Slides
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Quarterly Results Q2FY27 A N A L Y S T P R E S E N T A T I O N 0 3 . 1 1 . 2 0 2 6
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Safe Harbor Certain statements in these slides are forward-looking statements. These statements are based on Management's current expectations and are subject to uncertainty and changes in circumstances. Actual outcomes may differ materially from those included in these statements due to a variety of factors.
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Table of Contents Performance Highlights Financial Performance Capital Adequacy Asset Quality Digital Journey Banking with a Purpose 07-17 07-17 27-30 27-30 18-24 18-24 39-45 39-45 25-26 25-26 31-34 31-34 Executive Summary 04-06 04-06 Subsidiaries, Group Financials & Balance Sheet 35-38 35-38 3
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Executive Summary
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Domestic NIM ▲ 11 bps over Q1FY27 SBI delivers Strong & Sustainable Performance 5 Profitability (Q2FY27) ₹23,038 Cr Net Profit 14.28% YoY ₹34,226 Cr Operating Profit 7.28% YoY 1.14% RoA (H1FY27) 18.68% RoE (H1FY27) 2.94% NIM (Whole Bank) 3.11% NIM (Domestic) Business Growth Gross Advances ₹52 Trillion 17.84% YoY SME 21.97% Deposits ₹63 Trillion 12.27% YoY YoY Agri 22.64% Retail Per 14.54% YoY SB 8.78% Retail TD 16.74% Asset Quality Lowest NPA Ratios in 2+ decades 1.39% Gross NPA 0.36% Net NPA 0.22% Credit Cost (Q2FY27) 74.43% PCR As on Sep 26
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Strong Foundations, Building a Future-Ready SBI 6 Digital Leadership Shaping the future 98.9% transactions through alternate channels No. 1 in Debit card spends, ATMs, value & no. of Mobile Banking transactions 11.1 Cr Registered customers on YONO ~6 Cr Registrations on New YONO 69.87 76.62 78.88 Sep 25 Jun 26 Sep 26 Balance Sheet Size (₹ Trillion) 69.82 74.23 73.02 Sep 25 Jun 26 Sep 26 Domestic CD Ratio (%) 143.05 126.05 140.47 Sep 25 Jun 26 Sep 26 LCR (%) 14.62 15.67 16.09 Sep 25 Jun 26 Sep 26 CRAR (%)
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Performance Highlights
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Quarter Ended YoY GrowthQ2FY26 Q2FY27 Profit & Loss (₹ in Crores) Net Interest Income 42,847 49,143 14.69% Net Interest Margin – Whole Bank (%) 2.96 2.94 -2 bps Net Interest Margin – Domestic (%) 3.08 3.11 3 bps Operating Profit 31,904 34,226 7.28% Net Profit 20,160 23,038 14.28% Balance Sheet (₹ in Crores) Gross Advances 44,19,674 52,08,344 17.84% Total Deposits 55,91,700 62,77,919 12.27% Key Ratios (in %) Credit Cost 0.39 0.22 -17 bps Gross NPA 1.73 1.39 -34 bps Net NPA 0.42 0.36 -6 bps PCR (Incl. AUCA) 92.29 91.83 -46 bps PCR 75.79 74.43 -136 bps Capital Adequacy 14.62 16.09 147 bps Key indicators 8 ₹ in Crores 21,24,266 22,96,883 Sep 25 Sep 26 8.13% YoYCASA Deposits 23,85,789 27,85,198 Sep 25 Sep 26 16.74% YoYRetail Term Deposits 25,03,694 29,37,856 Sep 25 Sep 26 17.34% YoYRAM Advances 12,39,346 14,39,156 Sep 25 Sep 26 16.12% YoYCorporate Advances
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Credit growth 9 42.50 9.30 35.00 13.20 SME Segment Sep 25 Sep 26 YoY Growth (%) Retail Personal 15,93,360 18,25,083 14.54 Agri 3,68,112 4,51,438 22.64 SME 5,42,222 6,61,335 21.97 Corporate 12,39,346 14,39,156 16.12 Domestic Advances 37,43,039 43,77,012 16.94 Foreign Offices Advances 6,76,635 8,31,332 22.86 Total Whole Bank Advances 44,19,674 52,08,344 17.84 AGRI Corporate Agri Retail Per Corporate SME ₹ in Crores SME, 15.11% Agri, 10.31% Per, 41.70% Corporate, 32.88% Share of Domestic Advances as on Sep 26 RAM Portfolio Share: 67.12%
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Credit growth - Retail Personal Banking 10 Leadership across all segments As on Sep 2026 Retail Personal Portfolio of ~₹18.3 lakh crore 3 - year CAGR at ~14% Sep 26 ~ 41.7% of Dom. Adv. 9,85,537 11.94 0.57 O/S, ₹ in crores YoY Growth, % GNPA, % 3,78,769 7.48 1.15 1,36,294 5.88 0.52 1,37,349 89.31 0.05 1,87,134 17.51 0.57 Home Loans Personal Loan Auto Loans Personal Gold Loans Other P Seg Loans 10.25 7.53 7.47 20.75 54.00 Sep 26 Composition of Retail Personal Advances (in%) Home Loans Personal Loan Auto Loans Personal Gold Loans Other P Seg Loans
