net interest income (interest earned minus interest paid) rose every year, from ₹120,708 crore in FY22 to ₹173,120 crore in FY26.

* FY22: ₹7,418 cr pension charge; FY24: ₹7,100 cr pension charge; FY26: incl. ₹4,593 cr Yes Bank gain; Q3 FY24: ₹7,100 cr pension charge; Q2 FY26: incl. ₹4,593 cr Yes Bank gain.

₹ crore · bank only (standalone) · interest earned minus interest paid · Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; XBRL financial results Q4 FY22 (incl. full year FY22), standalone; Annual Report FY22 (2021-22) (zip on NSE) and 28 more

See the yearly numbers
Net interest income by year, ₹ crore
YearInterest earnedInterest paidNet interest income
FY22 (₹7,418 cr pension charge)₹275,457₹154,750₹120,708
FY23₹332,103₹187,263₹144,841
FY24 (₹7,100 cr pension charge)₹415,131₹255,255₹159,876
FY25₹461,864₹295,524₹166,340
FY26 (incl. ₹4,593 cr Yes Bank gain)₹482,797₹309,677₹173,120
See the quarterly numbers
Net interest income by quarter, ₹ crore
QuarterNet interest income
Q2 FY24₹39,500
Q3 FY24 (₹7,100 cr pension charge)₹39,816
Q4 FY24₹41,655
Q1 FY25₹41,125
Q2 FY25₹41,620
Q3 FY25₹41,446
Q4 FY25₹42,618
Q1 FY26₹40,907
Q2 FY26 (incl. ₹4,593 cr Yes Bank gain)₹42,984
Q3 FY26₹44,987
Q4 FY26₹44,380
Q1 FY27₹46,992

Net profit

₹80,032 crFY26

Bank-only net profit rose every year, from ₹31,676 crore in FY22 to ₹80,032 crore in FY26, which includes a ₹4,593 crore gain on Yes Bank shares.

* FY22: ₹7,418 cr pension charge; FY24: ₹7,100 cr pension charge; FY26: incl. ₹4,593 cr Yes Bank gain.

₹ crore · bank only (standalone) · Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; XBRL financial results Q4 FY22 (incl. full year FY22), standalone; Annual Report FY22 (2021-22) (zip on NSE) and 28 more

See the yearly numbers
Net profit by year, ₹ crore
YearProfit before provisionsProvisionsNet profit
FY22 (₹7,418 cr pension charge)₹75,292₹24,452₹31,676
FY23₹83,713₹16,507₹50,232
FY24 (₹7,100 cr pension charge)₹93,797₹4,914₹61,077
FY25₹110,579₹15,308₹70,901
FY26 (incl. ₹4,593 cr Yes Bank gain)₹123,015₹17,538₹80,032
See the quarterly numbers
Provisions and net profit by quarter, ₹ crore
QuarterProvisionsNet profit
Q2 FY24₹115₹14,330
Q3 FY24 (₹7,100 cr pension charge)₹688₹9,164
Q4 FY24₹1,610₹20,698
Q1 FY25₹3,449₹17,035
Q2 FY25₹4,506₹18,331
Q3 FY25₹911₹16,891
Q4 FY25₹6,442₹18,643
Q1 FY26₹4,759₹19,160
Q2 FY26 (incl. ₹4,593 cr Yes Bank gain)₹5,400₹20,160
Q3 FY26₹4,507₹21,028
Q4 FY26₹2,872₹19,684
Q1 FY27₹5,047₹21,121

Net interest margin

3.03%FY26

Domestic net interest margin, as reported, was 3.58% in FY23 and 3.03% in FY26, and 3.00% in Q1 FY27.

% · as reported by the company · Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; XBRL financial results Q4 FY22 (incl. full year FY22), standalone; Annual Report FY22 (2021-22) (zip on NSE) and 28 more

See the numbers
Net interest margin (% · as reported by the company)
PeriodNIM
FY22 (₹7,418 cr pension charge)3.36%
FY233.58%
FY24 (₹7,100 cr pension charge)3.43%
FY253.21%
FY26 (incl. ₹4,593 cr Yes Bank gain)3.03%
Q2 FY243.43%
Q3 FY24 (₹7,100 cr pension charge)3.34%
Q4 FY243.47%
Q1 FY253.35%
Q2 FY253.27%
Q3 FY253.15%
Q4 FY253.14%
Q1 FY263.01%
Q2 FY26 (incl. ₹4,593 cr Yes Bank gain)3.09%
Q3 FY263.11%
Q4 FY262.93%
Q1 FY273.0%

Bad loans (gross NPA)

1.49%FY26

Gross NPA (loans not being repaid) fell from 3.97% of loans at 31 Mar 2022 to 1.47% at 30 Jun 2026.