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Corporate Rating mix (%) BBBAAA AAA ~40% share to PSUs / Govt. Depts. as on Sep 26 Performance Highlights Financial Performance Capital Adequacy & Asset Quality Digital Journey Banking with a PurposeCredit growth - Diversified Loan Portfolio 11 41 44 29 29 16 15 6 5 8 7 Sep 25 Sep 26 BB & below BBBAAA AAA BB & below Diversified and well distributed across sectors High quality asset book Outstanding as on 30th Sep 26 Fund Based O/S Sectors Amount % Share YoY Gr % Infrastructure 4,12,931 9.43 6.01 of which: Power 2,68,059 6.12 20.12 Telecommunication 19,090 0.44 -8.34 Roads & Ports 82,746 1.89 -20.22 Other Infrastructure 43,035 0.98 2.97 Services 6,60,758 15.10 25.61 Iron & Steel 79,215 1.81 13.88 Aviation & Airports 29,834 0.68 27.29 Tourism & Hotels 10,828 0.25 15.76 Textiles 41,764 0.95 7.78 Petroleum & Petrochemicals 87,831 2.01 22.35 Engineering 63,069 1.44 47.66 Comm. Real Estate 84,160 1.92 27.75 Other Industries 6,30,101 14.40 15.71 Home Loans 9,85,537 22.52 11.94 Auto Loans 1,36,294 3.11 5.88 Other Retail Loans 7,03,252 16.07 20.38 Agriculture 4,51,438 10.31 22.64 Total Domestic Advances 43,77,012 100.00 16.94 (₹ in Crores)
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Performance Highlights Financial Performance Capital Adequacy & Asset Quality Digital Journey Banking with a PurposeCredit growth – International Banking 12 Gross Advances: 22.86% YoY growth 6,76,635 6,93,332 7,42,941 7,70,574 8,31,332 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 ₹ in Crores Break up of Loan Portfolio (%) Loan Portfolio across Geographies (%)Asset Quality: NPAs Contained GNPA (%) 0.19 0.15 0.13 0.12 0.11 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Highlights: • Consistent Quarter on Quarter growth in customer credit. • Gross advances have grown by 22.86% on YoY basis (in Dollar terms YoY growth of 13.84%). External Commercial Borrowings, and Local Credit are major drivers of customer credit. FCNR(B) loans of USD 8.83 Bn. • Growth in customer credit is majorly contributed by US Ops, London, GIFT City, Middle East and East Asia region branches. • Gross NPA ratio is down by 8 bps on YoY basis and showing declining trend, underlining high quality of assets booked. 39.7 37.2 23.1 Local Lending India Linked Loans Trade Finance 24 15 16 10 9 5 5 5 3 3 5 USA (24%) UK (15%) GIFT City (India) (16%) UAE (10%) Hong Kong (9%) Bahrain (5%) Singapore (5%) Japan (5%) Germany (3%) Sydney (3%) Others (5%)
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Deposit growth 13 Particulars Sep 25 Sep 26 YoY Growth (%) Current Account Deposits (CA) 3,28,230 3,43,208 4.56 Saving Bank Deposits (SA) 17,96,036 19,53,675 8.78 CASA Deposits 21,24,266 22,96,883 8.13 Term Deposits (TD) 32,36,366 36,97,717 14.26 Domestic Deposits 53,60,632 59,94,600 11.83 Foreign Offices Deposits 2,31,068 2,83,319 22.61 Total Deposits 55,91,700 62,77,919 12.27 ₹ in Crores TD, 61.68% SA, 32.59% CA, 5.73% Share of Domestic Deposits as on Sep 26 CASA: 38.32%
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Margins, Yield & Cost (Cumulative) 3.04 3.06 3.03 3.00 3.06 2.92 2.94 2.91 2.86 2.90 1.99 1.97 1.93 1.74 1.72 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Net Interest Margins (%) Domestic Whole Bank Foreign Offices 8.68 8.61 8.50 8.20 8.22 5.06 4.98 4.82 4.46 4.56 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Yield on Advances (%) Domestic Foreign Offices 5.13 5.07 5.04 4.85 4.84 3.85 3.84 3.78 3.52 3.52 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Cost of Deposits (%) Domestic Foreign Offices 7.08 7.04 7.01 6.93 6.90 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Yield on Investments (%) Domestic 14
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8,711 9,549 Q2FY26 Q2FY27 Fee Income 2,483 2,462 Q2FY26 Q2FY27 Recovery from AUCA accounts 7,470 6,011 Q2FY26 Q2FY27 Profit / Loss on Sale / Revaluation of Investments ₹ in Crores Non-interest income 15 979 529 Q2FY26 Q2FY27 Forex / Derivatives Income -45.99% 9.63% -19.53% -0.81% 1,712 2,343 Q2FY26 Q2FY27 Loan Processing Charges 1,133 1,339 Q2FY26 Q2FY27 Commission on Government Business 854 909 Q2FY26 Q2FY27 Commission on LC / BG 1,256 1,389 Q2FY26 Q2FY27 CVE Income 36.92% 18.19% 6.42% 10.58% Key Components of Fee Income Other Key Non-interest Income components
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53 31 8 7 1 Sep 2026 Break up of Domestic Investments as on Sep 26 (%) 50 32 6 3 9 Sep 2025 Modified Duration 2.33 Modified Duration 2.82 AFS Book (%) ₹ in Crores Gross Investment Book Sep 25 Sep 26 Domestic Investments 16,58,106 17,86,298 - of which SLR 13,78,022 15,21,752 Foreign Offices Investments 77,793 85,640 Total Investments Book 17,35,899 18,71,938 Performance Highlights Financial Performance Capital Adequacy & Asset Quality Digital Journey Banking with a Purpose 7.08 6.90 H1FY26 H1FY27 Yield on Investments (%) -18 bps Treasury Operations 16 72.90 15.99 9.49 0.95 0.67 HTM AFS FVTPL-HFT FVTPL-NHFT A&S
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Operating expenses 17 Focus continues on improving income streams with control on costs 41.7 15.2 43.1 H1FY26 (%) 48.94 48.53 48.33 24.00 29.00 34.00 39.00 44.00 49.00 54.00 H1FY25 H1FY26 H1FY27 Cost to Income Ratio (%) 1.71 1.72 1.63 1.00 1.10 1.20 1.30 1.40 1.50 1.60 1.70 1.80 H1FY25 H1FY26 H1FY27 Cost to Average Assets (%) 27.73 27.62 26.60 21.21 20.91 21.73 48.94 48.53 48.33 H1FY25 H1FY26 H1FY27 Overheads to Operating Income (%) Staff Expenses to Operating Income (%) Operating Expenses 41.1 13.9 45.0 H1FY27 (%)
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Financial Performance
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Financials – at a glance 19 Particulars (₹ in Crores) For the Quarter For the Half Year Growth (%) Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY27 over Q1FY27 Q2FY27 over Q2FY26 H1FY27 over H1FY26 Interest Income 1,19,517 1,27,896 1,32,019 2,37,347 2,59,915 3.22 10.46 9.51 Interest Expenses 76,670 80,904 82,876 1,53,593 1,63,780 2.44 8.09 6.63 Net Interest Income 42,847 46,992 49,143 83,754 96,135 4.58 14.69 14.78 Non Interest Income* 20,056 15,923 19,066 37,567 34,989 19.74 -4.94 -6.86 Operating Income 62,903 62,915 68,209 1,21,321 1,31,124 8.41 8.44 8.08 Operating Expenses 30,999 29,386 33,983 58,872 63,369 15.64 9.63 7.64 Operating Profit 31,904 33,529 34,226 62,449 67,755 2.08 7.28 8.50 Total Provisions 11,744 12,408 11,188 23,129 23,596 -9.83 -4.74 2.02 Net Profit 20,160 21,121 23,038 39,320 44,159 9.07 14.28 12.31 NIM (Whole Bank) (%) 2.96 2.86 2.94 2.92 2.90 8 bps -2 bps -2 bps NIM (Domestic) (%) 3.08 3.00 3.11 3.04 3.06 11 bps 3 bps 2 bps Cost to Income Ratio (%) 49.28 46.71 49.82 48.53 48.33 311 bps 54 bps -20 bps Cost to Average Assets (%) 1.80 1.54 1.75 1.72 1.63 21 bps -5 bps -9 bps * Includes one-time profit of ₹4,593 crores on account of stake sale in Yes Bank in Q2FY26 and ₹7,288 crores on account of stake sale in SBI Funds Management in Q2FY27
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Total income 20 Particulars (₹ in Crores) For the Quarter For the Half Year Growth (%) Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY27 over Q1FY27 Q2FY27 over Q2FY26 H1FY27 over H1FY26 Interest on Loans 86,183 94,011 97,464 1,71,621 1,91,476 3.67 13.09 11.57 Interest on Resources 29,972 30,922 31,813 59,569 62,735 2.88 6.15 5.32 Other Interest Income 3,363 2,963 2,741 6,158 5,704 -7.51 -18.50 -7.37 Total Interest Income 1,19,517 1,27,896 1,32,019 2,37,347 2,59,915 3.22 10.46 9.51 Fee Income 8,711 9,476 9,549 16,553 19,025 0.77 9.63 14.93 Profit / Loss on Sale / Revaluation of Investments 7,470 4,319 6,011 13,796 10,330 39.16 -19.53 -25.12 Forex / Derivatives Income 979 497 529 2,611 1,025 6.47 -45.99 -60.73 Miscellaneous Income 2,897 1,631 2,977 4,607 4,608 82.58 2.79 0.02 Total Non Interest Income 20,056 15,923 19,066 37,567 34,989 19.74 -4.94 -6.86 Total Income 1,39,573 1,43,819 1,51,084 2,74,914 2,94,904 5.05 8.25 7.27