* FY22: ₹7,418 cr pension charge; FY24: ₹7,100 cr pension charge; FY26: incl. ₹4,593 cr Yes Bank gain; Q3 FY24: ₹7,100 cr pension charge; Q2 FY26: incl. ₹4,593 cr Yes Bank gain.

% of loans · gross and net (after provisions) non-performing assets · Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; XBRL financial results Q4 FY22 (incl. full year FY22), standalone; Annual Report FY22 (2021-22) (zip on NSE) and 28 more

See the yearly numbers
Gross and net NPA by year, % of loans
YearGross NPANet NPAProvision cover
FY22 (₹7,418 cr pension charge)3.97%1.02%75.04%
FY232.78%0.67%76.39%
FY24 (₹7,100 cr pension charge)2.24%0.57%75.02%
FY251.82%0.47%74.42%
FY26 (incl. ₹4,593 cr Yes Bank gain)1.49%0.39%74.36%
See the quarterly numbers
Gross and net NPA by quarter, % of loans
QuarterGross NPANet NPA
Q2 FY242.55%0.64%
Q3 FY24 (₹7,100 cr pension charge)2.42%0.64%
Q4 FY242.24%0.57%
Q1 FY252.21%0.57%
Q2 FY252.13%0.53%
Q3 FY252.07%0.53%
Q4 FY251.82%0.47%
Q1 FY261.83%0.47%
Q2 FY26 (incl. ₹4,593 cr Yes Bank gain)1.73%0.42%
Q3 FY261.57%0.39%
Q4 FY261.49%0.39%
Q1 FY271.47%0.38%
See all yearly numbers
SBI lending numbers, FY22–FY26, ₹ crore, bank only (standalone) except EPS (consolidated)
YearInterest earnedNet interest incomeOther incomeOperating costsProvisionsNet profitLoansDepositsEPS (₹, consolidated)
FY22 (₹7,418 cr pension charge)₹275,457₹120,708₹40,564₹85,979₹24,452₹31,676₹2,733,967₹4,051,534₹39.64
FY23₹332,103₹144,841₹36,616₹97,743₹16,507₹50,232₹3,199,269₹4,423,778₹62.35
FY24 (₹7,100 cr pension charge)₹415,131₹159,876₹51,682₹117,761₹4,914₹61,077₹3,703,971₹4,916,077₹75.17
FY25 (restated)₹461,864₹166,340₹62,308₹118,069₹15,308₹70,901₹4,163,312₹5,382,190₹86.91
FY26 (incl. ₹4,593 cr Yes Bank gain)₹482,797₹173,120₹73,444₹123,549₹17,538₹80,032₹4,877,895₹5,975,642₹91.16

EPS is group (consolidated) EPS as filed. The Jul 2025 share sale (QIP) raised the share count from 892.46 crore to 923.06 crore shares.

Net interest income = interest earned on loans and investments minus interest paid on deposits and borrowings. Provisions = money set aside for loans that may not be repaid. Financial year runs April to March.

  • Lending numbers and ratios here are SBI alone (standalone), as the bank reports them. Total income and EPS elsewhere are group (consolidated) figures, which add subsidiaries such as SBI Life and SBI Cards.
  • NIM is SBI's domestic NIM, as reported; its guidance is also on domestic NIM. Whole-bank NIM was 3.12% in FY22 and 2.91% in FY26. Quarterly NIM is for that quarter alone.
  • Restated: the FY26 annual report moved ₹625 crore of FY25 income from interest earned to other income. FY25, Q4 FY25, Q1 FY26 and Q3 FY26 show the restated split; operating profit and net profit did not change.
  • Operating expenses leave out one-off pension charges: ₹7,418 crore in FY22 and ₹7,100 crore in FY24 (Q3 FY24). Net profit is after them. FY26 other income includes the ₹4,593 crore Yes Bank gain; without it, operating profit was ₹118,422 crore and cost-to-income 51.06%.
  • Provisions exclude tax. Provision cover (PCR) leaves out written-off loans still being recovered (AUCA); including them it was 91.97% at 31 Mar 2026.
  • Loans are net advances from the balance sheet. Gross advances were ₹49.33 lakh crore at 31 Mar 2026 and ₹50.47 lakh crore at 30 Jun 2026. Group quarterly total income is as tagged in the results filings, without one-off items such as the ₹3,027 crore group Yes Bank gain in Q2 FY26.