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Fee income break up 21 Particulars (₹ in Crores) For the Quarter For the Half Year Growth (%) Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY27 over Q1FY27 Q2FY27 over Q2FY26 H1FY27 over H1FY26 Loan Processing Charges 1,712 2,114 2,343 3,037 4,458 10.84 36.92 46.78 Commission on Govt. Business 1,133 1,578 1,339 2,183 2,917 -15.14 18.19 33.65 Commission on LC/BG 854 888 909 1,742 1,797 2.35 6.42 3.19 CVE Income 1,256 1,140 1,389 2,266 2,528 21.89 10.58 11.57 Remittance, Collection, etc. 2,060 1,768 1,616 3,562 3,384 -8.61 -21.56 -5.00 Miscellaneous Fee Income 1,696 1,988 1,953 3,764 3,941 -1.78 15.15 4.70 Fee Income 8,711 9,476 9,549 16,553 19,025 0.77 9.63 14.93
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Total expenses 22 Particulars (₹ in Crores) For the Quarter For the Half Year Growth (%) Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY27 over Q1FY27 Q2FY27 over Q2FY26 H1FY27 over H1FY26 Interest on Deposits 68,946 71,119 73,528 1,37,982 1,44,648 3.39 6.65 4.83 Interest on Borrowings 4,286 6,442 6,021 8,763 12,463 -6.54 40.47 42.22 Other Interest Paid 3,438 3,343 3,326 6,848 6,669 -0.48 -3.24 -2.62 Total Interest Expenses 76,670 80,904 82,876 1,53,593 1,63,780 2.44 8.09 6.63 Salary 12,060 13,182 12,860 24,530 26,042 -2.44 6.63 6.16 Provisions for Employees 4,546 4,242 4,592 8,975 8,833 8.25 1.02 -1.58 Staff Expenses 16,606 17,424 17,452 33,505 34,876 0.16 5.09 4.09 Overheads 14,393 11,962 16,531 25,367 28,493 38.20 14.86 12.32 Operating Expenses 30,999 29,386 33,983 58,872 63,369 15.64 9.63 7.64 Total Expenses 1,07,669 1,10,290 1,16,859 2,12,466 2,27,149 5.96 8.54 6.91
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Overheads 23 Particulars (₹ in Crores) For the Quarter For the Half Year Growth (%) Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY27 over Q1FY27 Q2FY27 over Q2FY26 H1FY27 over H1FY26 Rent, Taxes & Lighting 1,663 1,470 1,872 3,052 3,342 27.29 12.54 9.50 Depreciation 1,078 1,189 1,271 2,037 2,460 6.89 17.97 20.79 Printing & Stationery 262 215 259 481 475 20.49 -1.13 -1.30 Postage & Telecommunications 248 183 279 388 462 52.21 12.52 19.26 Repairs & Maintenance to Bank's Property 352 286 370 641 656 29.49 5.20 2.33 Travelling & Halting 490 419 552 876 971 31.81 12.83 10.94 Business Acquisition & Development Expenses 1,244 1,354 2,004 2,216 3,358 48.05 61.07 51.53 ATM / CDM / Debit Card / Other Expenses 2,926 2,737 3,226 5,207 5,963 17.85 10.23 14.53 Miscellaneous Expenses 6,130 4,108 6,697 10,470 10,806 63.02 9.26 3.20 Overheads 14,393 11,962 16,531 25,367 28,493 38.20 14.86 12.32
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Provisions & profit 24 Particulars (₹ in Crores) For the Quarter For the Half Year Growth (%) Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Q2FY27 over Q1FY27 Q2FY27 over Q2FY26 H1FY27 over H1FY26 Operating Profit 31,904 33,529 34,226 62,449 67,755 2.08 7.28 8.50 Loan Loss 4,132 3,359 2,759 9,066 6,118 -17.86 -33.23 -32.52 Standard Assets 1,198 477 377 880 854 -21.05 -68.57 -2.97 Investment Depreciation -39 -58 -150 -88 -209 Other Provisions 109 1,269 1,232 301 2,501 -2.96 1,032.24 730.77 Income Tax 6,344 7,361 6,971 12,969 14,332 -5.30 9.88 10.51 Total Provisions 11,744 12,408 11,188 23,129 23,596 -9.83 -4.74 2.02 Net Profit 20,160 21,121 23,038 39,320 44,159 9.07 14.28 12.31 Ratios (Annualized) Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 ROA (%) 1.17 1.11 1.19 1.15 1.14 ROE (%) 17.87 20.21 18.68 Earning Per Share (₹) 87.28 91.78 99.02 86.71 95.42
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Capital Adequacy
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Strong Capital Buffers 26 Capital Ratios (%) RWAs to Total Assets (%) 52.81 52.56 52.09 Sep 25 Jun 26 Sep 26 Credit Risk Weighted Assets on Advances to Gross Advances (%) 55.99 53.33 52.11 Sep 25 Jun 26 Sep 26 11.47 12.89 13.34 1.20 1.01 1.001.95 1.77 1.7514.62 15.67 16.09 8.80 12.30 Sep 25 Jun 26 Sep 26 CET-1 AT-1 Tier-2 Min regulatory CET-1 Min regulatory Total Capital CRAR As per the revised RBI framework, plough back of profit effected in Jun 26 and Sep 26 quarters
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Asset Quality
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Asset quality (1/3) 76,243 73,637 73,452 74,272 72,529 1.73 1.57 1.49 1.47 1.39 70,000 72,000 74,000 76,000 78,000 80,000 82,000 1.00 1.10 1.20 1.30 1.40 1.50 1.60 1.70 1.80 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Gross NPA (₹ Crores) Gross NPA Ratio 75.79 75.54 74.36 74.20 74.43 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Provision Coverage Ratio 92.29 92.37 91.97 91.82 91.83 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Provision Coverage Ratio (incl. AUCA) Cumulative for the Period (%) 0.60 0.54 0.54 0.57 0.50 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Slippage Ratio 0.43 0.39 0.37 0.27 0.25 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Credit Cost 18,460 18,012 18,830 19,158 18,546 0.42 0.39 0.39 0.38 0.36 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 0.20 0.25 0.30 0.35 0.40 0.45 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Net NPA (₹ Crores) Net NPA Ratio 28
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Asset quality (2/3) 29 Movement of NPAs: Q2FY26 Q3FY26 Q4FY26 FY26 Q1FY27 Q2FY27 Opening Level of Gross NPAs 78,040 76,243 73,637 76,880 73,452 74,272 Total Reductions 6,794 7,466 5,732 27,232 6,539 7,120 of which : Recovery + Upgradation 2,279 2,371 1,526 9,429 3,574 3,235 Gross Addition 4,998 4,860 5,548 23,804 7,359 5,377 of which : Increase in O/s 244 402 27 1,126 313 150 : Fresh Slippages 4,754 4,458 5,521 22,678 7,046 5,227 Net Increase -1,797 -2,606 -184 -3,428 820 -1,743 Closing Level of Gross NPAs 76,243 73,637 73,452 73,452 74,272 72,529 Segmental NPAs: Sep 25 Jun 26 Sep 26 NPA Ratio % NPA Ratio % NPA Ratio % Retail: 59,834 2.39 61,560 2.16 60,413 2.06 Agri 30,191 8.20 30,729 7.03 29,608 6.56 Personal 11,699 0.73 11,910 0.67 11,828 0.65 SME 17,944 3.31 18,921 2.93 18,977 2.87 Corporate 15,144 1.22 11,784 0.83 11,185 0.78 International 1,265 0.19 928 0.12 931 0.11 Total 76,243 1.73 74,272 1.47 72,529 1.39 ₹ in Crores
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Slippages Asset quality (3/3) 30 12,699 12,273 4,754 4,458 5,521 7,046 5,227 H1FY26 H1FY27 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 SMA 1 & SMA 2 Accounts with exposure above ₹ 5 crores: CRILC data 1,769 2,204 2,417 2,487 3,265 1,992 1,666 932 1,687 1,5363,762 3,870 3,350 4,174 4,801 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 SMA1 SMA2 ₹ in Crores
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Digital Journey
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32 Digital Leadership across channels Market share across channels (as per latest available data) 24.13% Debit card spends 31.09% ATMs 28.40% Mobile Banking No. of Transactions 22.23% Mobile Banking Transaction value Increasing digital adoption(%) * Digital comprises of Internet, Mobile, POS, ECOM, UPI & YONO and Green Channel 95% 3% 1%1% Sep 26 Digital* ATM & CDM BC Channel Branch 94% 4% 1%1% Sep 25 98.9% Share of Alternate Channels With varied payment modes UPI Remit transactions (Numbers during Q2FY27) Unique SBI UPI users based on account nos. (Cumulative till Sep 26) Market share in remittances 1,828 Cr 26.30 Cr 25.28% Debit cards Debit Cards (Numbers as on 30th Sep 26) Debit Card spend transactions (Numbers during Q2FY27) Debit Card spend (Amount during Q2FY27) 25.84 Cr ~9.1 Cr ~₹26 K Cr ATM ATM transactions per day ~1.1 Cr 9.3 Cr Sep 25 Sep 26 Mobile Banking (Retail) Customer touch points YONO (Registered Users) Unique SBI UPI (Users) YONO Lite (Registered Users) 11.1 Cr 2.7 Cr 2.6 Cr 22.1 Cr 26.3 Cr 11.8 Cr Sep 25 Sep 26 Active INB Customer (Retail) Number of ATMs No. of BC Outlets 12.8 Cr 79.0 K 79.9 K 62.5 K 65.3 K 61.44 L BHIM SBI Pay QR Codes 17.8 L SBI POS Payment acceptance touch points 10.7 L BHIM-Aadhar- SBI 10.6 L Bharat QR Accelerating digital agenda (1/2)
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33 YONO: Driving digital agenda of the Bank Accelerating digital agenda (2/2) (All data for Q2FY27) 59.63 L YONO Registration Whatsapp Banking Registration 1.84 Cr 0.81 L Digital Loans Disbursed Fund Transfer 9.72 Cr (Numbers) Digital Banking Create seamless omni- channel customer experience (Numbers) CVE Provide one-stop shop for all financial needs (Numbers/Amount*) e2e Digital Loans (Disbursement Amt.) Quick Personal Loans on the go! (Amount) 29.2 L SB accounts opened 83.0 L YONO Cash 0.4 L NPS Accounts Opened 0.89 L PPF Accounts opened 37.0 K e-Shield Insta (Life Insurance) 3.3 L Approved Credit Cards 20.5 L Personal Accident Insurance ₹ 8.1 K Cr Mutual Funds Gross Sales* ₹ 907 Cr Real Time Personal Loan ₹ 362 Cr Insta Home Top Up Loan ₹ 1,510 Cr PAPL ₹ 117 Cr Loan against Mutual Funds YONO Registration (# Lakh) ~66 K Daily Average YONO Registrations in Q2FY27 Fund Transfer (# Crore) ~11 L Daily Average number of Fund Transfer in Q2FY27 5.77 9.72 Q2FY26 Q2FY27 30.53 59.63 Q2FY26 Q2FY27 95% 68%