12 · Financial strength · FY26

How strong is SBI's balance sheet?

Capital adequacy (CRAR, the bank's own money as a share of its risk-weighted assets) rose from 13.83% at 31 Mar 2022 to 15.40% at 31 Mar 2026.
  • Loans given (advances)₹48.78 lakh cr
  • Deposits taken₹59.76 lakh cr

Loans were 82% of deposits (credit–deposit ratio) at the end of FY26.

Capital adequacy (CRAR)
15.4%
capital as a share of risk-weighted loans; regulators set a minimum
Core equity (CET1)
12.29%
the highest-quality part of that capital
Gross NPA
1.49%
loans not being repaid, as % of all loans
Net NPA
0.39%
the same, after money already set aside
Provision cover
74.36%
share of bad loans already provided for
CASA ratio
39.46%
deposits in current and savings accounts, which usually pay low interest
Cost to income
50.11%
₹ of running costs per ₹100 of income after interest paid
Return on assets
1.12%
profit as % of everything the lender owns
Return on equity
18.57%
profit as % of shareholders' money

Figures as on FY26 year end (standalone, as banks report these ratios). Reported by the company; see the dates on each source.

Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; XBRL financial results Q4 FY26 (incl. full year FY26), standalone; Analyst presentation FY26 (Q4 FY26) and 1 more

13 · Who owns it · Q2 FY27

Who owns SBI?

  • Promoters (founders or parent company)55.0%
  • Foreign institutions (FII)11.0%
  • Indian institutions (DII)26.1%
  • Public and others7.8%

Promoter pledge

No promoter shares were pledged in Q2 FY27.

How ownership changed
SBI shareholding by quarter, %
QuarterPromotersFIIDIIPublicOthers†Pledged*
Q3 FY2456.9%10.8%23.9%7.4%1.0%0.0%
Q4 FY2456.9%11.0%23.7%7.3%1.1%0.0%
Q1 FY2556.9%11.0%23.4%7.6%1.1%0.0%
Q2 FY2556.9%10.6%23.8%7.6%1.0%0.0%
Q3 FY2556.9%10.2%24.7%7.3%0.9%0.0%
Q4 FY2556.9%9.9%24.8%7.5%0.9%0.0%
Q1 FY2656.9%9.3%25.5%7.5%0.9%0.0%
Q2 FY2655.0%9.5%27.6%7.1%0.8%0.0%
Q3 FY2655.0%10.3%26.9%6.9%0.9%0.0%
Q4 FY2655.0%11.3%26.0%6.8%0.9%0.0%
Q1 FY2755.0%10.7%26.4%7.0%0.8%0.0%
Q2 FY2755.0%11.0%26.1%7.1%0.8%0.0%

* Pledged = share of the promoters' own holding reported as pledged. In older filings this can include shares “otherwise encumbered”; the governance flags say when.

† Others = Shares behind London-listed GDRs.

Source: Shareholding pattern as of 31 Dec 2023 (XBRL); Shareholding pattern as of 31 Mar 2024 (XBRL); Shareholding pattern as of 30 Jun 2024 (XBRL) and 11 more

14 · What it does with profit

What does SBI do with its profit?

SBI paid about 20% of its bank-only profit as dividends in each of FY22–FY26. The FY26 dividend of ₹17.35 per share was paid on 4 Jun 2026. SBI also raised money by selling shares it owned: 13.18% of Yes Bank (Sep 2025) and 6.3007% of SBI Funds Management (Jul 2026).

Dividend per share

₹17.35FY26

Dividend paid for each share, by financial year.

₹ per share · Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; Dividend of ₹17.35 per share for FY26: record date and payment date

See the numbers
Dividend per share (₹ per share)
YearDividend per shareShare of profit paid out
FY22₹7.1020.0%
FY23₹11.3020.1%
FY24₹13.7020.0%
FY25₹15.9020.0%
FY26₹17.3520.0%

  • Money raised · 21 Jul 2025

    Qualified institutions placement (QIP): 30.60 crore new shares at ₹817 each, sold to institutions.

    ₹25,000 cr

  • Money raised · 29 Jul 2026

    Additional Tier 1 (AT1) bonds at 7.75%. AT1 bonds count as capital and can absorb losses.

    ₹4,691 cr

Source: Allotment of equity shares under QIP (21 Jul 2025); Press release: Additional Tier 1 bond issue of ₹4,691 crore (29 Jul 2026)

15 · Who runs it

Who runs SBI, and did they deliver?