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Analytics, AI & ML 34 AI Initiative undertaken Project SARAL: Collections Models AI/ML-based collection models rolled out to predict early delinquency and generate standardized account-level risk flags, enabling prioritization and more efficient and targeted collection actions across various products and Business units. Retail Loans ₹ 48,091 Cr SMEBU ₹ 15,286 Cr ABU ₹ 28,220 Cr REHBU ₹ 4,617 Cr CVE Commission (fee) ₹ 108 Cr 65,912 1,04,139 1,37,357 1,24,268 1,80,518 74,355 96,214 FY22 FY23 FY24 FY25 FY26 H1FY26 H1FY27 Advances Through Analytical Leads (₹ in Crores) 29.40 % YoY Growth Digital Loans H1FY27 ₹7,225 Crores PAPL ₹ 1,316 Cr PABL ₹ 1,143 Cr RTPL ₹ 1,592 Cr Insta Home Top up ₹ 147 Cr PASBL ₹ 92 Cr PAPL ₹ 2,824 Cr PABL ₹ 2,061 Cr Insta Home Top up ₹ 509 Cr PASBL ₹ 239 Cr Business / Fee Income Through Analytical Leads H1FY27 ₹96,214 Crores / ₹108 Crores Analytics backed leads extended to Gig Workers Analytics model driven digital lending to Gig workers by data driven and cash flow based credit assessment, improved access to institutional finance with effective risk management.
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Banking with a Purpose
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Financial Inclusion 36 No. of BC outlets 78,993 79,905 Sep 25 Sep 26 New Initiatives at CSP outlets: ❖ Sourcing of Mudra Loan through Jan Samarth Portal has been launched. ❖ WhatsApp receipt facility enabled for cash deposit and cash withdrawal and other transaction of ₹ 5000 and above. ❖ New type of Customer Service Point based on mobile Based App focused on transaction “CSP Lite launched”. Performance under Social Security Schemes Cumulative no. in crores Sep 25 Sep 26 APY 1.86 2.14 PMJJBY 7.67 8.54 PMSBY 15.43 16.64 PMJDY 15.39 15.83 Improvement in Ease of Banking Sep 25 Sep 26 Passbook Printers installed at CSPs 36,056 39,165 % Share of Passbooks printed at CSPs 26.82 28.95 Deposits in FI Accounts 79,472 91,169 4,337 4,874 1,200 1,700 2,200 2,700 3,200 3,700 4,200 4,700 5,200 - 20,000 40,000 60,000 80,000 1,00,000 1,20,000 1,40,000 Sep 25 Sep 26 Average Balance (₹) Deposit (in Cr) Transactions in BC Channel 2,50,749 2,22,471 47.72 48.02 1 80 - 60,000 1,20,000 1,80,000 2,40,000 3,00,000 3,60,000 H1FY26 H1FY27 No. of Transactions (in Cr) Transaction amount (in Cr) 14.71% Market Leader Social Security Schemes (Share in %) 22.03 26.61 29.19 34.19 PMJJBY PMSBY PMJDY APY Market Share among PSBs (As on 30th Sep 2026) Total Market Share 31.86 34.58 38.37 45.22
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Sustainability Highlights Financial Capital Natural Capital Social Capital Human Capital ₹ 23,038 crores Net Profit in Q2FY27 ₹ 2,25,107 crores Limits sanctioned for Sustainable Finance activities (of which ₹ 1,78,948 crores for Renewable Energy projects) ₹ 372 crores CSR Spend during Q2FY27 2,47,254 Total workforce ₹ 52.08 lakh crores Advances >78 GW Capacity of sanctioned Renewable Energy projects 79,905 BC outlets 29% Women in workforce ₹ 62.78 lakh crores Deposits >50 MW Captive RE Capacity 41,147 Candidates trained through RSETIs during Q2FY27 6,150 Persons with Disabilities / Divyang 98.9% Share of transactions through Alternate Channels 133 Green Building / Net Zero Energy Operations Certifications 4,52,979 Trees planted during Q2FY27 100% All permanent Employees covered under medical benefits 37 As on Sep 2026
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Contributing to Society Status of CSR activities as on 30.09.2026 CSR Budget utilization up to 30.09.2026 Major CSR Initiatives during Q2FY27 CSR Spends Breakup (excl. SBI Foundation) ₹ in Crores 38 • Tree Plantation activities have been undertaken across the country resulting in 4,52,979 trees planted. • Distribution of 60,000 re-usable sanitary pad kits in Government Girls Schools across Andhra Pradesh. • Infrastructure upgrades for 42 Government Primary Schools in Telangana. • Donation for purchase of Medical equipment for Physiotherapy and Pulmonary Department, Nizam's Institute of Medical Sciences (NIMS), Hyderabad. • Donation of High-End Ultrasonography Machine to SMS Hospital, Jaipur. • Distribution of 1,200 cycles to girl students in Government Schools across Andhra Pradesh. • Upgradation of Infrastructure of 26 Primary Health Centres across Keralam. Entity Budget for FY27 Utilization Circles 215.00 95.00 SBI Foundation 520.00 300.00 RSETIs 34.37 0.00 National & Misc. 30.95 1.10 Total 800.32 396.10 Disaster Management 2% Education 36% Empowerment of Women & Sr Citizen 4% Green Envirionment 18% Healthcare & Sanitation 36% Other CSR 4%
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Subsidiaries, Group Financials & Balance Sheet
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SBI and its subsidiaries – leveraging synergies (1/3) As on Sep 2026 40 Listed Subsidiaries Subsidiaries - listed SBI Stake (in %) H1FY27 - PAT (₹ in Crores) H1FY27 - RoE (in %) SBI Card 68.58 1,442 17.50 SBI Life 55.31 1,274 12.87 SBI Funds Management 55.56 1,566 46.81 Key Unlisted Subsidiaries Subsidiaries - unlisted SBI Stake (in %) H1FY27 - PAT (₹ in Crores) H1FY27 - RoE (in %) SBI General Insurance 73.87 205 7.80 SBI Capital Markets Group 100 816 22.06 SBI Payments Services 74 84 11.31 SBI SG Global Securities 65 92 23.10 Subsidiary numbers are as published by respective subsidiaries
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SBI and its subsidiaries – leveraging synergies (2/3) H1FY26 H1FY27 PAT (₹ in Crores) 1,089 1,274 ROE (in %) 12.4 12.9 ₹ in Crores As on Sep 2026 H1FY26 H1FY27 PAT (₹ in Crores) * 1,001 1,442 ROE (in %) 13.9 17.5 Market Share • Private market leadership in New Business Premium, Individual New Business Premium, Individual Rated New Business Premium and Total Rated New Business Premium, with private market share of 20.0%, 25.2%, 22.6% and 20.4% respectively. Business Performance • New Business Premium grew by 10% and stands at ₹20,259 Crores • Renewal Premium stands at ₹28,145 Crores; growth of 15% • PAT grew by 17% YoY and stands at ₹1,274 Crores • Robust solvency ratio of 1.97 • Expenses ratio of 6.9% • Value of New Business (VONB) is ₹3,274 Crores, growth of 19% & margin stands at 27.9% • Assets under Management stands at ₹5,27,120 Crores; growth of 9% YoY • Embedded Value stands at ₹ 87,349 Crores; growth of 15% YoY. Market Share • #2 player in Cards, Spends and Transactions • Cards-in-force as of Sep 26 is 18.5% (Sep 25, 19.0%), • Spends in H1FY27 is 18.7%, (H1FY26, 17.1%) Portfolio •▲ 8% YoY in cards, •▲ 14% YoY in spends •▼ 2% YoY in receivables Profitability • During H1FY27 Revenue from Operations at ₹10,181 Crores grew 3% YoY, PAT at ₹1,442 Crores grew by 44% YOY. • During H1FY27, ROA is at 4.2%, ROE is at 17.5%. • CRAR is at 26.5%, Tier I is at 21.2%. 41 59,845 58,376 28,000 33,000 38,000 43,000 48,000 53,000 58,000 63,000 H1FY26 H1FY27 2,00,307 2,29,164 0 50,000 1,00,000 1,50,000 2,00,000 2,50,000 H1FY26 H1FY27 215 232 0 50 100 150 200 250 H1FY26 H1FY27 42,898 48,405 0 10,000 20,000 30,000 40,000 50,000 60,000 H1FY26 H1FY27 *As per Ind AS, without OCI Value of New Business Gross Written Premium 12% 13% ReceivablesCIF (In Lakhs) Spends -2% 8% 14% *As per Ind AS, without OCI 8,679 9,722 2,200 3,200 4,200 5,200 6,200 7,200 8,200 9,200 10,200 H1FY26 H1FY27 Individual Rated Premium 12% 2,753 3,274 0 500 1,000 1,500 2,000 2,500 3,000 3,500 H1FY26 H1FY27 19%