  • Challa Sreenivasulu Setty

    Chairman · since 2024

    Chairman from 28 Aug 2024 to 27 Aug 2027.

  • Rama Mohan Rao Amara

    Managing Director (Retail Business & Operations)

  • Rana Ashutosh Kumar Singh

    Managing Director (International Banking, Global Markets & Technology)

  • Ashwini Kumar Tewari

    Managing Director (Corporate Banking & Subsidiaries)

    Term extended to 31 Dec 2027, SBI said on 17 Dec 2025.

  • Ravi Ranjan

    Managing Director (Risk, Compliance & Stressed Assets) · since 2025

    Managing Director from 15 Dec 2025 to 30 Sep 2028.

  • Sunil Ramgopal Agrawal

    Chief Financial Officer · since 2026

    CFO from 1 Aug 2026, previously CFO of LIC. He succeeded Kameshwar Rao Kodavanti, who retired on 31 Jul 2026.

What they said, and what happened

3 delivered · 2 too early to tell

  1. Said on 3 May 2025

    FY26 loan growth of 12–13% was "quite possible" (Chairman C S Setty). He later raised the range to 12–14% (Nov 2025) and 13–15% (Feb 2026).

    What happened

    Gross loans grew 16.87% in FY26.

    Delivered

  2. Said on 3 May 2025

    Keep return on assets (ROA) at 1% in FY26 (Chairman C S Setty).

    What happened

    ROA was 1.12% in FY26.

    Delivered

  3. Said on 8 Aug 2025

    Return on equity above 15% and return on assets of 1% "through the cycle" (Chairman C S Setty).

    What happened

    FY26: ROE 18.57%, ROA 1.12%. The target covers the whole business cycle, not one year.

    Delivered

  4. Said on 8 May 2026

    FY27: loan growth of 13–15% and credit cost of 0.5% of loans (Chairman C S Setty). On 7 Aug 2026 he put loan growth at 14–15%.

    What happened

    In Q1 FY27, credit cost was 0.27% and gross loans were 18.63% higher than a year earlier. FY27 ends on 31 Mar 2027.

    Too early to tell

  5. Said on 7 Aug 2026

    Give numbers on the impact of the new expected credit loss (ECL) rules with the Q1 FY27 results (Chairman C S Setty, as he recalled on 7 Aug 2026).

    What happened

    Not given with the Q1 FY27 results. He said the numbers would come at the Q2 FY27 meeting, set for 3 Nov 2026.

    Too early to tell

Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; Extension of tenure of Managing Director Ashwini Kumar Tewari (17 Dec 2025); Appointment of Ravi Ranjan as Managing Director (15 Dec 2025) and 11 more

16 · Governance signals

What do SBI's governance filings show?

Auditor
Ten statutory central audit firms for FY26 (8 continuing, 2 new), approved by RBI on 14 Nov 2025
Auditor changes
None in the period covered
Audit qualifications
None reported
Related-party dealings
SBI's main related parties are its subsidiaries and associates. At 30 Jun 2026 it held 55.32% of SBI Life, 68.58% of SBI Cards, 73.87% of SBI General Insurance and 100% of SBI Capital Markets. It held 55.56% of SBI Funds Management after that company's Jul 2026 IPO, and 10.78% of Yes Bank (an associate).
Credit rating
Crisil AAA (Stable), 24 Jul 2026

A credit rating describes the company's ability to repay debt. It is not a rating of the share.

Flags to know about

  • other · 30 Sep 2026

    Government of India is the promoter; GDR shares counted separately

    The Government of India holds 5,079,775,288 SBI shares. That is 55.45% in the filed shareholding pattern, which leaves out the 0.76% of shares behind London-listed GDRs (Sep 2026). Cityfort shows each group as a share of all shares: 55.03%, the figure in SBI's results filing.

  • other · 21 Oct 2026

    Data-loss incident disclosed

    On 21 Oct 2026 SBI disclosed that about 3.75 lakh records were found on the dark web. Of these, 3,897 customer records held personal information. SBI said the incident has no material impact on its core operations or finances, and that an investigation is under way.

  • other · 7 Sep 2026

    Union strike notice

    On 7 Sep 2026 SBI disclosed a strike notice from the United Forum of Bank Unions. It covered 11 Sep, 28–30 Sep and a continuous strike from 26 Oct 2026. SBI said its work "may be impacted".

Source: Change in statutory central auditors for FY26 (15 Nov 2025); Analyst presentation Q1 FY27; Press release: listing of SBI Funds Management (21 Jul 2026) and 6 more

17 · What could go wrong

What could go wrong for SBI?

  • Pricing

    Narrower lending margin

    Domestic net interest margin fell from 3.58% in FY23 to 3.03% in FY26. It was 2.93% in Q4 FY26 and 3.00% in Q1 FY27.

    Watch Quarterly domestic NIM, against the Chairman's statement of above 3% for FY27.

  • Cash and liquidity

    Loans growing faster than deposits

    In FY26 gross loans grew 16.87% and deposits 11.03%. Low-cost CASA deposits fell from 45.28% of domestic deposits (Mar 2022) to 39.24% (Jun 2026). The bank's domestic credit-deposit ratio rose from 73.08% (Mar 2026) to 74.23% (Jun 2026).

    Watch Deposit growth, the CASA ratio and the credit-deposit ratio each quarter.

  • Other

    Fast growth in SME, farm and gold loans

    In the year to Jun 2026, SME loans grew 22.33%, farm loans 25.43% and gold loans 97.54%. Bad loans were 3.97% of loans in FY22, before falling to 1.47% in Jun 2026.

    Watch Gross NPA and the slippage ratio (share of loans turning bad), 0.57% in Q1 FY27.

  • Regulation

    New expected credit loss (ECL) rules

    Under ECL rules, banks set aside money for losses they expect, not only for loans already bad. SBI has not yet given the impact. Chairman C S Setty said on 7 Aug 2026 it "will not have any major impact" on capital, citing stake sales and transition relief.

    Watch The ECL impact numbers, expected with the Q2 FY27 results on 3 Nov 2026.

  • Technology

    Customer data loss

    SBI disclosed on 21 Oct 2026 that about 3.75 lakh records were found on the dark web, 3,897 of them customer records with personal information. SBI said there was no material impact on operations or finances.

    Watch SBI's further disclosures on the investigation.

  • Other

    Staff and pension costs

    Employees took ₹11.8 of every ₹100 that came in during FY26: ₹65,724 crore. One-off pension charges, before tax, were ₹7,418 crore in FY22 and ₹7,100 crore in FY24.

    Watch Employee costs and any one-off pension charges in quarterly results.

  • Other

    Union strike notice

    Bank unions gave notice of strikes on 11 Sep and 28–30 Sep 2026, and a continuous strike from 26 Oct 2026. SBI said its work "may be impacted".

    Watch Any SBI disclosure on branch work during the strike period.

Source: Press release and analyst presentation FY23 (Q4 FY23); Press release: Q4 FY26 and FY26 results; Press release: Q1 FY27 results and 11 more

18 · How it got here

How did SBI get here?

  1. 1955

    Milestone

    Set up by an Act of Parliament

    State Bank of India was formed on 1 Jul 1955 under the State Bank of India Act, 1955.

  2. 2017

    Business-model change

    Associate banks merged in

    SBI's associate banks merged into SBI in Apr 2017.

  3. 2018

    Milestone

    Government added capital

    The Government of India put in ₹5,681 crore of capital in FY17 and ₹8,800 crore in FY18, Crisil notes.

  4. 2024

    Milestone

    New Chairman

    Challa Sreenivasulu Setty became Chairman on 28 Aug 2024.

  5. 2025

    Milestone

    ₹25,000 crore share sale

    SBI sold new shares worth ₹25,000 crore to institutions (QIP) on 21 Jul 2025. The government's stake fell from 56.92% to 55.03%.

  6. 2025

    Milestone

    Part of Yes Bank stake sold

    SBI sold 13.18% of Yes Bank on 17 Sep 2025, booking a ₹4,593 crore gain. It kept 10.78%.

  7. 2026

    Milestone

    Bad loans at 1.49%

    Bank-only profit reached ₹80,032 crore in FY26. Gross NPA was 1.49% at 31 Mar 2026, down from 3.97% four years earlier.

  8. 2026

    Milestone

    SBI Funds Management listed

    The mutual fund subsidiary listed on 21 Jul 2026. SBI sold 6.3007% in the IPO and kept 55.56%.

Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; Annual Report FY25 (2024-25); Rating rationales: Crisil Ratings and CARE Ratings (issued 24 Jul 2026), filed with the exchanges and 5 more

19 · Both sides

What do supporters and critics point to?

Facts each side points to. We don't say which side is right.