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SBI and its subsidiaries – leveraging synergies (3/3) As on Sep 2026 H1FY26 H1FY27 PAT (₹ in Crores)* 1,586 1,566 ROE (in %)# 34.9 46.8 Performance Highlights • SBI MF Quarterly Average AUM stood at ₹13.1 trillion up 10% YoY as on Sep 26, reflecting a market share of 15.0%, continuing to be #1 mutual fund manager in the industry. • Alternate AUM (comprising AIF, PMS, Advisory and Offshore funds) stood at ₹13.3 trillion as on Sep 26, including AIF Quarterly Average AUM of about ₹7,437 crores (up 27% YoY). • Systematic Investment Plan (SIP) AUM stood at ₹2.07 trillion, up 15% YoY and representing a market share of 12.3% Group H1FY26 H1FY27 PAT (₹ in Crores) 820 816 ROE (in %)* 28.8 22.1 *As per Ind AS, without OCI #ROE has been recomputed on Average Networth ₹ in Crores Performance Highlights • PA&SF Group: Ranked No.1 India Borrower Loans (Mandated Lead Arranger). Market share of 36.19% (FY26). • DCM: Ranked No.6 for Debt Private placement of bonds in H1FY27 as per the Bloomberg league table. • ECM: Ranked No.2 in the Prime Database (by issue amount) for the issues done in H1FY27. • SSL is ranked No.4 position in Bank led Broker and Digital penetration for new account acquisition is 99.4%. * ROE is calculated without considering Fair value gain routed through OCI. Performance Highlights • Ranked 6th amongst the Private players as of Q2FY27. • No. 1 player in Personal Accident segment amongst Private players. • SBI General posted Gross Direct Premium of ₹8,689 Crores at growth rate of 21% compared to H1FY26. H1FY26 H1FY27 PAT (₹ in Crores) 422 205 ROE (in %) 17.3 7.8 42 22,399 26,130 H1FY26 H1FY27 Gross Written Premium AUM 7,376 8,767 H1FY26 H1FY27 14% 17% 19%
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Regional Rural Banks – Sponsored by SBI Performance Highlights – Q2FY27 9 RRBs operating in 9 States • Deposits at ₹ 1,52,407 crores ▲ 11.55% YoY • CASA ▼ 27 bps YoY at 50.83% • Gross Advances at ₹ 1,31,454 crores ▲ 13.77% YoY • CD Ratio ▲ 168 bps YoY at 86.25% • NIM ▲ 44 bps YoY at 4.20% Network of 4,199 branches in 196 districts • Gross NPA ▼ 24 bp YoY at 2.43% • Net Profit of ₹ 2,130 crores ▲ 49.58% YoY • ROA ▲ 55 bps YoY at 2.05% • PCR ▼ 7 bps YoY at 87.07% • ROE ▲ 464 bps YoY at 19.97% 43
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SBI group financials – H1FY27 44 Particulars (₹ in Crores) Half Year Ended Growth (%) H1FY26 H1FY27 YoY Interest Earned 2,53,467 2,77,314 9.41 Non-Interest Income* 92,450 97,383 5.34 Total Income 3,45,916 3,74,697 8.32 Interest Expended 1,56,269 1,66,520 6.56 Operating Expenses (i+ii) 1,20,011 1,31,074 9.22 (i) Employee Cost 36,837 38,558 4.67 (ii) Other Operating Expenses 83,174 92,516 11.23 Total Expenditure 2,76,280 2,97,595 7.71 Operating Profit 69,636 77,103 10.72 Provisions (other than Tax) 11,750 10,664 -9.25 Add: Share in profit of associates 851 1,018 19.64 Less: Minority Interest 1,643 1,864 13.46 Tax Expenses 14,755 16,119 9.25 Net Profit 42,339 49,474 16.85 Particulars Half Year Ended H1FY26 H1FY27 ROA (%) 1.13 1.17 ROE (%) 19.65 19.11 Earning Per Share (₹) 93.36 106.90 Expenses Ratio (%) 48.20 48.11 NIM (%) 3.04 3.02 Gross NPA Ratio (%) 1.73 1.39 Net NPA Ratio (%) 0.42 0.36 * Includes one-time profit of ₹3,027 crores (net of adjustment as per Accounting Standard 23) on account of stake sale in Yes Bank in Q2FY26 and ₹6,879 crores (net of adjustment as per Accounting Standard 21) on account of stake sale in SBI Funds Management in Q2FY27
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Balance sheet 45 ₹ in Crores Liabilities SBI SOLO SBI GROUP Sep 25 Sep 26 YOY Growth (%) Sep 25 Sep 26 YOY Growth (%) Capital 923 923 0.00 923 923 0.00 Reserves and Surplus 5,17,136 5,98,663 15.77 5,68,389 6,70,669 17.99 Minority Interest 19,613 21,177 7.97 Deposits 55,91,700 62,77,919 12.27 56,55,559 63,47,305 12.23 Borrowings 6,00,551 6,89,511 14.81 6,50,303 7,41,291 13.99 Other Liabilities & Provisions 2,77,158 3,20,776 15.74 7,78,612 8,77,174 12.66 Total Liabilities 69,87,469 78,87,793 12.88 76,73,400 86,58,539 12.84 Assets SBI SOLO SBI GROUP Sep 25 Sep 26 YOY Growth (%) Sep 25 Sep 26 YOY Growth (%) Cash & balances with RBI 2,72,575 2,20,083 -19.26 2,73,477 2,20,335 -19.43 Bal with Banks & Money at Call and Short Notice 1,19,753 1,14,050 -4.76 1,40,166 1,33,811 -4.53 Investments 17,28,080 18,64,677 7.90 22,76,621 24,86,334 9.21 Net Advances 43,61,737 51,54,323 18.17 44,57,752 52,60,609 18.01 Fixed Assets 52,094 55,566 6.66 54,363 57,950 6.60 Other Assets 4,53,229 4,79,094 5.71 4,71,020 4,99,501 6.05 Total Assets 69,87,469 78,87,793 12.88 76,73,400 86,58,539 12.84
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Thank You