What supporters point to

  • Gross NPA fell from 3.97% of loans at 31 Mar 2022 to 1.47% at 30 Jun 2026. Net NPA was 0.38%.
  • Return on assets rose from 0.67% in FY22 to 1.12% in FY26. Return on equity was 18.57% in FY26.
  • CET1 capital (the core of a bank's own money) rose from 9.94% of risk-weighted assets in FY22 to 12.89% in Jun 2026. SBI raised ₹25,000 crore of new shares in Jul 2025.
  • Crisil puts SBI's share of domestic deposits at about 22% and loans at about 20% (Mar 2026). India Ratings puts its home-loan share at 28.0% (Dec 2025).
  • Crisil and India Ratings rate SBI's debt AAA with a stable outlook. AAA is their highest grade for ability to repay. The ratings cover debt, not the shares.

What critics point to

  • Domestic net interest margin fell from 3.58% in FY23 to 3.03% in FY26, and was 2.93% in Q4 FY26.
  • Low-cost CASA deposits fell from 45.28% of domestic deposits in Mar 2022 to 39.24% in Jun 2026.
  • Running costs took ₹50.11 of every ₹100 of net revenue in FY26, or ₹51.06 without the Yes Bank gain.
  • FY26 profit included a one-time ₹4,593 crore gain on selling Yes Bank shares.
  • SBI disclosed a customer data loss on 21 Oct 2026; it said the impact was not material. Unions gave notice of a continuous strike from 26 Oct 2026.

20 · What to watch next

What should you watch next at SBI?

Next event

Q2 FY27 results (board meeting on 3 Nov 2026)

3 Nov 2026

Date confirmed by the company

  • Expected credit loss (ECL) impact

    Chairman C S Setty said on 7 Aug 2026 that SBI would give the numbers at the Q2 FY27 meeting.

  • Net interest margin

    Domestic NIM was 3.00% in Q1 FY27. The Chairman said on 8 May 2026 it would be above 3% in FY27.

  • Gain on SBI Funds Management shares

    SBI sold 6.3007% of SBI Funds Management in Jul 2026. The gain falls in Q2 FY27 and is not yet in any results.

  • Data-loss investigation

    SBI said on 21 Oct 2026 that an investigation is under way into records found on the dark web.

21 · Key facts

Key facts about SBI

What does SBI do?
State Bank of India (SBI) is a government-owned bank set up by an Act of Parliament in 1955. SBI takes deposits and lends to households, farmers, small businesses and large companies. At 30 Jun 2026 SBI held deposits of ₹60.06 lakh crore and gross loans of ₹50.47 lakh crore.
How does SBI make money?
SBI earns mainly the gap between the interest it charges borrowers and the interest it pays depositors and lenders. In FY26, SBI's own net interest income was ₹173,120 crore. SBI's other income, mainly fees and treasury gains, was ₹73,444 crore, including a one-time ₹4,593 crore gain on selling Yes Bank shares.
Who are SBI's customers?
SBI had about 530 million (53 crore) customers at 31 Mar 2026. Of SBI's domestic loans at 30 Jun 2026, individuals had 41.46% and large companies 33.22%. Small and mid-sized businesses had 15.11%, and farmers 10.21%.
How big is SBI?
SBI's bank-only net profit was ₹80,032 crore in FY26, up from ₹70,901 crore in FY25. Group profit for SBI shareholders, including subsidiaries such as SBI Life and SBI Cards, was ₹83,299 crore in FY26. SBI had 23,265 branches at 31 Mar 2026.
Who owns SBI?
The Government of India is SBI's promoter and held 55.03% of all SBI shares at 30 Sep 2026. Indian institutions held 26.14% and foreign investors 10.98%. Individuals and others held 7.08%, and 0.76% sat behind SBI's London-listed GDRs.
How many of SBI's loans have gone bad?
SBI's gross NPA (loans not being repaid) was 1.47% of its loans at 30 Jun 2026, down from 3.97% at 31 Mar 2022. After money already set aside, SBI's net NPA was 0.38% at 30 Jun 2026.
What is SBI's net interest margin?
Net interest margin (NIM) is net interest income as a share of the money lent and invested. SBI reports it mainly for its Indian business. SBI's domestic NIM was 3.03% for FY26, down from 3.58% in FY23, and 3.00% for Q1 FY27 (Apr–Jun 2026).
Who runs SBI?
Challa Sreenivasulu Setty has been SBI's Chairman since 28 Aug 2024; his term runs to 27 Aug 2027. Four Managing Directors work under him. Sunil Ramgopal Agrawal became SBI's Chief Financial Officer on 1 Aug 2026.
What else does SBI own?
SBI owns majority stakes in other listed financial companies. At 30 Jun 2026 SBI held 55.32% of SBI Life Insurance and 68.58% of SBI Cards. After the Jul 2026 IPO, SBI held 55.56% of SBI Funds Management, a mutual fund company.

Source: Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR; Press release: Q1 FY27 results; XBRL financial results Q4 FY26 (incl. full year FY26), standalone and 8 more

Terms on this page

Each explains the term in plain English, with the same number from other companies on Cityfort.

22 · Sources and changes

Where every number on this page comes from

Sources (84 documents)
  1. S1Annual Report FY26 (2025-26), incl. standalone and consolidated financial statements and BRSR · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 26 May 2026
  2. S2Annual Report FY25 (2024-25) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 21 May 2025
  3. S3Annual Report FY24 (2023-24) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 27 May 2024
  4. S4Annual Report FY23 (2022-23) (zip on NSE) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 5 Jun 2023
  5. S5Annual Report FY22 (2021-22) (zip on NSE) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 1 Jun 2022
  6. S6Financial results (standalone and consolidated) for the quarter ended 30 Jun 2026 (Q1 FY27) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Aug 2026
  7. S7Press release: Q1 FY27 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Aug 2026
  8. S8Analyst presentation Q1 FY27 · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Aug 2026
  9. S9Transcript of Q1 FY27 analyst meet (held 7 Aug 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 13 Aug 2026
  10. S11Press release: Q4 FY26 and FY26 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 May 2026
  11. S12Analyst presentation FY26 (Q4 FY26) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 May 2026
  12. S13Transcript of Q4 FY26 analyst meet (held 8 May 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 15 May 2026
  13. S14Press release: Q3 FY26 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Feb 2026
  14. S15Transcript of Q3 FY26 analyst meet · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 13 Feb 2026
  15. S16Financial results (standalone and consolidated) for the quarter ended 30 Sep 2025 (Q2 FY26) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 4 Nov 2025
  16. S17Press release: Q2 FY26 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 4 Nov 2025
  17. S18Analyst presentation Q2 FY26 · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 4 Nov 2025
  18. S19Transcript of Q2 FY26 analyst meet (held 4 Nov 2025) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 12 Nov 2025
  19. S20Press release: Q1 FY26 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 Aug 2025
  20. S21Transcript of Q1 FY26 analyst meet · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 16 Aug 2025
  21. S22Press release: Q4 FY25 and FY25 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 3 May 2025
  22. S24Transcript of Q4 FY25 analyst meet (held 3 May 2025) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 9 May 2025
  23. S25Press release: Q3 FY25 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 6 Feb 2025
  24. S26Press release: Q2 FY25 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 Nov 2024
  25. S27Analyst presentation FY24 (Q4 FY24) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 9 May 2024
  26. S28Press release and analyst presentation FY23 (Q4 FY23) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 18 May 2023
  27. S29XBRL financial results Q4 FY22 (incl. full year FY22), standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 14 May 2022
  28. S30XBRL financial results Q4 FY23 (incl. full year FY23), standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 19 May 2023
  29. S31XBRL financial results Q2 FY24, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 4 Nov 2023
  30. S32XBRL financial results Q3 FY24, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 3 Feb 2024
  31. S33XBRL financial results Q4 FY24 (incl. full year FY24), standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 9 May 2024
  32. S34XBRL financial results Q1 FY25, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 3 Aug 2024
  33. S35XBRL financial results Q2 FY25, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 Nov 2024
  34. S36XBRL financial results Q3 FY25, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 6 Feb 2025
  35. S37XBRL financial results Q4 FY25 (incl. full year FY25), standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 3 May 2025
  36. S38XBRL financial results Q1 FY26, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 Aug 2025
  37. S39XBRL financial results Q2 FY26, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 4 Nov 2025
  38. S40XBRL financial results Q3 FY26, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Feb 2026
  39. S41XBRL financial results Q4 FY26 (incl. full year FY26), standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 May 2026
  40. S42XBRL financial results Q1 FY27, standalone · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Aug 2026
  41. S43XBRL financial results Q4 FY22 (incl. full year FY22), consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 14 May 2022
  42. S44XBRL financial results Q4 FY23 (incl. full year FY23), consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 19 May 2023
  43. S45XBRL financial results Q2 FY24, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 4 Nov 2023
  44. S46XBRL financial results Q3 FY24, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 3 Feb 2024
  45. S47XBRL financial results Q4 FY24 (incl. full year FY24), consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 9 May 2024
  46. S48XBRL financial results Q1 FY25, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 3 Aug 2024
  47. S49XBRL financial results Q2 FY25, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 Nov 2024
  48. S50XBRL financial results Q3 FY25, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 6 Feb 2025
  49. S51XBRL financial results Q4 FY25 (incl. full year FY25), consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 3 May 2025
  50. S52XBRL financial results Q1 FY26, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 Aug 2025
  51. S53XBRL financial results Q2 FY26, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 4 Nov 2025
  52. S54XBRL financial results Q3 FY26, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Feb 2026
  53. S55XBRL financial results Q4 FY26 (incl. full year FY26), consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 May 2026
  54. S56XBRL financial results Q1 FY27, consolidated · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Aug 2026
  55. S58Shareholding pattern as of 31 Dec 2023 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 11 Jan 2024
  56. S59Shareholding pattern as of 31 Mar 2024 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 15 Apr 2024
  57. S60Shareholding pattern as of 30 Jun 2024 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 Jul 2024
  58. S61Shareholding pattern as of 30 Sep 2024 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 14 Oct 2024
  59. S62Shareholding pattern as of 31 Dec 2024 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 20 Jan 2025
  60. S63Shareholding pattern as of 31 Mar 2025 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 17 Apr 2025
  61. S64Shareholding pattern as of 30 Jun 2025 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 18 Jul 2025
  62. S65Shareholding pattern as of 21 Jul 2025 (XBRL), filed after the QIP allotment · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 30 Jul 2025
  63. S66Shareholding pattern as of 30 Sep 2025 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 16 Oct 2025
  64. S67Shareholding pattern as of 31 Dec 2025 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 19 Jan 2026
  65. S68Shareholding pattern as of 31 Mar 2026 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 18 Apr 2026
  66. S69Shareholding pattern as of 30 Jun 2026 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 15 Jul 2026
  67. S70Shareholding pattern as of 30 Sep 2026 (XBRL) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 14 Oct 2026
  68. S71Rating rationales: Crisil Ratings and CARE Ratings (issued 24 Jul 2026), filed with the exchanges · NSE (company filing, nsearchives.nseindia.com) · Tier 2: rating agency or regulator · 24 Jul 2026
  69. S72Rating rationales: India Ratings and Crisil (issued 5 Mar 2026), filed with the exchanges · NSE (company filing, nsearchives.nseindia.com) · Tier 2: rating agency or regulator · 6 Mar 2026
  70. S73Allotment of equity shares under QIP (21 Jul 2025) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 21 Jul 2025
  71. S75Press release: listing of SBI Funds Management (21 Jul 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 21 Jul 2026
  72. S76Press release: Additional Tier 1 bond issue of ₹4,691 crore (29 Jul 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 29 Jul 2026
  73. S77Disclosure: incident involving data loss (21 Oct 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 21 Oct 2026
  74. S78Prior intimation: board meeting on 3 Nov 2026 for Q2 FY27 results · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 26 Oct 2026
  75. S79Notice of strike served by United Forum of Bank Unions (7 Sep 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 7 Sep 2026
  76. S80Change in senior management: CFO and DMD superannuation, new CFO from 1 Aug 2026 · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 31 Jul 2026
  77. S81Appointment of Sunil Ramgopal Agrawal as CFO (designate) (15 Jul 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 15 Jul 2026
  78. S82Appointment of Ravi Ranjan as Managing Director (15 Dec 2025) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 15 Dec 2025
  79. S83Extension of tenure of Managing Director Ashwini Kumar Tewari (17 Dec 2025) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 17 Dec 2025
  80. S86Change in statutory central auditors for FY26 (15 Nov 2025) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 15 Nov 2025
  81. S87Dividend of ₹17.35 per share for FY26: record date and payment date · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 8 May 2026
  82. S88Board approval to raise up to ₹60,000 crore through bonds in FY27 (18 Jun 2026) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 18 Jun 2026
  83. S89SBI Investor Day presentation (15 Sep 2026) · SBI investor relations (sbi.bank.in) · Tier 1: company or exchange filing · 14 Sep 2026
  84. S92HDFC Bank Integrated Annual Report FY26 (peer facts only) · NSE (company filing, nsearchives.nseindia.com) · Tier 1: company or exchange filing · 11 Jul 2026
Changes to this page (v1 · 26 Oct 2026)
  1. v1 · 26 Oct 2026First version. (first version)

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